There are many benefits to being a Progressions Credit Union member, such as receiving competitive rates on loans and investments and paying little-to-no-fees for many of our products and services. We also offer many convenient services such as Online Banking, Bill Payer, Shared Branching, access to surcharge-free Co-Op ATMs and more!
To qualify you must either:
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- Live, Work, Worship or attend school in the state of Washington;
- Have a family member who is eligible for membership; or
- Work or be retired from the United States Postal Service (currently Eastern Washington and all of Idaho).
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Qualifying individuals simply need to pay the one-time $20 fee (18 and over), submit an application for membership, and open an account (loan or deposit).
Check out our Deposit Rates
Click HERE for our full website or click HERE to join now.
The Difference in a Credit Union vs. a Bank:
Credit unions may offer similar financial services that you’ll find at a bank—but that’s where the similarities stop. Here are a few significant differences that make having a credit union account the better option:
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Credit Unions |
Banks |
What does this mean? |
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Not-for-Profit |
For-Profit |
Credit unions return earnings to members in the form of higher rates on savings, low-to-no fees and lower loan rates—banks exist to earn a profit for stockholders or bank holding companies. |
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Owned by Members |
Owned by Stockholders |
Credit unions are not-for-profit and owned by the very people we serve, members just like you. We exist solely to serve our members, not to enrich a group of stockholders. |
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Financial Cooperative |
Corporate Business |
Most credit unions work together in a cooperative network that gives members free access to over 28,000 ATMs, along with access to branch locations nationwide. Whereas, banks mainly operate independently and customers must use their branches and ATMs or pay. |
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Democratically-Elected Volunteer Board of Directors |
Paid Board of Directors |
Credit unions are run by a volunteer board of directors, who are elected by members. Every member has an equal vote in director elections. Credit unions are democracy in action. |
