History
Started in 1965, Progressive Ozark Bank is an FDIC-insured bank headquartered in Salem, MO. Regulatory filings show the bank having equity of $13.0 million on assets of $115.3 million, as of December 31, 2017. With 41 full-time employees in 4 offices in MO, the bank currently holds loans and leases worth $93.6 million, including real estate loans of $79.3 million. U.S. bank customers currently have $101.0 million in deposits with the bank. Overall, Bankrate believes that, as of December 31, 2017, Progressive Ozark Bank exhibited a superior condition, earning a full 5 stars for safety and soundness. Keep reading for a breakdown of how the bank fared on the three important criteria Bankrate used to evaluate American banks on safety and soundness.
