ProGrowth Bank

Overview / Commentary

www.progrowth.com

507-232-3488

703 3rd Street
Nicollet, MN 56074-077

ProGrowth Bank is headquartered in Nicollet and is the 97^th largest bank in the state of Minnesota. It is also the 2,896^th largest bank in the nation. It was established in 1903 and as of June of 2021, it had grown to 28 employees at 4 locations. ProGrowth Bank has an A+ health rating.

Reviews

Write a Review

No reviews have been left for this bank yet. Be the first to review.

Health

A+

Data as of Q2 2021

Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #	8536
Year Established	1903
Employees	28
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	1.02%
Return on Equity - YTD	10.2%
Annual Interest Income	$3.4MM

Assets and Liabilities
Assets	Q2 2021vs Q2 2020	$231.6MM$153.0MM
Loans	Q2 2021vs Q2 2020	$83.2MM$97.8MM
Deposits	Q2 2021vs Q2 2020	$198.3MM$118.6MM
Equity Capital	Q2 2021vs Q2 2020	$24.9MM$12.7MM
Loan Loss Allowance	Q2 2021vs Q2 2020	$1.0MM$1.0MM
Unbacked Noncurrent Loans	Q2 2021vs Q2 2020	$37.00K$47.00K
Real Estate Owned	Q2 2021vs Q2 2020	$0$0

Rates

Skip to rates for:

Savings
Money Market
Checking
CD
IRA

Report an Issue

Always verify rates and promotions with the bank or credit union. We are not ProGrowth Bank; we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

ProGrowth Bank Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.38%^*	$100k^*	-	Business Investor Account
OTHER TIERS: 0.04% → Up to $2.5k \| 0.13% → $2.5k - $10k \| 0.24% → $10k - $100k
0.34%^*	$100k^*	-	Health Savings Account
OTHER TIERS: 0.04% → Up to $2.5k \| 0.14% → $2.5k - $10k \| 0.16% → $10k - $100k
0.32%	$100	-	IRA Savings
0.06%	$1	-	Panda Pals
0.06%	$50	-	Lifeline Savings
0.06%	$50	-	Business Statement Savings
0.04%	$50	-	Classic Savings

ProGrowth Bank Money Market Rates

APY	MIN	MAX	ACCOUNT NAME
0.45%^*	$100k^*	-	Platinum Money Market Savings Account
OTHER TIERS: 0.04% → Up to $2.5k \| 0.13% → $2.5k - $10k \| 0.24% → $10k - $100k
0.38%^*	$100k^*	-	Business Money Market Savings Account
OTHER TIERS: 0.04% → Up to $2.5k \| 0.10% → $2.5k - $10k \| 0.19% → $10k - $100k
0.36%^*	$100k^*	-	Gold Money Market Savings Account
OTHER TIERS: 0.04% → Up to $2.5k \| 0.10% → $2.5k - $10k \| 0.21% → $10k - $100k

ProGrowth Bank Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.26%^*	-	$10k	Gold Rewards Checking
OTHER TIERS: 0.04% → $250k+ \| 0.14% → $100k - $250k \| 0.16% → $50k - $100k \| 0.21% → $10k - $50k
0.26%^*	-	$10k	Platinum Rewards Checking
OTHER TIERS: 0.04% → $250k+ \| 0.14% → $100k - $250k \| 0.16% → $50k - $100k \| 0.21% → $10k - $50k
0.21%^*	$10k^*	-	Silver Rewards Checking
OTHER TIERS: 0.04% → Up to $2.5k \| 0.14% → $2.5k - $10k
0.05%	$1k	-	Bronze Rewards Checking
0.05%	$500	-	Gotta Grow It Business Checking

ProGrowth Bank CD Rates

APY	MIN	MAX	ACCOUNT NAME
1.03%^*	$90k^*	-	60 Month CD
OTHER TIERS: 0.86% → $1k - $10k \| 0.90% → $10k - $25k \| 0.95% → $25k - $90k
0.72%^*	$90k^*	-	48 Month CD
OTHER TIERS: 0.59% → $1k - $10k \| 0.64% → $10k - $25k \| 0.66% → $25k - $90k
0.70%^*	$90k^*	-	42 Month CD
OTHER TIERS: 0.51% → $1k - $10k \| 0.60% → $10k - $25k \| 0.65% → $25k - $90k
0.61%^*	$90k^*	-	36 Month CD
OTHER TIERS: 0.41% → $1k - $10k \| 0.51% → $10k - $25k \| 0.56% → $25k - $50k \| 0.59% → $50k - $90k
0.56%^*	$90k^*	-	30 Month CD
OTHER TIERS: 0.32% → $1k - $10k \| 0.46% → $10k - $25k \| 0.51% → $25k - $90k
0.54%^*	$90k^*	-	24 Month CD
OTHER TIERS: 0.28% → $1k - $10k \| 0.44% → $10k - $25k \| 0.49% → $25k - $90k
0.43%^*	$90k^*	-	18 Month CD
OTHER TIERS: 0.19% → $1k - $10k \| 0.33% → $10k - $25k \| 0.38% → $25k - $90k
0.35%^*	$90k^*	-	12 Month CD
OTHER TIERS: 0.11% → $1k - $10k \| 0.25% → $10k - $25k \| 0.30% → $25k - $90k
0.25%^*	$25k^*	-	182 Day CD
OTHER TIERS: 0.07% → $1k - $10k \| 0.20% → $10k - $25k

ProGrowth Bank IRA Rates

APY	MIN	MAX	ACCOUNT NAME
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

Locations

ProGrowth Bank Locations
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

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.