Union Bank and Trust Company (NE)
Union Bank and Trust Company (NE) is headquartered in Lincoln and is the 3rd largest bank in the state of Nebraska. It is also the 209th largest bank in the nation. It was established in 1917 and as of June of 2022, it had grown to 945 employees at 35 locations. Union Bank and Trust Company (NE) has an A health rating.
Used To Be A Great Bank
Online, UBTgo is the most complicated, user unfriendly banking system I have ever encountered. Their bill pay page is slow, is not connected to your transaction page and often does not pay the bill on a timely basis. UBT's computers have trouble posting transactions immediately and they can take days! The transaction page of UBTgo is hard to read and confusing. For online, I have a credit union option or I suggest First National Bank (of Omaha). UBT online banking stinks.
Data as of Q2 2022
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 13421 |
| Year Established | 1917 |
| Employees | 945 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.46% |
| Return on Equity - YTD | 15.76% |
| Annual Interest Income | $104.9MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2022vs Q2 2021 | $7.01B$5.97B |
| Loans | Q2 2022vs Q2 2021 | $4.63B$4.25B |
| Deposits | Q2 2022vs Q2 2021 | $5.58B$5.15B |
| Equity Capital | Q2 2022vs Q2 2021 | $631.2MM$582.3MM |
| Loan Loss Allowance | Q2 2022vs Q2 2021 | $98.2MM$87.4MM |
| Unbacked Noncurrent Loans | Q2 2022vs Q2 2021 | $22.7MM$25.7MM |
| Real Estate Owned | Q2 2022vs Q2 2021 | $0$2.7MM |
