Celebrating Community Banking Month
April 27, 2017-- As we wrap up “Community Banking Month,” we want to thank our communities for their support. Progressive Bank is honored to serve your banking needs. We care about our customers and are dedicated to helping our local residents and cities thrive. ICBA Community Banking Month gives us an opportunity to celebrate community banking and to spread the positive story of our industry and the communities we serve.
June 21, 2016 -- The Board of Directors of Progressive Bank has elected David M. Hampton to the position of President and Chief Operating Officer of Progressive Bank. He has also been elected to serve as a Director on the Progressive Bank Board.
Since joining Progressive Bank as Senior Vice President/Commercial Lending in June 1998, Mr. Hampton has served in various roles of increasing responsibility and leadership within our company, including Chief Lending Officer, President of Progressive Financial Advisors, L.L.C., and most recently as Executive Vice President and Chief Operating Officer responsible for all Commercial and Retail banking functions. Prior to his tenure at Progressive Bank, he had over twelve years experience in various lending and credit-related roles for Central Bank, Hibernia National Bank, and Premier Bank – all in the Monroe area. In addition to his professional duties, Mr. Hampton’s volunteer leadership capabilities are evident as he has served as board or committee chair for a number of local civic organizations, including the Monroe Chamber of Commerce, the NE LA Chapter of the American Red Cross, and the University of Louisiana – Monroe (ULM) Foundation Board of Trustees. He holds a Bachelor of Business Administration in Accounting from ULM, and is a graduate of the Graduate School of Banking – Colorado, the Executive Banking Institute, and the Louisiana Bankers’ School for Supervisory Training. Mr. Hampton is also a Certified Public Accountant.
According to George W. Cummings, III, Chief Executive Officer of Progressive Bank, “In his eighteen years of service to our organization, Mr. Hampton has proven time and again that he is a capable leader dedicated to the purpose, missions, values and commitments of Progressive Bank and our board has the utmost confidence in his ability to help lead our company forward.”
Brian Wade Named Franklin Parish Market President
April 21, 2016 -- We are pleased to announce that Brian D. Wade has been named President for our Franklin Parish Market. Brian is an integral part of our Progressive Bank team and we believe that he can expertly meet our customers' needs across the Delta. In addition to his role as Market President, he will also continue to serve as Commercial and Agricultural Relationship Manager, specializing in commercial lending, agricultural lending and agriculture real estate.
George W. Cummings, III Presented the 2016 B. D. Robinson Unity Award
January 2016 -- We are pleased to announce that our President and Chief Executive Officer, George W. Cummings, III, was presented the B. D. Robinson Unity Award at the City of Monroe's 37th Annual Dr. Martin Luther King, Jr. Birthday Salute held at the Monroe Civic Center. This award, named for long-time Monroe educator and community leader Mr. B. D. Robinson, recognizes outstanding contributions to the community and dedication to its progress and development.
Congratulations and Thank You for your leadership - both in the community and here at Progressive Bank!
Jeff Laudenheimer Receives 2015 Jim Shipp Award
November 6, 2015 --Congratulations to our own Jeff Laudenheimer who was honored with the 2015 James M. Shipp, Jr. Memorial Young Business Leader Award by the Monroe Chamber of Commerce at last night's 'Leadership Ouachita' graduation. This is the second year in a row that a Progressive Banker has been honored with this prestigious award (Ashley West was last year's recipient) which recognizes outstanding civic leadership and contributions to community progress in Ouachita Parish.
What a great team of young leaders we have here at Progressive Bank!
We are proud of you, Jeff!
Progressive Bank Endows ULM Professorship
September 24, 2015 -- We are proud to establish the Progressive Bank Endowed Professorship in Financial and Information Technology Services at the University of Louisiana-Monroe. We are pleased to make this major investment in the ULM College of Business and Social Sciences, as well as in our local economy and in local workforce development.
Kelly Shambro Chosen 'Sweet 16' for 2015
September 2015 -- Delta Style Magazine has selected Kelly Shambro, Sr. Vice President / Communications and Marketing, for inclusion in this year's 'Sweet 16' - women who are making an impact in the community and beyond. This year’s honorees are from all walks of life - professionals, mothers, volunteers, wives, daughters, grandmothers and entrepreneurs. They are the ones behind-the-scenes making things happen and the ones in the front row leading our community forward.
Congratulations, Kelly, on this outstanding honor!
Proud Sponsor of the 2015 Dragon Boat Festival
May 1, 2015 --The Dragon Boats are Coming! Progressive Bank is proud to present the 2015 Dragon Boat Festival! This year's event will be held on Saturday, May 9th, on beautiful Bayou DeSiard. Bring your family and join us for a great day of fun, food, and friendly competition as our own Bayou Bankaneers compete for the Championship!
Dragon Boat Racing is a terrific team-building experience for companies and organizations. Teams are made up of 20 rowers and 1 drummer who together row a 40-foot dragon boat.
You don’t have to race a Dragon Boat to be part of the fun! Join us in a FREE day of watching the races at the corner of Forsythe and Loop Road. Additional parking and transportation available at RiteAid and CenturyLink parking lots on Forsythe Ave. Bring lawn chairs and blankets to use as you watch the races. Food and drink vendors will be available on-site.
Join us! We’ll see you bright and early at 8 am!
A Home Mortgage That Fits
January 28, 2015 --Mortgage rates remain low, allowing many people to get into a home for the first time. At Progressive, we know you could go anywhere for your new home mortgage but we wanted to give you a few reasons to come to us for all your home buying needs.
First, we’re local. Our lenders are where you are and work hard for our community. They provide the very best in personal, in-office service with locally-approved decisions.
Our mortgage choices are tailored to your needs. We look at each individual home mortgage situation and provide choices to fit your needs.
We also offer free quotes for refinancing or purchasing your new home. We want to be your home mortgage specialists and are excited to show you how easy purchasing or refinancing your home can be.
Progressive Bank is an Equal Housing Lender.
Ashley West Selected for 2014 Jim Shipp Award
November 10, 2014 - Congratulations to Ashley West, recipient of the 2014 James M. Shipp, Jr. Memorial Young Business Leader Award by the Monroe Chamber of Commerce. Ashley received the award at this year's 'Leadership Ouachita' graduation. The Shipp Award recognizes outstanding civic leadership and contributions to community progress in Ouachita Parish. Ashley is just one example of the great team of young leaders we have here at Progressive Bank.
We are proud of you, Ashley! Congratulations!
May 19, 2013—The Progressive Bank Bayou Bankaneers took home the Banker's Cup trophy at the 2013 Bayou DeSiard Dragon Boat Festival on Saturday, May 18th. In the overall competition, Progressive Bank finished 13th out of 29 teams.
The Dragon Boat Festival is a fundraiser organized by the Radio People and Miller/Choice Brands. Money raised by this year's event was given to the Downtown Monroe Renaissance project. Next year, a new not-for-profit will be chosen to benefit from the fundraiser.
Teams composed of 20 paddlers and one drummer raced 200 meters down Bayou DeSiard seeking victory. Twenty-nine teams competed in two morning races. Based on their finishing times, 15 teams were chosen to complete after a lunch break in the final five heats. For one of the two morning races, teams were divided into categories based on the profession their team represented and competed for a separate trophy.
The Bayou Bankaneers finished last in their first race of the morning with a time of 1:07.170 (minutes/seconds). The team knew they
needed to improve their time in their next race, and they did just that! In sync and on a mission, the Bayou Bankaneers smoked their competition in the Banker's Cup winning the race with a time of 1:01.090. The Bankaneers shaved more than 6 seconds off their first race time and qualified to compete in the finals. Cross Keys won second place in the Banker's Cup, Community Trust Bank captured third, and Ouachita Independent Bank brought up the rear. A video of the Banker's Cup can be seen on You Tube (http://youtu.be/LoC9WcqAGBA).
In the last race of the day, the Bayou Bankaneers secured 13th place finishing in 1:01.080. The Fitness Ninjas from The Fitness Lodge
were the big winners of the day crossing the finish line in 55.11 seconds. Six of the top 15 teams raced in under a minute!
The Bayou Bankaneers were decked out in red and black complete with matching Pirate hats. A fun time was had by all who participated,
and the team is already gearing up for the 2014 festival.
Committee of 100 Announces Weaver New Member
April 16, 2013—The Committee of 100 for the Economic Development, Inc. is pleased to announce the addition of its newest member Dewey Weaver, InterMountain Management, Monroe, Louisiana.
Founder and sole owner of InterMountain Management, Mr. Weaver entered the hospitality industry at the age of 11, and has held jobs in very aspect of the business. His experience as a former dishwasher, housekeeper, front desk clerk, manager – and hotel property owner – gives Mr. Weaver the ability to oversee operations from every perspective, and maximize results wherever possible.
Mr. Weaver's introduction to the hospitality industry began in Emporia, Kansas, in 1966. It was there, at age 11, that he would head to the Ramada Inn every day after school, put on an apron, and washed dishes in the hotel restaurant until closing. Even during this very early time in his career, Mr. Weaver knew that the hospitality industry was one he wanted to be a part of. In 1969 his parents moved the family to Northwest Arkansas, where they purchased a motel in Springdale.
Growing up in and around the motel, he continued to learn the value of quality and service in the industry. He worked every job at the property, from checking-in guests, to cleaning rooms, to servicing the pool. In 1978, after graduating from the University of Arkansas, Mr. Weaver moved with his family to Monroe, Louisiana. It was there that he and his father formed InterMountain Management. Monroe would also be the location of Mr. Weaver's first property purchased without his family's assistance, the Super 8 West Monroe. This property remains
in the InterMountain portfolio to this day.
Initially operating the company out of his mother's spare bedroom, Mr. Weaver eventually moved the headquarters to Monroe's Tower Drive. In the following years, InterMountain's growth was steady and strong. Marriott first approved InterMountain to manage one of their properties in 1994 in Shreveport, and Hilton soon followed suit in 1996, allowing management of a Hampton Inn in Ruston. In the years that followed,
InterMountain Management would enjoy strong relationships with not only Marriott and Hilton, but also Hyatt and Starwood. InterMountain additionally manages properties for a variety of institutional ownership groups, including Apple REIT, Archon Hospitality, ((from page 1) and Summit Hospitality.
In 2011, InterMountain acquired Pillar Hotels and Resorts. The combined portfolio of the two companies totals 309 properties, making nterMountain/Pillar the second largest management group in the country.
With an intense focus on service and attention to what Mr. Weaver often refers to as "a business of a thousand details", InterMountain remains a leader in hospitality management. Their unique owner's perspective allows them to continue to drive success for
their hotels and their partners.
"We are pleased to welcome Dewey to the Committee. We feel confident that his background will add to the level of leadership and decision making abilities of our organization as we strive to assist in the business and economic development activities of our state, as well as the impact on public policy that affects business and economic development in Louisiana," stated Michael Olivier, Chief Executive Officer.
The Committee of 100 for Economic Development, Inc. (C100) was created in 1992 as a private, non-profit, non-partisan, non-governmental organization formed to serve as a catalyst for positive change in government, education and the economy, to improve the quality of life for all people in Louisiana. As a respected business voice, C100 is an advocate for economic development engaging our business leadership in state public policy issues impacting business and economic development.
The Committee's primary focus is to assist the State in attracting and retaining industry, ensuring quality jobs for Louisianans. The Committee supports the Louisiana Economic Development Department and the major regional economic development agencies in the business and industrial recruitment process by marketing and promoting Louisiana as a business location, by providing resources to enhance the efforts
of the economic development entities engaged in business attraction and to provide access to the critical thinking capacity of our membership. (Press Release 4/16/2013, Committeeof 100)
George W. Cummings, III (CEO and President—Corporate) and Morris Mintz (Director) are also members of the Committee of 100. Progressive Bank is proud to have three representatives in this outstanding organization. For more information about the Committee of 100, visit their website http://c100la.org/.
Hinchliffe Appointed Commissioner of MHA
April 18, 2013—Hal H. Hinchliffe has been appointed Commissioner of the Monroe Housing Authority by Mayor Jamie Mayo. "This is a distinct honor for me as I have always had a high regard for how our local housing authority is run and have always admired and respected my predecessor commissioners," said Hinchliffe.
The Monroe Housing Authority (MHA) is founded on the belief that decent, safe, and affordable housing is central to the physical and emotional health, the productivity, and the self-esteem of the people it serves. Recognizing its responsibility to maintain physical properties, while affording dignity and respect to every individual, the objective of the Monroe Housing Authority is to improve the quality of life through a community partnership which promotes decent and safe neighborhoods.
An LSU alumnus, Hal has been with Progressive Bank since 1998 and serves as Executive Vice President / Head of Real Estate Lending. He also serves as a member of both the Board of Trustees and the Strategic Planning Committee for the Louisiana Governor's Mansion Foundation; President and Board member of Monroe Home Ownership, Inc.; as President of the Franciscan Apartments; and is a former member of the Board of Supervisors of the Louisiana State University System.
Weaver Wins One of the Chamber's Highest Honors
February 1, 2013
Dewey Weaver, Progressive Bank Director and owner of InterMountain Management, LLC, was awarded the Kitty DeGree Foundation Lifetime Achievement Award in Business at the Monroe Chamber of Commerce's Annual Meeting and Banquet held on January 10, 2013.
The Kitty DeGree Foundation Lifetime Achievement Award in Business was first presented in 2003. As envisioned by its namesake—Mrs. Kitty DeGree—the award recognizes a person in the community who exemplifies excellence in business. It is presented each year to an individual who has demonstrated outstanding achievements as a business leader throughout their career.
Candidates for this award must have owned or held a major administrative-level position at a Ouachita Parish business over a span of at least 20 years. They must have assisted in expansions, acquisitions, or growth of the business resulting in new products or services, in increased profitability, or in additional employment. Nominees must have shown an exceptional vision and ingenuity in responding to and overcoming adversities, while exhibiting outstanding professionalism in business.
Recently recognized as the 2012 Developer of the Year for Marriott International, Mr. Weaver has met and exceeded all of the award criteria. He began his company in 1982 with only one hotel in his portfolio. Twenty years later InterMountain Management is the second largest hotel management company in the United States with more than 300 properties under its direction. Of those 300 properties, InterMountain Management owns seventy-five. Continuing its pattern of growth, four new hotels are under construction and twenty-one new projects are in the pipeline.
Mr. Weaver joins a distinguished group of past award recipients including Glen Post, Sam Rubin, Sister AnneMarie Twohig, Sol Rosenberg, Clyde Webb, Don Beach, Jim Bershen, Dr. Terry King, and Bucky McElroy.