Progressive Savings Bank
Status: | Inactive as of 03/01/2020 |
Merger - Without Assistance | |
Successor Bank: | SmartBank |
Headquarters: | Progressive Savings Bank 500 North Main Street Jamestown, TN 38556 |
Established: | 06/06/1980 |
FDIC Insurance: | 06/06/1980 |
FDIC Cert: | #32021 |
Charter Class: | Commercial bank, state charter and Fed nonmember, supervised by the FDIC |
Total Assets: | $295,333,000 |
Total Deposits: | $262,320,000 |
History
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 organization type to STOCK SAVINGS BANK | |
1989-04-30 | Changed name to Progressive Savings Bank, FSB | |
2010-11-04 | Changed institution class to INSURED COMMERCIAL BANKS, STATE, NOT MEMBERS OF THE FRS | |
2010-11-04 | Changed organization type to COMMERCIAL 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 institution class to INSURED COMMERCIAL BANKS, STATE, NOT MEMBERS OF THE FRS | |
2020-03-01 | Merged into and subsequently operated as part of SmartBank (58463) in PIGEON FORGE, TN | |
2021-09-01 | Acquired Sevier County BankSmartBank (10318) in SEVIERVILLE, TN. |