*APY (Annual Percentage Yield) is effective as of August 21, 2018 and is subject to change at any time. Minimum balance required is $10,000. CD owners must open a new or have an existing Progress Bank checking account to receive this promotional rate. $1,000 minimum opening balance on new checking accounts. 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 9 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 30 days of interest. For 15 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 12 month CD at the time of maturity. Limited time offer – ends October 31, 2018.