Bank · FDIC insured
Progressive Ozark Bank
A $190.9M bank headquartered in Salem, MO, with 6 branches in Missouri.
Rates
No Carrot Score yet: it needs scores for at least two of CDs, savings, auto loans and credit cards. CDs: carrot has not captured enough rates to score this yet. Savings: only special-purpose accounts (IRA, youth) are published. Auto loans: no rates found on its website. Credit cards: only rates Carrot doesn’t compare are published (introductory, refinance or business rates, or none at all).
- Savings—4.50%Needs another account or monthly activitySavings rates →
Deposits are federally insured by the FDIC up to $250,000 per depositor.
About Progressive Ozark Bank
Founded in 1965 with its first branch in Salem, Missouri, Progressive Ozark Bank is a locally-owned bank serving communities including Salem, Hartville, Houston, Licking, Mansfield, and Mountain Grove.
- Headquarters
- 904 W Scenic Rivers Blvd, Salem, MO 65560
- FDIC certificate
- 31488 ↗
Branches
6 branches in Missouri
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Missouri
6 branches
Salem area · 1
- Progressive Ozark BankMain office904 W Scenic Rivers Blvd, Salem, MO 65560Directions
Hartville area · 1
- Hartville Branch368 S Main St, Hartville, MO 65667Directions
Houston area · 1
- Houston Branch1460 S Sam Houston Blvd, Houston, MO 65483Directions
Licking area · 1
- Licking Branch109 W Highway 32, Licking, MO 65542Directions
Mansfield area · 1
- Mansfield Branch204 E Jennifer St, Mansfield, MO 65704Directions
Mountain Grove area · 1
- Mountain Grove Branch1610 N Main St, Mountain Grove, MO 65711Directions
Walk-in offices from the FDIC directory as of September 4, 2026. Directions open Google Maps. A nearby branch doesn’t mean you can join or open an account.
Financial details
| Measure | This bank | Peers’ middle | Strongest quarter |
|---|---|---|---|
| CapitalLeverage ratio | 9.78% | 10.98% | 13.00% or more |
| Troubled loansNoncurrent | 0.03% | 0.42% | 0.09% or less |
| ProfitabilityReturn on assets | 2.30% | 1.24% | 1.68% or more |
| LendingLoans per $100 deposited | $91 | $81 | — |
- CapitalLeverage ratio9.78%Peers’ middle 10.98% · Top 25% 13.00%+
- Troubled loansNoncurrent0.03%Peers’ middle 0.42% · Top 25% ≤0.09%
- ProfitabilityReturn on assets2.30%Peers’ middle 1.24% · Top 25% 1.68%+
- LendingLoans per $100 deposited$91Peers’ middle $81
Compared with the 2,650 banks with $100 million to $1 billion in assets. The strongest quarter is what the best 25% of them reach: more capital and profit, fewer troubled loans. Lending has no better end.Troubled loans are noncurrent: 90 or more days late, or no longer earning interest.
Regulators’ own ratings of Progressive Ozark Bank are confidential. These figures are what it reports to the FDIC each quarter, set beside its peers; they aren’t a rating.