Progress Bank

Progress Bank Overview

Progress Bank, founded in January 01, 1878, is currently an active FDIC insured bank. The chartering agency for Progress Bank is currently with the Office of Thrift Supervision. This FDIC insured bank is not being operated by government conservatorship. Progress Bank has an FDIC insurance membership with the SAIF - Savings Association Insurance Fund and is regulated by the Office of Thrift Supervision (OTS).

Progress Bank is assigned uner the New York Federal Deposit Insurance Corporation (FDIC) supervisory office and had obtained their federal deposit insurance on September 02, 1952.

Address Location and Maps for Progress Bank

Bank Name Progress Bank
Address 4 Sentry Parkway, Suite 200
Blue Bell, PA 19422
County: Montgomery
Bank’s State: Pennsylvania
Website: http://www.progressbank.com:80/

 

Progress Bank Detailed Information

FDIC Certificate ID 30529
Bank Institution Name Progress Bank
Is the Bank Active? Active
Office of Thrift Supervision Docket ID 5503
Total Assets $1,160,733,000
Total Deposits $770,198,000
Regulator Office of Thrift Supervision (OTS)
Bank Charter Class SA - Savings Association. Bank is supervised by the Office of Thrift Supervision (OTS). It is either a state or federal charter.
FDIC Bank’s Chartering Agency Office of Thrift Supervision
Bank is FDIC Insured No, FDIC insured bank is NOT a member of the Bank Insurance Fund
Bank Insurance Fund SAIF - Savings Association Insurance Fund
Date of Deposit Insurance September 02, 1952
Change Code 223
Change Code Description Merger - FDIC Insured Bank Without Assistance
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? Yes
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 New York
Insured Savings Institution Yes, Bank is Savings Association Insurance Fund (SAIF) insured
State Charter No
County Montgomery
Office of Thrift Supervision Region Northeast
Assigned Federal Reserve District New York
Oakar Institutions Yes
FDIC Field Office 1
Insured offices of foreign banks 0

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

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