Progressive Savings Bank

Progressive Savings Bank Overview

Progressive Savings Bank, founded in June 6, 1980, is currently an inactive FDIC insured bank. The chartering agency for Progressive Savings Bank is currently with the State. This FDIC insured bank is not being operated by government conservatorship. Progressive Savings Bank has an FDIC insurance membership with the DIF – Deposit Insurance Fund and is regulated by the Federal Deposit Insurance Corporation (FDIC).

Progressive Savings Bank is assigned uner the Dallas Federal Deposit Insurance Corporation (FDIC) supervisory office and had obtained their federal deposit insurance on June 06, 1980.

Address Location and Maps for Progressive Savings Bank

Bank Name Progressive Savings Bank FDIC Bank Location for Progressive Savings Bank
Address 500 North Main Street
Jamestown, TN 38556
County: Fentress
Bank’s State: Tennessee
Website: http://www.psbgroup.com:80/

 

Progressive Savings Bank Detailed Information

FDIC Certificate ID 32021
Bank Institution Name Progressive Savings Bank
Is the Bank Active? Inactive
Office of Thrift Supervision Docket ID 7750
Total Assets $253,811,000
Total Deposits $230,526,000
Regulator Federal Deposit Insurance Corporation (FDIC)
Bank Charter Class NM – Commercial Bank. Bank is supervised by the Federal Deposit Insurance Corporation (FDIC). State charter and Fed non-member
FDIC Bank’s Chartering Agency State
Bank is FDIC Insured No, FDIC insured bank is NOT a member of the Bank Insurance Fund
Bank Insurance Fund DIF – Deposit Insurance Fund
Date of Deposit Insurance June 06, 1980
Change Code 440
Change Code Description Change in FDIC Insured Bank’s Entity Type
OCC Bank Charter Number No FDIC Bank Charter Number
Conservatorship FDIC insured bank is not being operated by government conservatorship.
Inactive Bank that used to be FDIC insured? No
Credit Card Institution No, bank is not a credit card institution. Credit card loans do not exceed 50% of the FDIC Bank institution’s total assets, including loans that have been securitized and sold.
Insured Commercial Banks Yes
FDIC Supervisory Region Dallas
Insured Savings Institution No, Bank is not Savings Association Insurance Fund (SAIF) insured
State Charter Yes
County Fentress
Office of Thrift Supervision Region Southeast
Assigned Federal Reserve District Dallas
Oakar Institutions No
FDIC Field Office 0
Insured offices of foreign banks 0

Progressive Savings Bank is insured by the Federal Deposit Insurance Corporation (FDIC)

Leave a Reply