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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 2,208th largest bank in the nation. It was established in 1980 and as of March of 2019, it had grown to 114 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
Employees114
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.62%
Return on Equity - YTD6.19%
Annual Interest Income$3.1MM
Assets and Liabilities
AssetsQ1 2019vs Q1 2018$300.6MM$293.6MM
LoansQ1 2019vs Q1 2018$193.1MM$195.7MM
DepositsQ1 2019vs Q1 2018$268.0MM$263.2MM
Equity CapitalQ1 2019vs Q1 2018$30.6MM$27.8MM
Loan Loss AllowanceQ1 2019vs Q1 2018$2.6MM$2.3MM
Unbacked Noncurrent LoansQ1 2019vs Q1 2018$2.3MM$1.9MM
Real Estate OwnedQ1 2019vs Q1 2018$5.6MM$8.0MM
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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