Synergy Bank

Overview / Commentary
210 Synergy Center Boulevard
Houma, LA 70360

Synergy Bank is headquartered in HOUMA and is the 12th largest bank in the state of Louisiana. It is also the 880th largest bank in the nation. It was established in 1999 and as of March of 2024, it had grown to 171 employees at 10 locations. Synergy Bank has an A health rating.


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Health Grade Components

FDIC Certificate #34978
Year Established1999
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.69%
Return on Equity - YTD12.96%
Annual Interest Income$15.6MM
Assets and Liabilities
AssetsQ1 2024vs Q1 2023$1.18B$840.6MM
LoansQ1 2024vs Q1 2023$702.4MM$445MM
DepositsQ1 2024vs Q1 2023$1.01B$749.5MM
Equity CapitalQ1 2024vs Q1 2023$155.7MM$86.9MM
Loan Loss AllowanceQ1 2024vs Q1 2023$11.2MM$5.6MM
Unbacked Noncurrent LoansQ1 2024vs Q1 2023$13.7MM$1.3MM
Real Estate OwnedQ1 2024vs Q1 2023$490K$0
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Synergy Bank Savings Account Rates

1.50%*$0$15kSynergy Saves
OTHER TIERS: 1.00% $15k+

Synergy Bank Checking Account Rates

2.25%*$0$15kSynergy Pays
OTHER TIERS: 0.75% $15k+

Synergy Bank Locations
Tunnel Office Branch1036 West Tunnel BoulevardHouma, LA 70360
Thibodaux Office209 East Bayou RoadThibodaux, LA 70301
Synergy Bank210 Synergy Center BlvdHouma, LA 70360
Gray Office Branch3855 West Park AvenueGray, LA 70359
East Houma Office919 Grand Caillou RoadHouma, LA 70363
South Acadia Office1070 South Acadia RoadThibodaux, LA 70301

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