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Progressive Ozark Bank

Salem, MO · Est. 1965 · Website ↗
A
Trust Grade
Excellent
Score: 96/100

Progressive Ozark Bank is a bank based in Salem, Missouri, established in 1965, with $188 million in total assets across 6 branches. By Trust Grade it ranks 98th of 195 banks we track in Missouri. Its capital ratio of 9.6% trails most similarly sized banks (40th percentile), versus a Missouri median of 10.3%. It was profitable over the most recent period, with a 2.13% return on assets. No consumer complaints against Progressive Ozark Bank appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.

Total assets
$188.2M
$100M–1B institution
Deposits
$168.4M
Branches
6
Capital ratio
9.6%
Bottom 40% of $100M–1B peers · Missouri median 10.3%
Return on assets
2.1%
Top 10% of $100M–1B peers · Missouri median 1.38%
Rank in Missouri
#98
of 195 banks

How Progressive Ozark Bank compares to Missouri peers

Capital ratio
Bottom 40% of $100M–1B peers
Progressive Ozark
9.6%
Missouri median
10.3%
Higher capital ratio = stronger financial cushion
Return on assets
Top 10% of $100M–1B peers
Progressive Ozark
2.1%
Missouri median
1.4%
Higher ROA = more profitable relative to asset base

How we graded Progressive Ozark Bank

The Trust Grade blends financial strength with complaint history. Full methodology →

Financial strength
96/100
Customer experience
n/a
Overall
A · 96
  • Strongly capitalized (9.6% capital ratio)
  • Strongly profitable (ROA 2.13%)
  • No CFPB complaints on record

Consumer complaints (CFPB)

No CFPB complaints are on file for Progressive Ozark Bank over the analysis window. For a smaller institution this is common and counts in its favor.

Branch locations (6)

  • 368 S Main St, Hartville, MO 65667
  • 904 W Scenic Rivers Blvd, Salem, MO 65560
  • 1460 S Sam Houston Blvd, Houston, MO 65483
  • 1610 N Main St, Mountain Grove, MO 65711
  • 109 W Highway 32, Licking, MO 65542
  • 204 E Jennifer St, Mansfield, MO 65704

Are deposits at Progressive Ozark Bank insured?

Yes. Progressive Ozark Bank is an FDIC-insured bank (FDIC certificate #31488). Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.

Progressive Ozark Bank: frequently asked questions

Is Progressive Ozark Bank a good bank?

Progressive Ozark Bank earns a Bankzia Trust Grade of A (96/100, "Excellent"), based on a financial-strength score of 96/100 (it has no CFPB complaints on record). Strongly capitalized (9.6% capital ratio); Strongly profitable (ROA 2.13%).

Is Progressive Ozark Bank FDIC-insured?

Yes. Progressive Ozark Bank is a FDIC-insured bank (FDIC certificate #31488). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.

How big is Progressive Ozark Bank?

Progressive Ozark Bank holds $188 million in total assets, ranking 98th of 195 banks we track in Missouri. It operates 6 branches.

Does Progressive Ozark Bank have CFPB complaints?

No CFPB complaints against Progressive Ozark Bank appear in our data over the analysis window, which is typical for a bank of this size.

Similar Banks

F&M Bank And Trust Company
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Citizens Bank
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Bank 21
bank · Carrollton, MO · $196M assets
New Frontier Bank
bank · Saint Charles, MO · $180M assets
Adrian Bank
bank · Adrian, MO · $197M assets

Financial data from FDIC call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.

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