Progressive Credit Union is rapidly approaching its 100th anniversary. Since its chartering in 1918, Progressive has evolved into a business and commercial lending leader. Read more to learn about your Progressive Credit Union.
Who is Eligible to Join?
Progressive Credit Union is an open-charter credit union under the Supervision of the New York State Department of Financial Services. Natural persons, credit unions, businesses, organizations or clubs are eligible to join. In order to become a member, you need to recommended by another member.
Membership Makes You an Owner for Life!
When you join Progressive Credit Union, the first account you open is a Share Savings Account. Your share account establishes you as a member of the credit union. This account represents your “share” om the ownership of the Credit Union. All it takes is a minimum deposit of $10.00 to establish your account. Once established, you are considered a part owner of the credit union.
Your membership entitles you to full access to the many convenient and money-saving products and services that we offer. Your membership is a benefit available to you for a lifetime; even if you relocate, you can still use our products and services.
Your Money is Safe.
The safety of your money, and your financial information, is an important consideration when you evaluate financial institutions. At Progressive Credit Union, you can be assured that your money is secure. Each member’s deposit is insured for up to $250,000.00 by the National Credit Union Association (NCUA). More information regarding your insured funds can be found here. Further, Progressive Credit Union follows all industry standard best practices and recommendations for cybersecurity to include those recommended or mandated by NCUA, the New York State Department of Financial Services and the FFIEC.
People Helping People
We offer confidential, professional, courteous and personalized service. At Progressive Credit Union, “People Helping People” is not just a slogan, it is a belief held and practiced every day!