Overview / Commentary
318-398-9772
1411 North 19th Street
Monroe, LA 71201

Progressive Bank is headquartered in Monroe and is the 22nd largest bank in the state of Louisiana. It is also the 1,286th largest bank in the nation. It was established in 1975 and as of December of 2018, it had grown to 128 employees at 7 locations. Progressive Bank's money market rates are 4X the national average, and it boasts an A+ health rating.

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Health
A+

Health Grade Components

Overall
FDIC Certificate #22139
Year Established1975
Employees128
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.8%
Return on Equity - YTD7.49%
Annual Interest Income$24.0MM
Assets and Liabilities
AssetsQ4 2018vs Q4 2017$563.3MM$524.9MM
LoansQ4 2018vs Q4 2017$444.3MM$429.9MM
DepositsQ4 2018vs Q4 2017$472.1MM$436.2MM
Equity CapitalQ4 2018vs Q4 2017$60.8MM$59.8MM
Loan Loss AllowanceQ4 2018vs Q4 2017$4.9MM$4.9MM
Unbacked Noncurrent LoansQ4 2018vs Q4 2017$520.00K$494.00K
Real Estate OwnedQ4 2018vs Q4 2017$162.00K$202.00K
Rates
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Progressive Bank Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.75%$25k-PRO 17 Personal Money Market Special

Progressive Bank Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
4.05%*-$25kRewards Interest Checking
OTHER TIERS: 0.50% $25k+

Progressive Bank CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.50%$1k$5m15 Month CD Special - New Money
2.00%$1k$5m11 Month CD Special (New Money Only)
Locations


Progressive Bank Locations
Lamy Lane Financial Center Branch1380 Lamy LaneMonroe, LA 71201
Progressive Bank1411 North 19th StreetMonroe, LA 71201
Airline Financial Center2600 Beene BlvdBossier City, LA 71111
Winnsboro Branch301 Fair AvenueWinnsboro, LA 71295
West Monroe Financial Center Branch3421 Cypress StreetWest Monroe, LA 71291
Trenton Branch701 Trenton StreetWest Monroe, LA 71291
Fern Avenue Financial Center8550 Fern AvenueShreveport, LA 71105

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