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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 66th largest bank in the state of Tennessee. It is also the 2,189th largest bank in the nation. It was established in 1980 and as of March of 2017, 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 - YTD0.75%
Return on Equity - YTD8.43%
Annual Interest Income$3.0MM
Assets and Liabilities
AssetsQ1 2017vs Q1 2016$304.8MM$271.7MM
LoansQ1 2017vs Q1 2016$213.1MM$189.4MM
DepositsQ1 2017vs Q1 2016$276.1MM$245.2MM
Equity CapitalQ1 2017vs Q1 2016$26.9MM$24.6MM
Loan Loss AllowanceQ1 2017vs Q1 2016$1.5MM$1.4MM
Unbacked Noncurrent LoansQ1 2017vs Q1 2016$1.5MM$486.00K
Real Estate OwnedQ1 2017vs Q1 2016$9.7MM$8.9MM
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