Progressive Savings Bank

Details Progressive Savings Bank Progressive Savings Bank

www.psbgroup.com

Tennessee

Fentress

Jamestown

(NM) Commercial bank, state charter and Fed nonmember

active

32021

1980

FDIC Certificate Number: 32021
FDIC's unique number: 44855
The FDIC Field Office where an institution is physically located: Knoxville

Federal Reserve ID Number: 535874
Report Date: 2011-06-30

Bank Charter Class: NM

Number of Domestic Offices: 6
Number of Foreign Offices: 0
The date of the last data update: 2010-11-23

1980-06-06 Institution established. Original name: Progressive Savings And Loan Association.
1985-12-31 Changed name to Progressive Savings Bank .
1989-04-30 Changed name to Progressive Savings Bank, Fsb .
1989-04-30 Changed organization type to Stock Savings Bank.
2010-11-04 Changed name to Progressive Savings Bank .
2010-11-04 Changed primary regulatory agency from Office Of Thrift Supervision to Federal Deposit Insurance Corporation.
2010-11-04 Changed organization type to Commercial Bank.
2010-11-04 Changed institution class to Insured Commercial Banks, State, Not Members Of The Frs.

Total assets: $252,144,000
Total deposits: $228,976,000
Deposits held in domestic offices: $228,976,000
Equity capital: $21,686,000

Net income: $600,000

Return on Assets: 0.48
Return on Equity: 5.52
Last updated on: 2011-10-20

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Profile ID: LFUS-BAB-P-24067