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Progressive
Building Society
Investment
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This
is an instant access savings account from
Northern Ireland's Progressive
Building
Society. A
minimum opening
deposit of £100 is required. The balance
should
not fall below this amount once opened
but if it does then you will receive
the
lowest rate of interest offered by this
society.
The
account comes with a passbook and is
managed through their branch and
agency
network. It can also be operated by
post.
You
can take out up to £250 per day by cash
from a branch (or agency) or
larger amounts by
cheque.
The maximum
investment is £1M. Interest accrued
is paid
annually.
You
can apply for the account in a branch
or agency or by post.
Other
types of savings account they issue
include business, bond, ISA, regular,
and
fixed rate varieties.
The
Progressive Building Society was formed
in 1914 from 5 other very small
societies.
It is now in the top 20 building societies
in the UK.
Apart
from a selection of savings accounts,
this organisation also offers mortgages
and
insurance. They are also involved in
the community.
They
currently have a network of 11 branches
and numerous agencies.
Return
to UK bank account,
prepaid credit cards or
business bank account
page.
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