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 1,257th largest bank in the nation. It was established in 1999 and as of June of 2021, it had grown to 129 employees at 6 locations. Synergy Bank has an A+ health rating.

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Health
A+

Health Grade Components

Overall
FDIC Certificate #34978
Year Established1999
Employees129
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.4%
Return on Equity - YTD13.85%
Annual Interest Income$13.0MM
Assets and Liabilities
AssetsQ2 2021vs Q2 2020$744.6MM$665.8MM
LoansQ2 2021vs Q2 2020$395.2MM$416.3MM
DepositsQ2 2021vs Q2 2020$667.2MM$593.6MM
Equity CapitalQ2 2021vs Q2 2020$74.7MM$69.2MM
Loan Loss AllowanceQ2 2021vs Q2 2020$9.3MM$8.8MM
Unbacked Noncurrent LoansQ2 2021vs Q2 2020$2.1MM$2.5MM
Real Estate OwnedQ2 2021vs Q2 2020$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
0.61%*-$15kSynergy Saves
OTHER TIERS: 0.10% $15k+

Synergy Bank Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.21%*-$15kSynergy Pays
OTHER TIERS: 0.10% $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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