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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 64th largest bank in the state of Tennessee. It is also the 2,230th largest bank in the nation. It was established in 1980 and as of December of 2016, it had grown to 107 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
Employees107
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.73%
Return on Equity - YTD7.98%
Annual Interest Income$11.3MM
Assets and Liabilities
AssetsQ4 2016vs Q4 2015$295.3MM$257.9MM
LoansQ4 2016vs Q4 2015$212.1MM$180.9MM
DepositsQ4 2016vs Q4 2015$266.5MM$231.0MM
Equity CapitalQ4 2016vs Q4 2015$26.3MM$24.2MM
Loan Loss AllowanceQ4 2016vs Q4 2015$1.5MM$1.4MM
Unbacked Noncurrent LoansQ4 2016vs Q4 2015$2.9MM$1.2MM
Real Estate OwnedQ4 2016vs Q4 2015$9.8MM$9.0MM
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