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Synergy Bank


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

Synergy Bank is headquartered in Houma and is the 18th largest bank in the state of Louisiana. It is also the 1,096th largest bank in the nation. It was established in 1999 and as of March of 2022, it had grown to 121 employees at 6 locations. Synergy Bank has an A health rating.

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Health
A

Data as of Q1 2022

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Health Grade Components

Overall
FDIC Certificate #34978
Year Established1999
Employees121
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD2.07%
Return on Equity - YTD23.11%
Annual Interest Income$5.8MM
Assets and Liabilities
AssetsQ1 2022vs Q1 2021$878.9MM$732.6MM
LoansQ1 2022vs Q1 2021$362.5MM$411.3MM
DepositsQ1 2022vs Q1 2021$797.1MM$657.3MM
Equity CapitalQ1 2022vs Q1 2021$78.5MM$72.3MM
Loan Loss AllowanceQ1 2022vs Q1 2021$7.6MM$9.4MM
Unbacked Noncurrent LoansQ1 2022vs Q1 2021$2.2MM$1.5MM
Real Estate OwnedQ1 2022vs Q1 2021$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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