Effective 04/01/2020 and subject to change. For additional information regarding rates and terms on Progressions Credit Union deposit accounts, please call 509.535.0191 or 800.828.8691. APY=Annual Percentage Yield. Federally Insured by NCUA.

To view our Fee Schedule, click here.
 

Kasasa Cash® Checking
Minimum balance to open Minimum balance to earn stated APY APY Truth in Savings Disclosure Learn More
$0.00

$0.00

$0.00		 Range $0.00-$15,000 (Qualified Rate)

Range $15,000.01 or greater (Qualified Rate)

BASE RATE (Non-Qualified Rate)		 3.00%

0.25%

0.05%		 Truth in Savings Disclosure (PDF) Kasasa Cash
Qualifications to earn rewards:
  • At least 1 (one) direct deposit, ACH credit, or ACH payment transaction posted to the account per month
  • At least 12 (twelve) debit card purchases, each greater than $4.99, posted to the account per month
  • Be enrolled in and agree to receive eStatements
Dividends are compounded/credited monthly.

Kasasa Saver®
Must have a Kasasa Cash® or Kasasa Cash Back® Account
Minimum balance to open Minimum balance to earn stated APY APY Truth in Savings Disclosure Learn More
$0.00

$0.00

$0.00		 Range $0.00-$50,000 (Qualified Rate)

Range $50,000.01 or greater (Qualified Rate)

BASE RATE (Non-Qualified Rate)		 1.00%

0.25%

0.05%		 Truth in Savings Disclosure (PDF) Kasasa Saver
Qualifications that must be met in the Kasasa Cash Account to earn the "Qualified" dividend rate above:
  • At least 1 (one) direct deposit, ACH credit, or ACH payment transaction posted to the account per month
  • At least 12 (twelve) debit card purchases, each greater than $4.99, posted to the account per month
  • Be enrolled in and agree to receive eStatements
Dividends are compounded/credited monthly.

Prime Savings Account*
Minimum balance to open Minimum balance to earn stated APY APY Truth in Savings Learn More
$0.00 $25,000.00 0.15% Truth in Savings Disclosure (PDF) Prime Savings
$0.00 $100,000.00 0.25%
*Must have a Prime Checking Account.
Dividends are compounded/credited monthly.

Prime Checking Account
Minimum balance to open Minimum balance to earn stated APY APY Truth in Savings Learn More
$0.00 $10,000.00 0.25% Truth in Savings Disclosure (PDF) Prime Checking
Dividends are compounded/credited monthly.

Basic Savings
Every new membership requires a Basic Savings Account
Minimum balance to open Minimum balance to earn stated APY APY Truth in Savings Learn More
$0.00 $50.00 0.10% Truth in Savings Disclosure (PDF) Savings Accounts
Basic savings account have a $5.00 monthly maintenance charge if the balance falls below $200.00 unless designated as a SmartChoice Rewards Account or you have and use any other product or service with Progressions Credit Union (Savings, Checking, Credit Card, Loan, SmartLink, SmartLine, or debit card).

Dividends are compounded/credited quarterly.

Sub-Savings
Minimum balance to open Minimum balance to earn stated APY APY Truth in Savings Learn More
$0.00 $0.00 0.10% Truth in Savings Disclosure (PDF) Savings Accounts
Dividends are compounded/credited quarterly.

Yes! Savings
Minimum balance to open Minimum balance to earn stated APY APY Truth in Savings Learn More
$0.00 $0.00 2.00% Truth in Savings Disclosure (PDF) Yes! Accounts
$0.00 $2,000.01 0.10%
Dividends are compounded/credited quarterly.

Youth Accounts
(SmartBaby, Jr. Stamper, and boom!)
Minimum balance to open Minimum balance to earn stated APY APY Truth in Savings Learn More
$5.00 $5.00 0.10% Truth in Savings Disclosure (PDF) Youth Accounts
Dividends are compounded/credited quarterly.

Money Market ("SmartMarket") Accounts
Minimum balance to open
 		 Minimum balance to earn stated APY APY Truth in Savings Learn More
$0.00 $2,000.00 0.15% Truth in Savings Disclosure (PDF) Money Market Accounts
$0.00 $10,000.00 0.20%
$0.00 $50,000.00 0.30%
Dividends are compounded/credited monthly.

 
Individual Retiement Accounts (IRA)
 
Minimum balance to open Minimum balance to earn stated APY APY Truth in Savings Learn More
$0.00 $5.00 0.15% Truth in Savings Disclosure (PDF) IRA Accounts
$0.00 $10,000.00 0.20%
$0.00 $50,000.00 0.30%
Dividends are compounded/credited quarterly.
 
Save to Win Certificate
Minimum balance to open Minimum balance to earn stated APY APY Truth in Savings Learn More
$25.00 $25.00 0.75% Truth in Savings Disclosure (PDF) Save to Win

Official Rules
Dividends are compounded/credited monthly; deposits are allowed. The account will automatically renew at maturity and has a 10 day grace period. Withdrawal Penalty: Only one withdrawal allowed per 12 month term, otherwise the account must be closed. Another Save to Win account cannot be opened for a period of three months from the time the account is closed. Fees could reduce earnings. The fee for an early withdrawal is $25.00.
 
Certificates and IRA Certificates
Minimum balance to open and earn stated APY 6 Month Term APY 12 Month Term APY 18 Month Term APY 24 MonthTerm APY 36 Month Term APY
$500.00 0.25% 0.35% 0.40% 0.70% 0.95%
$10,000.00 0.30% 0.35% 0.40% 0.75% 0.95%
$25,000.00 0.30% 0.35% 0.40% 0.80% 0.95%*
$50,000.00 0.35% 0.40% 0.45% 0.85% 1.00%*
$100,000.00 0.35% 0.45% 0.50% 0.90% 1.10%*
Compounding and Crediting: Dividends are compounded and credited monthly; additional deposits are not allowed; withdrawals allowed with limitations and subject to early withdrawal penalties; certificates renew automatically at maturity with a 10 day grace period.
*Special Step-Up for 36 Month Term with at least a $25,000.00 minimum balance: You will have a one-time option to adjust your APY to the prevailing Progressions Credit Union APY for new certificates of identical terms. Your certificate's original maturity date will not change.
Early Withdrawal Penalty: Early withdrawal penalties apply. Fees could reduce earnings. For accounts up to 12 months, the amount of the early withdrawal penatly is 90 days of dividends whether earned or not. For accounts 13 months and more the early withdrawal penalty is 180 days of dividends whether earned or not.
Truth in Savings Disclosure (PDF)

 
Certificate and IRA Certificate Special
Minimum balance to open and earn stated APY Term  APY Truth in Savings
$10,000.00 7-17 Months 1.00% Truth in Savings Disclosure (PDF)
Compounding and Crediting:Dividends are compounded and credited monthly; additional deposits are not allowed; withdrawals are allowed with limitations and subject to an early withdrawal penalty; certificate will automatically renew at maturity with a 10 day grace at the current 12 month certificate rates.
Early Withdrawal Penalty: Early withdrawal penalties apply. Fees could reduce earnings.
Existing Progressions Credit Union certificates not eligible for special rates. Not available for Step-Ups or Educational Savings Certificates.