Progressive Bank


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

Progressive Bank is headquartered in Monroe and is the 21st largest bank in the state of Louisiana. It is also the 1,273rd largest bank in the nation. It was established in 1975 and as of December of 2019, it had grown to 129 employees at 9 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
A+

Health Grade Components

Overall
FDIC Certificate #22139
Year Established1975
Employees129
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.65%
Return on Equity - YTD6.1%
Annual Interest Income$25.4MM
Assets and Liabilities
AssetsQ4 2019vs Q4 2018$585.3MM$563.4MM
LoansQ4 2019vs Q4 2018$442.2MM$444.3MM
DepositsQ4 2019vs Q4 2018$498.8MM$472.1MM
Equity CapitalQ4 2019vs Q4 2018$60.8MM$61.0MM
Loan Loss AllowanceQ4 2019vs Q4 2018$5.1MM$4.9MM
Unbacked Noncurrent LoansQ4 2019vs Q4 2018$793.00K$520.00K
Real Estate OwnedQ4 2019vs Q4 2018$129.00K$162.00K
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 Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
3.75%*-$25kRewards Interest Checking
OTHER TIERS: 0.50% $25k+

Progressive Bank CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.10%$1k$5m11 Month CD Special (New Money Only)
1.50%$1k$5m15 Month CD Special - New Money
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
Youree Drive Financial Center4523 Youree DriveShreveport, LA 71105
Ellerbe Road Financial Center9405 Ellerbe RoadShreveport, LA 71106

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