First Progressive Bank
First Progressive Bank is a bank based in Brewton, Alabama, established in 1977, with $33 million in total assets across 1 branch. By Trust Grade it ranks 68th of 93 banks we track in Alabama. Its capital ratio of 27.1% is stronger than 92% of similarly sized banks, versus a Alabama median of 10%. It posted a loss over the most recent period (-0.26% return on assets), a point to watch. No consumer complaints against First Progressive Bank appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How First Progressive Bank compares to Alabama peers
How we graded First Progressive Bank
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (27.1% capital ratio)
- Unprofitable over the period (ROA -0.26%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for First Progressive Bank over the analysis window. For a smaller institution this is common and counts in its favor.
Branch locations (1)
- 312 Sowell St, Brewton, AL 36426
Are deposits at First Progressive Bank insured?
Yes. First Progressive Bank is an FDIC-insured bank (FDIC certificate #22549). 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.
First Progressive Bank: frequently asked questions
Is First Progressive Bank a good bank?
First Progressive Bank earns a Bankzia Trust Grade of B (88/100, "Strong"), based on a financial-strength score of 88/100 (it has no CFPB complaints on record). Strongly capitalized (27.1% capital ratio); Unprofitable over the period (ROA -0.26%).
Is First Progressive Bank FDIC-insured?
Yes. First Progressive Bank is a FDIC-insured bank (FDIC certificate #22549). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.
How big is First Progressive Bank?
First Progressive Bank holds $33 million in total assets, ranking 68th of 93 banks we track in Alabama. It operates 1 branch.
Does First Progressive Bank have CFPB complaints?
No CFPB complaints against First Progressive Bank appear in our data over the analysis window, which is typical for a bank of this size.
Similar Banks
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.
