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 2,236th largest bank in the nation. It was established in 1980 and as of June of 2018, it had grown to 110 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
Employees110
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.73%
Return on Equity - YTD7.75%
Annual Interest Income$6.1MM
Assets and Liabilities
AssetsQ2 2018vs Q2 2017$290.4MM$303.5MM
LoansQ2 2018vs Q2 2017$193.6MM$209.3MM
DepositsQ2 2018vs Q2 2017$260.3MM$275.0MM
Equity CapitalQ2 2018vs Q2 2017$28.2MM$26.6MM
Loan Loss AllowanceQ2 2018vs Q2 2017$2.4MM$2.0MM
Unbacked Noncurrent LoansQ2 2018vs Q2 2017$2.1MM$3.8MM
Real Estate OwnedQ2 2018vs Q2 2017$7.3MM$8.9MM
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 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

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