Progressive Ozark Bank

Overview / Commentary
904 W Scenic Rivers Blvd
Salem, MO 65560

Progressive Ozark Bank is headquartered in Salem and is the 163rd largest bank in the state of Missouri. It is also the 3,613th largest bank in the nation. It was established in 1965 and as of June of 2020, it had grown to 49 employees at 4 locations. Progressive Ozark Bank has an A health rating.


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Health Grade Components

FDIC Certificate #31488
Year Established1965
Primary RegulatorFED
Profit Margin
Return on Assets - YTD1.7%
Return on Equity - YTD16.76%
Annual Interest Income$2.9MM
Assets and Liabilities
AssetsQ2 2020vs Q2 2019$136.9MM$113.2MM
LoansQ2 2020vs Q2 2019$101.9MM$90.9MM
DepositsQ2 2020vs Q2 2019$122.9MM$99.8MM
Equity CapitalQ2 2020vs Q2 2019$12.8MM$12.8MM
Loan Loss AllowanceQ2 2020vs Q2 2019$862.00K$787.00K
Unbacked Noncurrent LoansQ2 2020vs Q2 2019$102.00K$308.00K
Real Estate OwnedQ2 2020vs Q2 2019$91.00K$70.00K
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Progressive Ozark Bank Savings Account Rates

0.07%$1k-Progressive Savings
0.07%$1k-Future Progressive Savings
OTHER TIERS: 0.02% $50 - $1k | 0.05% $1k - $5k

Progressive Ozark Bank Money Market Rates

0.31%*$100k*-Money Market Account
OTHER TIERS: 0.14% $5k - $25k | 0.21% $25k - $50k | 0.26% $50k - $100k

Progressive Ozark Bank Checking Account Rates

1.00%*-$10kGO Checking - Qualifying
OTHER TIERS: 0.05% $10k+
0.09%$1k-Aspire Business Checking
0.07%*$2.5k*-Charter Checking
OTHER TIERS: 0.01% $50 - $2.5k

Progressive Ozark Bank Locations
Houston Branch1460 South Sam Houston BoulevardHouston, MO 65483
Mountain Grove Branch1610 North MainMountain Grove, MO 65711
Hartville Branch368 South MainHartville, MO 65667
Progressive Ozark Bank904 W Scenic Rivers BlvdSalem, MO 65560
Licking Branch109 West Highway 32Licking, MO 65542

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