Union Bank (MI) is headquartered in Lake Odessa and is the 48th largest bank in the state of Michigan. It is also the 2,406th largest bank in the nation. It was established in 1934 and as of June of 2022, it had grown to 77 employees at 8 locations. Union Bank (MI) has a B+ health rating.
Overall | |
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FDIC Certificate # | 14722 |
Year Established | 1934 |
Employees | 77 |
Primary Regulator | FDIC |
Profit Margin | |
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Return on Assets - YTD | 0.26% |
Return on Equity - YTD | 3.68% |
Annual Interest Income | $4.9MM |
Assets and Liabilities | ||
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Assets | Q2 2022vs Q2 2021 | $315.4MM$308.9MM |
Loans | Q2 2022vs Q2 2021 | $199.1MM$186.1MM |
Deposits | Q2 2022vs Q2 2021 | $288.4MM$282.3MM |
Equity Capital | Q2 2022vs Q2 2021 | $21.8MM$21.7MM |
Loan Loss Allowance | Q2 2022vs Q2 2021 | $2.7MM$2.6MM |
Unbacked Noncurrent Loans | Q2 2022vs Q2 2021 | $1.2MM$3.2MM |
Real Estate Owned | Q2 2022vs Q2 2021 | $0$19.00K |
Rates for Union Bank (MI) are currently being reviewed.
Union Bank (MI) Locations | ||
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Dimondale Branch | 127 East Rd | Dimondale, MI 48821 |
Westphalia Branch | 202 East Main Street | Westphalia, MI 48894 |
Mulliken Branch | 233 West Grand Ledge Highway | Mulliken, MI 48861 |
Hastings Branch | 529 West State Street | Hastings, MI 49058 |
Union Bank | 933 4th Ave | Lake Odessa, MI 48849 |
Drive-In Branch | 1150 Jordan Lake Street | Lake Odessa, MI 48849 |
Ada Branch | 523 Ada Drive, S.E. | Ada, MI 49301 |