Synergy Bank


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

Synergy Bank is headquartered in HOUMA and is the 14th largest bank in the state of Louisiana. It is also the 891st largest bank in the nation. It was established in 1999 and as of September of 2024, it had grown to 179 employees at 10 locations. Synergy Bank has a B+ health rating.

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Health
B+

Health Grade Components

Overall
FDIC Certificate #34978
Year Established1999
Employees179
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.56%
Return on Equity - YTD11.67%
Annual Interest Income$48.6MM
Assets and Liabilities
AssetsQ3 2024vs Q3 2023$1.2B$1.2B
LoansQ3 2024vs Q3 2023$708.1MM$710.3MM
DepositsQ3 2024vs Q3 2023$1.02B$1.04B
Equity CapitalQ3 2024vs Q3 2023$166.6MM$149.3MM
Loan Loss AllowanceQ3 2024vs Q3 2023$12.9MM$10.6MM
Unbacked Noncurrent LoansQ3 2024vs Q3 2023$16.7MM$15.3MM
Real Estate OwnedQ3 2024vs Q3 2023$671K$149K
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
1.50%*$0$15kSynergy Saves
OTHER TIERS: 1.00% $15k+

Synergy Bank Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.25%*$0$15kSynergy Pays
OTHER TIERS: 0.75% $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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