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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 63rd largest bank in the state of Tennessee. It is also the 2,171st largest bank in the nation. It was established in 1980 and as of September of 2017, it had grown to 108 employees at 7 locations. Progressive Savings Bank has a B health rating.

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Health

Health Grade Components

Overall
FDIC Certificate #32021
Year Established1980
Employees108
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.31%
Return on Equity - YTD14.84%
Annual Interest Income$9.1MM
Assets and Liabilities
AssetsQ3 2017vs Q3 2016$306.0MM$283.1MM
LoansQ3 2017vs Q3 2016$200.6MM$201.5MM
DepositsQ3 2017vs Q3 2016$275.6MM$255.0MM
Equity CapitalQ3 2017vs Q3 2016$28.0MM$25.8MM
Loan Loss AllowanceQ3 2017vs Q3 2016$2.2MM$1.5MM
Unbacked Noncurrent LoansQ3 2017vs Q3 2016$3.3MM$2.2MM
Real Estate OwnedQ3 2017vs Q3 2016$9.8MM$10.0MM
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