4 star ratingAverage User Rating:
4 star rating based on 1 review.

Union State Bank (KS)

Union State Bank (KS) Locations
545 Main St. PO Box 105
Everest, KS 66424
(785) 548-7521
www.mybankusb.com

Union State Bank (KS) is headquartered in Everest and is the 62nd largest bank in the state of Kansas. It is also the 2,968th largest bank in the nation. It was established in 1901 and as of September of 2011, it had grown to 48 employees at 6 locations. Union State Bank (KS) has a 5-star health rating.

Related Posts

Union State Bank (KS) Rate Drop - (3.25% To 2.50%) (Forum) - 10/11/2011

Effective October 7, 2011 the interest rate for Tier 2, balances under $25,000.01, will be 2.47% with an APY (Annual Percentage Yield) of 2.50%. For the last couple of weeks the depositaccounts.com page has had this message: We are currently reviewing

Union State Bank Slashes Reward Checking Rate (Forum) - 4/8/2010

Union State Bank slashed its reward checking rate from 5.01% to 3.25% APY for balances up to $25K. This account used to be available nationwide, but the bank changed this policy last June. It's now only available in Kansas and Missouri. Please refer to my

High-Yield Reward Checking Account at a Kansas Bank (Union State) - 5/6/2008

Update 6/11/09: The bank has changed its policy on nationwide availability. Only residents of Kansas and Missouri are eligible to apply.Union State Bank has a rewards checking account that pays 5.01% APY on balances up to $25,000 (1.50% for above) and...



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See Rates for: Checking | CD

Union State Bank (KS) Checking Account Rates

ApyMinMaxProduct
2.50%-$25kMy Rewards Checking

Union State Bank (KS) CD Rates

ApyMinMaxProduct
1.65%$1k-4 Year CD
1.65%$1k-Business 4 Year CD
1.40%$1k-3 Year CD
1.40%$1k-Business 3 Year CD
0.90%$1k-2 Year CD
0.90%$1k-Business 2 Year CD
0.65%$1k-1 Year CD
0.65%$1k-Business 1 Year CD
0.40%$1k-182 Days CD
0.40%$1k-Business 182 Days CD
0.20%$1k-91 Days CD
0.20%$1k-Business 91 Days CD

Rates updated: 2/11/2012

Data for Q3 2011


Institution Statistics


The Union State Bank of Everest
FDIC Certificate #18610
BankRate ReportView
Year Established1901
Employees48
Primary RegulatorFED

Assets and Liabilities

Assets$209.85 million
Loans$149.33 million
Deposits$181.09 million
Equity Capital$22.28 million
Loan Loss Allowance$2.68 million
Unbacked Noncurrent Loans$1.81 million
Real Estate Owned$767,000

Historic Data - September 2010

Assets$166.90 million
Equity Capital$17.63 million
Loan Loss Allowance$1.89 million
Unbacked Noncurrent Loans$1.85 million
Real Estate Owned$435,000

Profit Margin - Quarterly

Net Interest Margin4.27%
Return on Assets1.65%
Return on Equity16.27%
Interest Income$7.91 million

Institution Health


Overall Score:
5 out of 5
5
Texas Ratio4
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 State Bank (KS) had $2.58 million in non-current loans and owned real-estate with $24.95 million in equity and loan loss allowances on hand to cover it. This gives Union State Bank (KS) a Texas Ratio of 10.34% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend4
The Texas Ratio for Union State Bank (KS) decreased slightly from 12.41% as of September 30, 2010 to 10.34% as of September 30, 2011, resulting in a positive change of 16.68%.This indicates that the balance sheet and financial strength for Union State Bank (KS) has improved slightly in recent periods.
Deposit Growth5
In the past year, Union State Bank (KS) has increased its total deposits by $45.18 million, resulting in 33.25% 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 State Bank (KS) has shown is excellent.
Capitalization4
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 State Bank (KS) has $209.85 million in assets with $24.95 million in equity, resulting in a capitalization level of 11.89%, which is above average.
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Attentive And Responsive
4 stars - efgkc - Wednesday, July 14, 2010 - 6:48 PM

Although the closest branch of this bank is about an hour away, they have consistently been prompt and responsive to my needs.  They have dropped their rates recently, but I haven't found another option that makes the move worthwhile.

3
 
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