Progressive Bank

Overview / Commentary
1411 North 19th Street
Monroe, LA 71201

Progressive Bank is headquartered in Monroe and is the 23rd largest bank in the state of Louisiana. It is also the 1,300th largest bank in the nation. It was established in 1975 and as of June of 2019, it had grown to 123 employees at 7 locations. Progressive Bank has an A health rating.

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Progressive Bank (LA) Rewards Interest Checking Earns 4.05% APY - 5/23/2019

Progressive Bank's (LA) Rewards Interest Checking earns 4.05% APY on qualifying balances up to $25k. $50 minimum deposit, with a limit of one account per depositor.


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Health Grade Components

FDIC Certificate #22139
Year Established1975
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.79%
Return on Equity - YTD7.29%
Annual Interest Income$12.7MM
Assets and Liabilities
AssetsQ2 2019vs Q2 2018$564.2MM$568.3MM
LoansQ2 2019vs Q2 2018$436.5MM$431.9MM
DepositsQ2 2019vs Q2 2018$482.3MM$480.6MM
Equity CapitalQ2 2019vs Q2 2018$62.2MM$60.3MM
Loan Loss AllowanceQ2 2019vs Q2 2018$5.0MM$5.0MM
Unbacked Noncurrent LoansQ2 2019vs Q2 2018$130.00K$709.00K
Real Estate OwnedQ2 2019vs Q2 2018$145.00K$179.00K
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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 Checking Account Rates

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

Progressive Bank CD Rates

2.10%$1k$5m11 Month CD Special (New Money Only)
2.00%$1k$5m15 Month CD Special - New Money

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
Youree Drive Financial Center4523 Youree DriveShreveport, LA 71105

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