Certificates of Deposit (CDs)

CDs are secure investment vehicles that offer a guaranteed return. Progress Bank offers a variety of rates and terms, from 7 days to 60 months, with higher rates on longer terms, so you can adapt the features to match your financial goals.

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Special Offer

17 Month CD Special 2.75% APY*

*APY (Annual Percentage Yield) is effective as of March 25, 2019 and is subject to change at any time. Minimum balance required is $10,000. CD interest will be calculated on a 365 day basis, compounded daily and paid monthly with a transfer into a Progress Bank checking, savings or money market account or interest can be added to the CD balance each month. APY assumes interest remains on deposit until maturity. Withdrawals of interest will reduce earnings. Account is not available for public funds or institutional deposits. For 17 month CDs, we will impose a penalty if you withdraw any or all of the principal before the maturity date. The fee imposed will equal 90 days of interest. CD will renew automatically at the rate in effect for Progress Bank 18 month CD at the time of maturity. Limited time offer – ends May 31, 2019.



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*This form is NOT secure. Please do not include any sensitive information such as account number or Social Security Number.


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