Whatever your savings goals, Progressive Ozark Bank offers a variety of options to get you there with ease.
At Progressive Ozark Bank, our customers benefit from savings accounts with low minimum balances and competitive interest rates.
At Progressive Ozark Bank, our Certificates of Deposit and Individual Retirement Accounts offer secure ways to grow your money.
A Healthcare Savings Account (HSA) is a great companion to a qualified high deductible health plan. Contributions are tax-deferred, and funds may be withdrawn at any time for qualified medical expenses without incurring a tax penalty.
Add convenience and sustainability to your banking routine with our Digital Statements. Once enrolled, paper statements will stop and you will receive an email when your Digital Statement is ready to be viewed. Up to 18 months of Digital Statements are available.
Kid’s Grow Savings is a tiered, interest-bearing savings account. The interest rate and corresponding annual percentage yield (APY) are tiered. If the daily balance in the account is $1000.00 or less, the interest rate paid on the entire balance will be 4.43% with an annual percentage yield of 4.50%. An interest rate of .01% will be paid only for that portion of your daily balance that is greater than $1000.00. The annual percentage yield for this tier will range from 4.50% to .01%, depending on the balance in the account. (APY calculations are based on a total deposit balance of $1,000.) Rate is effective as of August 31, 2023. $10.00 minimum opening deposit is required. There is no minimum balance required or monthly maintenance fee. Fees could reduce earnings. Rates are variable and are subject to change at the bank’s discretion. Rates are calculated on a daily balance method. The methods of account access vary by product type, and certain account access methods may not be available with all products. Limited to one Kid’s Grow Savings account per child social security number. At the age of sixteen (16), the account will be converted to a Future Progressive Savings account.