Progress Bank
- Company typePublic
- Founded2008
- HeadquartersHuntsville, United States
- Headcount101–250
- GTM typeB2B and B2C
- OfferingServices
Progress Bank firmographics
Firmographics- Name
- Progress Bank
- Legal name
- United Community Bank
- Website
- https://myprogressbank.com
- Company type
- Public
- Founded year
- 2008
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Ownership category
- akta.pro rank
Where Progress Bank is headquartered
LocationHeadquarters
- HQ city
- Huntsville
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Progress Bank business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales, Others
Revenue model
- Interest Income from Lending: Revenue generated from interest on personal loans, home equity loans, mortgages, business loans, SBA lending, USDA lending, equipment lending, and other credit products
- Deposit Service Charges: Fees from checking and savings account services, including maintenance fees, overdraft fees, and other account-related charges
- Credit Card Revenue: Income from credit card transactions, interchange fees, and annual fees on United Credit Cards
- Wealth Management Services: Advisory fees and commissions from private wealth management and financial advisory services
- Treasury Management Services: Fees for business banking services including merchant services, payroll processing, and cash management
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Monthly | Personal checking and savings accounts with variable fee structures |
| Other | Monthly | Business banking accounts with Treasury Management services |
| Other | Monthly | Loan and mortgage products |
Go-to-market motion1 record
Distribution channels6 records
Marketing channels6 records
Progress Bank product offering
Product offeringCore offering
Progress Bank is an Alabama state chartered commercial bank offering personal and business banking, mortgage, and treasury management services. The bank provides deposit accounts, lending products including SBA and specialized business loans, credit cards, and digital banking through mobile and online channels. FDIC-insured deposits and a regional branch network serve customers across Alabama.
Product overview
United Community Bank offers a unified retail and commercial banking platform comprising personal banking, business banking, mortgage services, and wealth management as its core pillars. Digital banking is delivered through the United Mobile App and Online Banking platform, with integrated features including My Money Manager for financial tracking, Card Controls for security, Bill Pay, eStatements, and Alerts and Notifications. The company provides specialized lending products including SBA loans, USDA programs, equipment lending, and asset-based lending for business customers. Treasury Management services round out the business offering with cash management, receivables, payables, and fraud protection tools.
Differentiator
Problem solved
Functional benefit
Brands
- United Mobile App: Mobile banking application for iOS and Android platforms
- United Community Advisors
- United Credit Cards
- Greenlight
Products and services
- Personal Banking
Quantifiable outcome
- Ranked #1 in Customer Satisfaction for Retail Banking in the Southeast including #1 in Trust, Convenience, and Value (J.D. Power 2026)
Companies that use Progress Bank
Customer profileSegments4 records
Ideal customer profiles3 records
Progress Bank technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration5 records
Feature4 records
Progress Bank partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Habitat for HumanityminorUnited Community Bank Foundation supports affordable homeownership through volunteer efforts with Habitat for Humanity in Wake County, NC. Team members participate in builds to help families achieve housing goals.
Scale indicators2 records
Recent moves1 record
Expansion highlights2 records
Progress Bank competitors and assessment
Company assessmentMarket position
Competitive moat3 records
Key highlights5 records
Customer concentration
Progress Bank social profiles
Digital presenceProgress Bank compliance and trust
Trust signalCompliance2 records
Progress Bank financial estimates
Financial estimateRevenue estimate
Valuation estimate
Progress Bank leadership team
Management profileNumber of profiles
Profiles2 records
Progress Bank subsidiaries and ownership
Company hierarchySubsidiaries1 record
Progress Bank funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Progress Bank M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Progress Bank
What does Progress Bank do?
Progress Bank is an Alabama state chartered commercial bank offering personal and business banking, mortgage, and treasury management services. The bank provides deposit accounts, lending products including SBA and specialized business loans, credit cards, and digital banking through mobile and online channels. FDIC-insured deposits and a regional branch network serve customers across Alabama.
Is Progress Bank a public or private company?
Progress Bank is a public company. It is classified as unknown and is currently operating.
When was Progress Bank founded?
Progress Bank was founded in 2008. It employs 101 to 250 people.
Where is Progress Bank based?
Progress Bank is headquartered in Huntsville, United States, in the North America region.
How does Progress Bank make money?
Five revenue lines are on record. Interest Income from Lending is the primary driver. The others are deposit Service Charges, credit Card Revenue, wealth Management Services and treasury Management Services.
Does Progress Bank have an API?
No public API is recorded for Progress Bank.