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Synergy Bank


Overview / Commentary
www.banksynergy.com
985-851-3341
210 Synergy Center Boulevard
Houma, LA 70360

Synergy Bank is headquartered in Houma and is the 21st largest bank in the state of Louisiana. It is also the 1,274th largest bank in the nation. It was established in 1999 and as of June of 2020, it had grown to 128 employees at 6 locations. Synergy Bank has an A+ health rating.

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Health
A+

Data as of Q2 2020

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Health Grade Components

Overall
FDIC Certificate #34978
Year Established1999
Employees128
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.21%
Return on Equity - YTD10.84%
Annual Interest Income$12.8MM
Assets and Liabilities
AssetsQ2 2020vs Q2 2019$665.8MM$540.0MM
LoansQ2 2020vs Q2 2019$416.3MM$348.7MM
DepositsQ2 2020vs Q2 2019$593.6MM$474.5MM
Equity CapitalQ2 2020vs Q2 2019$69.2MM$63.5MM
Loan Loss AllowanceQ2 2020vs Q2 2019$8.8MM$7.2MM
Unbacked Noncurrent LoansQ2 2020vs Q2 2019$2.5MM$3.7MM
Real Estate OwnedQ2 2020vs Q2 2019$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
1.01%*-$15kKasasa Saver
OTHER TIERS: 0.15% → $15k+

Synergy Bank Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.01%*-$15kKasasa Cash
OTHER TIERS: 0.15% → $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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