Progressive Federal Savings Bank
| Status: | Inactive as of 07/13/1990 |
| Absorption - Assisted Institution Enters Conservatorship | |
| Successor Bank: | Progressive Savings Bank, F.S.B. |
| Headquarters: | Progressive Federal Savings Bank 700 Second Street Natchitoches, LA 71457 |
| Established: | 01/01/1916 |
| FDIC Insurance: | 08/09/1989 |
| FDIC Cert: | #29240 |
| Charter Class: | Savings banks, state charter, supervised by the FDIC |
| Total Assets: | $50,232,000 |
| Total Deposits: | $46,512,000 |
History
| 1916-01-01 | Institution established: Original name:Progressive Savings and Loan Association | |
| 1985-05-31 | Changed organization type to MUTUAL SAVINGS BANK | |
| 1985-05-31 | Changed name to Progressive Federal Savings Bank | |
| 1990-07-13 | Institution established: Original name:Progressive Savings Bank, F.S.B. (33157) | |
| 1990-07-13 | Failed, went into receivership, and then became part of Progressive Savings Bank, F.S.B. (33157) | |
| 1990-07-13 | Placed into government conservatorship. | |
| 1991-08-23 | Ceased operations as a result of a government supervised payoff, liquidation, or closing. No active institution received any of its deposits. | |
| 1991-08-23 | Government conservatorship or bridge bank resolved. |