Preferred Checking

Our preferred checking account has a higher balance requirement for even greater interest-earning potential. This account has all the benefits of our regular checking accounts, plus the ability to earn interest on your balance.  

Account benefits

  • Interest accrues daily and is paid monthly on collected tiered balance
  • Unlimited check writing
  • Unlimited free ATM use Worldwide*
  • Free Progress Bank ATM/CheckCard with Rewards Points
  • Free Online Banking and Bill Pay
  • Free E-statements
  • Free mobile banking
  • Overdraft protection available

Account requirements

  • Minimum opening deposit of $50
  • Minimum daily balance of $500, average monthly balance of $1,000 or combined personal and business average balances of $5,000 required per statement cycle to avoid $8 monthly charge

*Foreign currency exchange charges at customer’s expense