Progressive Savings Account
With tiered interest rates, a Progressive Savings account helps maximize your potential earnings. Whether you're saving for a major milestone or just looking to grow your funds, this account makes every dollar count.
Contact your local branch to get started.
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Watch Your Balance Work for You
Take your savings to the next level with a CNB Progressive Savings account. The more you save, the more you earn, making it a smart way to reach your financial goals. Enjoy a simple and rewarding way to build your balance over time.
Account Requirements
- Minimum opening deposit $10,000.00
- $10,000 minimum balance requirement to avoid monthly service charge of $10.00
- Interest compounded monthly
- Interest tiers
- $0.01 to $24,999.99
- $25,000.00 to $49,999.99
- $50,000.00 to $74,999.99
- $75,000.00 to $99,999.99
- $100,000.00 to $249,999.99
- $250,000.00 and above
- Monthly or quarterly paper statements
- FREE Digital Banking and eStatements
To open a new savings account, please visit your nearest CNB branch and one of our Universal Bankers would be happy to assist.
PROGRESSIVE SAVINGS
| Avg Daily Balance required to obtain advertised APY |
Interest Rate |
Annual Percentage Yield (APY) |
Minimum Opening Deposit |
| 0.01 - 24,999.99 |
0.45% |
0.45% |
$10,000.00 |
| 25,000.00 - 49,999.99 |
0.45% |
0.45% |
$10,000.00 |
| 50,000.00 - 74,999.99 |
0.65% |
0.65% |
$10,000.00 |
| 75,000.00 - 99,999.99 |
0.65% |
0.65% |
$10,000.00 |
| 100,000.00 - 249,999.99 |
2.00% |
2.02% |
$10,000.00 |
| 250,000.00 and above |
2.05% |
2.07% |
$10,000.00 |
The account listed above is a variable rate account and the advertised rates, APYs, and Balance Tiers may change after the account is opened. Fees could reduce the earnings on an account. Please refer to the Truth in Savings Disclosures for each account, which are available upon request, for additional account details. The interest rates and APYs are accurate as of October 9, 2024 for the Region 1 branches of CNB Bank & Trust, N.A. only. Region 1 includes: Carlinville, Hillsboro, Litchfield, Taylorville, and Virden. Member of the Federal Deposit Insurance Corporation and the Community
PROGRESSIVE SAVINGS
| Avg Daily Balance required to obtain advertised APY |
Interest Rate |
Annual Percentage Yield (APY) |
Minimum Opening Deposit |
| 0.01 - 24,999.99 |
0.45% |
0.45% |
$10,000.00 |
| 25,000.00 - 49,999.99 |
0.45% |
0.45% |
$10,000.00 |
| 50,000.00 - 74,999.99 |
0.65% |
0.65% |
$10,000.00 |
| 75,000.00 - 99,999.99 |
0.65% |
0.65% |
$10,000.00 |
| 100,000.00 - 249,999.99 |
2.00% |
2.02% |
$10,000.00 |
| 250,000.00 and above |
2.05% |
2.07% |
$10,000.00 |
The account listed above is a variable rate account and the advertised rates, APYs, and Balance Tiers may change after the account is opened. Fees could reduce the earnings on an account. Please refer to the Truth in Savings Disclosures for each account, which are available upon request, for additional account details. The interest rates and APYs are accurate as of October 9, 2024 for the Region 2 branches of CNB Bank & Trust, N.A. only. Region 2 includes: Brighton, Carrollton, Chapin, Jacksonville, Jerseyville, and Pittsfield. Member of the Federal Deposit Insurance Corporation and the Community
PROGRESSIVE SAVINGS
| Avg Daily Balance required to obtain advertised APY |
Interest Rate |
Annual Percentage Yield (APY) |
Minimum Opening Deposit |
| 0.01 - 24,999.99 |
0.45% |
0.45% |
$10,000.00 |
| 25,000.00 - 49,999.99 |
0.45% |
0.45% |
$10,000.00 |
| 50,000.00 - 74,999.99 |
0.65% |
0.65% |
$10,000.00 |
| 75,000.00 - 99,999.99 |
0.65% |
0.65% |
$10,000.00 |
| 100,000.00 - 249,999.99 |
2.10% |
2.12% |
$10,000.00 |
| 250,000.00 and above |
2.15% |
2.17% |
$10,000.00 |
The account listed above is a variable rate account and the advertised rates, APYs, and Balance Tiers may change after the account is opened. Fees could reduce the earnings on an account. Please refer to the Truth in Savings Disclosures for each account, which are available upon request, for additional account details. The interest rates and APYs are accurate as of October 9, 2024 for the Region 3 branches of CNB Bank & Trust, N.A. only. Region 3 includes: Oak Forest, Palos Heights, and Tinley Park. Member of the Federal Deposit Insurance Corporation and the Community
PROGRESSIVE SAVINGS
| Avg Daily Balance required to obtain advertised APY |
Interest Rate |
Annual Percentage Yield (APY) |
Minimum Opening Deposit |
| 0.01 - 24,999.99 |
0.45% |
0.45% |
$10,000.00 |
| 25,000.00 - 49,999.99 |
0.45% |
0.45% |
$10,000.00 |
| 50,000.00 - 74,999.99 |
0.65% |
0.65% |
$10,000.00 |
| 75,000.00 - 99,999.99 |
0.65% |
0.65% |
$10,000.00 |
| 100,000.00 - 249,999.99 |
2.00% |
2.02% |
$10,000.00 |
| 250,000.00 and above |
2.05% |
2.07% |
$10,000.00 |
The account listed above is a variable rate account and the advertised rates, APYs, and Balance Tiers may change after the account is opened. Fees could reduce the earnings on an account. Please refer to the Truth in Savings Disclosures for each account, which are available upon request, for additional account details. The interest rates and APYs are accurate as of October 9, 2024 for the Region 4 branches of CNB Bank & Trust, N.A. only. Region 4 includes: Alton, Clayton, and Edwardsville/Glen Carbon. Member of the Federal Deposit Insurance Corporation and the Community
Savings Calculator
Whether it's a down payment, college, a dream vacation...a savings plan can help you reach your goal. Use the sliders to experiment based on length of time and amount per month.
Ready to open an account?
Contact your local branch today to get started!
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Featured Products & Offerings
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Digital Banking
You can manage your financial activities wherever you are, 24 hours a day, from any device with an Internet connection. CNB's Digital Banking is an easy and secure method of accessing all of your banking information.
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Personal Banking Savings Services
What types of personal savings accounts does CNB Bank & Trust offer?
CNB Bank & Trust offers a variety of savings accounts to meet your financial goals. This includes traditional savings accounts, high-yield savings accounts, and certificates of deposit (CDs), among others. Each account type has unique features and benefits tailored to different saving needs. Information can be found on our website under Personal Savings or by contacting a Universal Banker at your local CNB Bank & Trust, N.A. branch.
What is the minimum deposit requirement to open a personal savings account?
The minimum deposit requirement varies depending on the type of savings account you choose. For specific minimums, please refer to the savings account options on our website or contact us directly for more information.
Are there any fees associated with personal savings accounts?
Some savings accounts may have associated fees, including monthly maintenance fees or fees for exceeding certain transaction limits. We strive to keep our fees transparent and minimal. Detailed fee information for each account can be found on our website under Personal Savings or by contacting a Universal Banker at your local CNB Bank & Trust, N.A. branch.
Can I access my personal savings account online?
Yes, all our savings accounts come with online and mobile banking access, allowing you to view balances, and depending on the type of savings account, make transactions securely from anywhere, at any time.
How many withdrawals can I make from my personal savings account each month?
Depending on the type of savings account involved, withdrawals and transfers are limited to four per month; if over four, an excess withdrawal fee applies. Please review your account’s terms and conditions for detailed information.
Can I set up direct deposits into my personal savings account?
Yes, you can easily set up direct deposits into your savings account. This is a convenient way to automatically save for the future. Our Universal Banker team can assist you with the setup process.