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Overview / Commentary
931-752-2265
500 N. Main Street
Jamestown, TN 38556

Progressive Savings Bank is headquartered in Jamestown and is the 65th largest bank in the state of Tennessee. It is also the 2,187th largest bank in the nation. It was established in 1980 and as of June of 2017, it had grown to 109 employees at 7 locations. Progressive Savings Bank has a C+ health rating.

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Health
C+

Health Grade Components

Overall
FDIC Certificate #32021
Year Established1980
Employees109
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.66%
Return on Equity - YTD7.48%
Annual Interest Income$6.0MM
Assets and Liabilities
AssetsQ2 2017vs Q2 2016$303.5MM$279.5MM
LoansQ2 2017vs Q2 2016$209.3MM$193.1MM
DepositsQ2 2017vs Q2 2016$275.0MM$252.1MM
Equity CapitalQ2 2017vs Q2 2016$26.6MM$25.4MM
Loan Loss AllowanceQ2 2017vs Q2 2016$2.0MM$1.5MM
Unbacked Noncurrent LoansQ2 2017vs Q2 2016$3.8MM$906.00K
Real Estate OwnedQ2 2017vs Q2 2016$8.9MM$8.3MM
Rates
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Progressive Savings Bank Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.75%*-$15kKasasa Cash
OTHER TIERS: 0.05% $15k+
Locations


Progressive Savings Bank Locations
Cookeville Branch1080 Interstate DrCookeville, TN 38501
S Main St Branch1760 S Main StCrossville, TN 38555
Fairfield Glade Branch4929 Peavine RoadCrossville, TN 38571
Progressive Savings Bank500 North Main StreetJamestown, TN 38556
Wartburg Branch705 Main StWartburg, TN 37887
North Main Branch807 North MainCrossville, TN 38555