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ProGrowth Bank

✓ FDIC-insured · Active FDIC Certificate #8536

ProGrowth Bank is an FDIC-insured state-chartered bank that is not a Federal Reserve member (supervised by the FDIC), headquartered in Nicollet, Minnesota, established in 1903. As of the 06/30/2026 FDIC call report, it reported $365M in total assets and $327M in deposits. FDIC location data lists 4 offices in Minnesota. The FDIC classifies it as a community bank. It is owned by the holding company PROGRESSIVE GROWTH CORP (Gaylord, MN).

Total assets
$365M
Total deposits
$327M
Offices
4
Return on assets
-1.12%

Financial data as of the 06/30/2026 FDIC call report.

Where it operates

All 4 of ProGrowth Bank's FDIC-listed offices are in Minnesota. Browse banks in Nicollet for other local options.

Branch locations

ProGrowth Bank
Progrowth Bank Branch · Full Service - Brick And Mortar
120 N Augusta Ct
Mankato, MN 56001
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ProGrowth Bank
Progrowth Bank Branch · Limited Service - Loan Production
45 Teton Ln
Mankato, MN 56001
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ProGrowth Bank
Progrowth Bank · Full Service - Brick And Mortar
703 3rd St
Nicollet, MN 56074
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ProGrowth Bank
Progrowth Bank Branch · Full Service - Brick And Mortar
320 Main Ave
Gaylord, MN 55334
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Holding company: PROGRESSIVE GROWTH CORP

The FDIC lists PROGRESSIVE GROWTH CORP, based in Gaylord, MN, as the top holding company for ProGrowth Bank. The FDIC shows no other active insured banks under the same holding company.

Similar-size banks in Minnesota

Active FDIC-insured banks headquartered in Minnesota with total assets closest to ProGrowth Bank's $365M. See all banks in Minnesota.

BankHQ cityAssetsOffices
Northview BankSandstone$470M12
Sterling State BankAustin$462M6
Kensington BankKensington$447M7
Star BankMaple Lake$446M11
First National Bank MinnesotaSaint Peter$438M4
Foresight BankPlainview$434M3
Peoples State Bank of PlainviewPlainview$429M6
My Kind of Bank, National AssociationOttertail$423M5

ProGrowth Bank: common questions

Is ProGrowth Bank FDIC-insured?

Yes. ProGrowth Bank is an active FDIC-insured institution, FDIC Certificate #8536. Deposits are insured up to $250,000 per depositor, per ownership category. You can confirm this on FDIC BankFind.

Where is ProGrowth Bank headquartered?

ProGrowth Bank is headquartered at 703 3rd St, Nicollet, MN 56074, according to FDIC records.

How many branches does ProGrowth Bank have?

FDIC location data lists 4 offices for ProGrowth Bank, all in Minnesota.

Who owns ProGrowth Bank?

The FDIC lists PROGRESSIVE GROWTH CORP of Gaylord, MN as the top holding company for ProGrowth Bank.

Source: FDIC BankFind Suite (institution, location, and call report data). BankNearMe.com does not rank or rate banks.