Union Bank

305 North Main St.
Marksville, LA 71351
318-253-4531
www.union-bank.com

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Union Bank is headquartered in Marksville and is the 58^th largest bank in the state of Louisiana. It is also the 2,796^th largest bank in the nation. It was established in 1910 and as of September of 2011, it had grown to 83 employees at 10 locations. Union Bank has a 3-star health rating.

$200 Checking Account Bonus at Union Bank in CA, WA and OR - 12/28/2009

Union Bank is offering up to $200 for opening its Signature Banking Checking account and for establishing qualifying services. The Signature Banking Checking has a high minimum balance requirement so this isn't a great deal, but it may be worthwhile to a...

4.25% 12-Month / 4.40% 24-Month CD at an Arizona Bank (Union) - 7/11/2008

Update 8/2/08: The CD rates have changed. The new CD rates are 4.25% APY 12-month CD (min $5K) and 4.40% APY 24-month CD (min $5K). The title has been modified to reflect this change.Union Bank is offering some very competitive CD rates. The best rates...

4.01% Reward Checking Account at a Louisiana Bank (Union) - 3/13/2008

Update 1/06/09: The top yield has fallen to 4.01% APY. Refer to the bottom of the post for the rate history.Union Bank is offering a reward checking account called UnionRewards Checking. It pays 4.01% APY on balances up to $25,000 (0.60% for above) and...

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See Rates for: Checking | Savings | Money Market | CD | IRA

Union Bank Checking Account Rates

Apy	Min	Max	Product
0.50%	-	$25k	Union Rewards Checking
0.25%	$1k	-	Regular Now

Union Bank Savings Account Rates

Apy	Min	Max	Product
0.25%	-	-	Regular Savings
0.25%	-	-	Christmas Club

Union Bank Money Market Rates

	Apy	Min	Max	Product
	0.25%	$2k	-	Insured Money Market Plus

Union Bank CD Rates

Apy	Min	Max	Product
1.25%	$1k	-	5 Year CD
1.00%	$1k	-	36 Month CD
0.75%	$2,500	-	24 Month CD
0.50%	$2,500	-	182 Day CD
0.50%	$1k	-	12 Month CD
0.35%	$2,500	-	31 Day CD
0.35%	$2,500	-	91 Day CD

Union Bank IRA Rates

Apy	Min	Max	Product
1.25%	-	-	5 Year IRA
0.75%	-	-	2 Year IRA
0.50%	-	-	1 Year IRA

Rates updated: 2/10/2012

Data for Q3 2011

Institution Statistics

The Union Bank
FDIC Certificate #	8800
BankRate Report	View
Year Established	1910
Employees	83
Primary Regulator	FDIC
Assets and Liabilities
Assets	$226.43 million
Loans	$142.29 million
Deposits	$197.03 million
Equity Capital	$18.14 million
Loan Loss Allowance	$2.18 million
Unbacked Noncurrent Loans	$8.66 million
Real Estate Owned	$3.49 million
Historic Data - September 2010
Assets	$243.65 million
Equity Capital	$15.81 million
Loan Loss Allowance	$2.23 million
Unbacked Noncurrent Loans	$16.97 million
Real Estate Owned	$4.54 million
Profit Margin - Quarterly
Net Interest Margin	3.63%
Return on Assets	0.43%
Return on Equity	5.58%
Interest Income	$8.07 million

Institution Health

Overall Score:

3 out of 5

Texas Ratio
The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of September 30, 2011 Union Bank had $12.15 million in non-current loans and owned real-estate with $20.32 million in equity and loan loss allowances on hand to cover it. This gives Union Bank a Texas Ratio of 59.78% which is below average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend
The Texas Ratio for Union Bank decreased significantly from 119.22% as of September 30, 2010 to 59.78% as of September 30, 2011, resulting in a positive change of 49.86%.This indicates that the balance sheet and financial strength for Union Bank has improved significantly in recent periods.
Deposit Growth
In the past year, Union Bank has decreased its total deposits by -$7.57 million, resulting in -3.7% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Union Bank has shown is below average.
Capitalization
Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Union Bank has $226.43 million in assets with $20.32 million in equity, resulting in a capitalization level of 8.97%, which is average.