Union Bank (MI)

Overview / Commentary

www.ubmich.com

616-374-3278

933 Fourth Ave
Lake Odessa, MI 48849

Union Bank (MI) is headquartered in Lake Odessa and is the 49^th largest bank in the state of Michigan. It is also the 2,296^th largest bank in the nation. It was established in 1934 and as of December of 2021, it had grown to 66 employees at 8 locations. Union Bank (MI) has a B health rating.

View all posts from:

2021

1/18 - Union Bank (MI) 1-2-3 Rewards Checking Has Competitive Blended APY

Reviews

Write a Review

No reviews have been left for this bank yet. Be the first to review.

Health

Data as of Q4 2021

Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #	14722
Year Established	1934
Employees	66
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	0.56%
Return on Equity - YTD	7.95%
Annual Interest Income	$9.9MM

Assets and Liabilities
Assets	Q4 2021vs Q4 2020	$342.2MM$296.5MM
Loans	Q4 2021vs Q4 2020	$176.2MM$177.1MM
Deposits	Q4 2021vs Q4 2020	$312.5MM$270.2MM
Equity Capital	Q4 2021vs Q4 2020	$24.7MM$21.1MM
Loan Loss Allowance	Q4 2021vs Q4 2020	$2.3MM$2.5MM
Unbacked Noncurrent Loans	Q4 2021vs Q4 2020	$4.2MM$2.2MM
Real Estate Owned	Q4 2021vs Q4 2020	$0$169.00K

Rates

Skip to rates for:

Savings
Money Market
Checking
CD

Report an Issue

Always verify rates and promotions with the bank or credit union. We are not Union Bank (MI); we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Union Bank (MI) Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.15%^*	$25k^*	-	Life Savings
OTHER TIERS: 0.05% → Up to $200 \| 0.08% → $200 - $2.5k \| 0.10% → $2.5k - $25k
0.15%	-	-	Christmas Club Electronic
0.10%	-	-	Christmas Club Coupon Book

Union Bank (MI) Money Market Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.20%^*	$100k^*	$100k	Superior Savings Money Market
OTHER TIERS: 0.05% → Up to $5k \| 0.10% → $5k - $50k \| 0.15% → $50k - $100k

Union Bank (MI) Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME
3.05%^*	$15k^*	$25k	1-2-3 Rewards Checking
OTHER TIERS: 0.03% → $25k+ \| 0.05% → Up to $1k \| 1.51% → $1k - $15k
0.15%^*	$75k^*	$150k	Universal Premium Checking
OTHER TIERS: 0.05% → Up to $1k \| 0.08% → $1k - $15k \| 0.12% → $15k - $75k

Union Bank (MI) CD Rates

APY	MIN	MAX	ACCOUNT NAME
0.60%	$500	-	60 Month CD
0.50%	$500	-	48 Month CD
0.45%	$500	-	45 Month CD
0.40%	$500	-	36 Month CD
0.35%	$500	-	24 Month CD
0.35%	$500	-	30 Month CD
0.30%	$500	-	18 Month CD
0.25%	$500	-	12 Month CD
0.25%	$500	-	15 Month CD
0.20%	$500	-	182 Day CD
0.20%	$500	-	9 Month CD
0.10%	$500	-	91 Day CD

Locations

Union Bank (MI) Locations
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 Avenue	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

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.