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Overview / Commentary
636-583-2555
15 East Main Street
Union, MO 63084

United Bank of Union is headquartered in Union and is the 80th largest bank in the state of Missouri. It is also the 2,193rd largest bank in the nation. It was established in 1934 and as of December of 2013, it had grown to 72 employees at 3 locations. United Bank of Union has a C+ health rating.

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Health

Data for Q4 2013

Institution Health

C+

Texas Ratio

GRADE:
C

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 December 31, 2013 United Bank of Union had $11.76 million in non-current loans and owned real-estate with $34.83 million in equity and loan loss allowances on hand to cover it. This gives United Bank of Union a Texas Ratio of 33.76% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
C-

The Texas Ratio for United Bank of Union increased slightly from 11.07% as of December 31, 2012 to 33.76% as of December 31, 2013, resulting in a negative change of 204.84%. This indicates that the balance sheet and financial strength for United Bank of Union has declined slightly in recent periods.

Deposit Growth

GRADE:
B+

In the past year, United Bank of Union has increased its total deposits by $5.92 million, resulting in 2.45% 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 United Bank of Union has shown is above average.

Capitalization

GRADE:
A

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. United Bank of Union has $297.29 million in assets with $34.83 million in equity, resulting in a capitalization level of 11.71%, which is excellent.

Institution Statistics

Overall
FDIC Certificate #14334
Year Established1934
Employees72
Primary RegulatorFDIC
Assets and Liabilities
Assets$297.29 million
Loans$214.15 million
Deposits$247.48 million
Equity Capital$30.11 million
Loan Loss Allowance$4.72 million
Unbacked Noncurrent Loans$11.05 million
Real Estate Owned$712,000
Historic Data - December 2012
Assets$280.26 million
Equity Capital$31.44 million
Loan Loss Allowance$4.46 million
Unbacked Noncurrent Loans$11.05 million
Real Estate Owned$1.69 million
Profit Margin - Quarterly
Net Interest Margin3.65%
Return on Assets1.37%
Return on Equity13.25%
Interest Income$12.36 million
Rates

Always verify rates and promotions with the bank or credit union. We are not United Bank of Union, we are a rate comparison website and can not provide official rates or promotions.

United Bank of Union Savings Account Rates

DetailsAPYMINMAXPRODUCT
0.50%$250k-Ultimate Savings
0.10%$25-Statement Savings

United Bank of Union Money Market Rates

DetailsAPYMINMAXPRODUCT
0.30%$250k-Money Market Account

United Bank of Union Checking Account Rates

DetailsAPYMINMAXPRODUCT
0.10%--Rebel Plus Checking
0.10%--Now Checking
0.10%--Seniority Checking

United Bank of Union CD Rates

DetailsAPYMINMAXPRODUCT
1.36%$500-60 Month CD
1.31%$500-60 Month Step - Up CD
1.16%$500-48 Month CD
1.00%$500-36 Month CD
0.95%$500-36 Month Step - Up CD
0.55%$500-24 Month CD
0.35%$500-12 Month CD
0.15%$500-91 Days CD
0.15%$500-6 Month CD
Locations


United Bank of Union Locations
Rebel Road Branch1440 Rebel RoadUnion, MO 63084
United Bank Of Union15 East Main StreetUnion, MO 63084
Union Branch210 Highway 50 WestUnion, MO 63084