Synergy Bank


Overview / Commentary
985-851-3341
210 Synergy Center Boulevard
Houma, LA 70360

Synergy Bank is headquartered in HOUMA and is the 20th largest bank in the state of Louisiana. It is also the 1,147th largest bank in the nation. It was established in 1999 and as of March of 2023, it had grown to 125 employees at 6 locations. Synergy Bank has a B+ health rating.

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Health
B+

Health Grade Components

Overall
FDIC Certificate #34978
Year Established1999
Employees125
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.52%
Return on Equity - YTD14.99%
Annual Interest Income$8.3MM
Assets and Liabilities
AssetsQ1 2023vs Q1 2022$840.6MM$878.9MM
LoansQ1 2023vs Q1 2022$445.0MM$362.5MM
DepositsQ1 2023vs Q1 2022$749.5MM$797.1MM
Equity CapitalQ1 2023vs Q1 2022$86.9MM$78.5MM
Loan Loss AllowanceQ1 2023vs Q1 2022$5.6MM$7.6MM
Unbacked Noncurrent LoansQ1 2023vs Q1 2022$1.3MM$2.2MM
Real Estate OwnedQ1 2023vs Q1 2022$0$0
Rates
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Synergy Bank Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.00%*-$15kSynergy Saves
OTHER TIERS: 0.50% $15k+

Synergy Bank Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.25%*-$15kSynergy Pays
OTHER TIERS: 0.50% $15k+
Locations


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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