Progressive Savings Bank


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

Progressive Savings Bank is headquartered in Jamestown and is the 62nd largest bank in the state of Tennessee. It is also the 2,220th largest bank in the nation. It was established in 1980 and as of June of 2019, it had grown to 118 employees at 7 locations. Progressive Savings Bank has a B+ health rating.

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Health
B+

Health Grade Components

Overall
FDIC Certificate #32021
Year Established1980
Employees118
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.63%
Return on Equity - YTD6.19%
Annual Interest Income$6.4MM
Assets and Liabilities
AssetsQ2 2019vs Q2 2018$296.8MM$290.4MM
LoansQ2 2019vs Q2 2018$197.7MM$193.6MM
DepositsQ2 2019vs Q2 2018$264.3MM$260.3MM
Equity CapitalQ2 2019vs Q2 2018$30.2MM$28.2MM
Loan Loss AllowanceQ2 2019vs Q2 2018$2.6MM$2.4MM
Unbacked Noncurrent LoansQ2 2019vs Q2 2018$3.4MM$2.1MM
Real Estate OwnedQ2 2019vs Q2 2018$5.1MM$7.3MM
Rates
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Progressive Savings Bank Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.75%-$15kKasasa Cash
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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