MonitorBankRates
  1. Home
  2. Banks
  3. ProGrowth Bank
iAdvertiser Disclosure
Advertiser Disclosure Some institutions listed may have a business relationship with MonitorBankRates. Our proprietary systems independently track and verify all rates. Advertiser relationships do not influence our Safety Ratings, Star Ratings, Texas Ratio calculations, or the rates shown.

ProGrowth Bank Rates & Review August 2026

ProGrowth Bank's savings rates are at 2.79%. MonitorBankRates evaluates the financial stability of ProGrowth Bank with a 2.9 Star Rating, an C+ Overall Health Grade, and a Texas Ratio of 0.21%. Rates last updated and verified on 08/28/2026.

ProGrowth Bank money market rates, and other rates, are continually updated to reflect market conditions. We recommend checking back frequently to get the best money market rates and other rates available. Have you opened an account or have any experiences at ProGrowth Bank? Share your experience about ProGrowth Bank by leaving a review below, or read customer reviews before you decide to use ProGrowth Bank.

Overall Health & Safety Grade ?
C+
Fair Health Score: 79/100
MonitorBankRates Rating ?
2.9
Fair Out of 5.0 Stars
Texas Ratio ?
0.21%
Excellent Lower than avg
ProGrowth Bank
703 3rd St
Nicollet, MN 56074
https://www.progrowth.com
Member FDIC

ProGrowth Bank Savings Rates

Product Rate APY View More
PLATINUM Money Market Savings - 3.51%
Min Balance $250,000
Details Annual Percentage Yield (APY) is accurate as of 04/07/2026 and may change after account opening. The APY assumes the funds remain on deposit for one year at the current interest rate. Fees could reduce earnings. $10,000 average ledger balance required to avoid $10 monthly service charge, CLICK HERE for complete details.
Last Updated 08/28/2026
Institution Ratings
2.9
Star Rating
C+
Health Grade
Texas Ratio: 0.21%
PLATINUM Money Market Savings - 2.79%
Min Balance $100,000
Details Annual Percentage Yield (APY) is accurate as of 04/07/2026 and may change after account opening. The APY assumes the funds remain on deposit for one year at the current interest rate. Fees could reduce earnings. $10,000 average ledger balance required to avoid $10 monthly service charge, CLICK HERE for complete details.
Last Updated 08/28/2026
Institution Ratings
2.9
Star Rating
C+
Health Grade
Texas Ratio: 0.21%

ProGrowth Bank Money Market Rates

Product Rate APY View More
PLATINUM Money Market Savings - 3.51%
Min Balance $250,000
Details Annual Percentage Yield (APY) is accurate as of 04/07/2026 and may change after account opening. The APY assumes the funds remain on deposit for one year at the current interest rate. Fees could reduce earnings. $10,000 average ledger balance required to avoid $10 monthly service charge, CLICK HERE for complete details.
Last Updated 08/28/2026
Institution Ratings
2.9
Star Rating
C+
Health Grade
Texas Ratio: 0.21%
PLATINUM Money Market Savings - 2.79%
Min Balance $100,000
Details Annual Percentage Yield (APY) is accurate as of 04/07/2026 and may change after account opening. The APY assumes the funds remain on deposit for one year at the current interest rate. Fees could reduce earnings. $10,000 average ledger balance required to avoid $10 monthly service charge, CLICK HERE for complete details.
Last Updated 08/28/2026
Institution Ratings
2.9
Star Rating
C+
Health Grade
Texas Ratio: 0.21%

Methodology & Data Sources

MonitorBankRates Star Rating: Our rating for ProGrowth Bank is derived from comprehensive financial data published quarterly by the FDIC. Our proprietary rating system evaluates financial stability (including the Texas Ratio and capitalization) and combines it with customer feedback (user reviews) to help you make informed banking decisions.

Texas Ratio: We calculate the Texas Ratio using standard industry methodology. This ratio compares the bank's non-performing assets to its tangible common equity and loan loss reserves to assess financial health.

Rate Data Aggregation: We gather ProGrowth Bank rates using proprietary online rate aggregation technology. Our systems scan constantly to provide the most recent rates available to our visitors.

Disclaimer: Interest rates are variable and subject to change without notice. While we strive for accuracy, rates can change rapidly based on market conditions. It is always advisable to check with ProGrowth Bank's official website for the most current offers and terms.

Bank Profile & Overview

Institution Name ProGrowth Bank
Bank Holding Company PROGRESSIVE GROWTH CORP
Address 703 3rd St, Nicollet, MN 56074  ·  Nicollet
FDIC Certificate # 8536
Established 01/01/1903
FDIC Insurance Date 01/01/1934
Domestic Offices 4
Total Branches 4
Regulator FDIC
FDIC Insured ✓ Yes — Up to $250,000

Financial Health & Assets

C+
Overall Health Grade Score: 79/100
2.9
Fair Out of 5.0 Stars
0.21%
Texas Ratio Nat'l avg: 5.85%
Return on Assets (ROA) 0.8296%
Return on Equity (ROE) 27.0700%
Non-Performing Loans (NPL) 0.00%
Total Assets $411,728,000
Total Deposits $333,960,000
Equity Capital $20,227,000
Net Income $1,450,000
Headquarters Nicollet
Total Branches and Offices 4
Source: FDIC  |  Last Updated 12/31/2025

Customer Reviews

There are no reviews for ProGrowth Bank yet. Feel free to create one below.
Average Rating
☆☆☆☆☆
Total Reviews
0
Add Your Rating and Review for ProGrowth Bank
Your Name:
Your Rating:

Frequently Asked Questions About ProGrowth Bank

How many branches does ProGrowth Bank operate?

ProGrowth Bank currently maintains approximately 4 branch location(s). Physical branches allow members to access in-person services such as notary consultations and safe deposit boxes.

Is there a first-time homebuyer program?

Currently, ProGrowth Bank does not list a specific first-time homebuyer program, but they provide a range of mortgage and home equity products to assist members with property financing.

Are credit management and repair services offered?

While formal credit repair services are not currently listed, ProGrowth Bank provides members with tools to manage their accounts and build a solid financial history.

Does ProGrowth Bank offer online and mobile banking?

Most modern institutions like ProGrowth Bank provide digital access. This includes the ability to check balances, transfer funds, deposit checks via mobile app, and view statements online. You can usually find these services at their official website: https://www.progrowth.com.

Current ProGrowth Bank Rates

  • Savings2.79%
Retrieved from our database of financial products. Rates subject to change.