ProGrowth Bank is headquartered in Nicollet and is the 108th largest bank in the state of Minnesota. It is also the 3,135th largest bank in the nation. It was established in 1903 and as of December of 2020, it had grown to 29 employees at 4 locations. ProGrowth Bank has an A health rating.
Overall | |
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FDIC Certificate # | 8536 |
Year Established | 1903 |
Employees | 29 |
Primary Regulator | FDIC |
Profit Margin | |
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Return on Assets - YTD | 0.75% |
Return on Equity - YTD | 8.98% |
Annual Interest Income | $5.5MM |
Assets and Liabilities | ||
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Assets | Q4 2020vs Q4 2019 | $188.4MM$148.7MM |
Loans | Q4 2020vs Q4 2019 | $90.1MM$77.8MM |
Deposits | Q4 2020vs Q4 2019 | $155.7MM$131.5MM |
Equity Capital | Q4 2020vs Q4 2019 | $13.9MM$12.3MM |
Loan Loss Allowance | Q4 2020vs Q4 2019 | $1.0MM$998.00K |
Unbacked Noncurrent Loans | Q4 2020vs Q4 2019 | $41.00K$55.00K |
Real Estate Owned | Q4 2020vs Q4 2019 | $0$0 |
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
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0.67% | $1k | - | 24 Month IRA | ||
0.61%* | $100k* | - | 36 Month IRA | ||
OTHER TIERS: 0.53% → $1k - $100k | |||||
0.41%* | $100k* | - | 12 Month IRA | ||
OTHER TIERS: 0.36% → $1k - $100k |
ProGrowth Bank Locations | ||
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Progrowth Bank Branch | 120 North Augusta Court Suite 111 | Mankato, MN 56001 |
Progrowth Bank Branch | 320 Main Street | Gaylord, MN 55334 |
Progrowth Bank | 703 3rd Street | Nicollet, MN 56074 |