Union Bank (MI)


Overview / Commentary
616-374-3278
933 Fourth Ave
Lake Odessa, MI 48849

Union Bank (MI) is headquartered in Lake Odessa and is the 51st largest bank in the state of Michigan. It is also the 2,408th largest bank in the nation. It was established in 1934 and as of March of 2021, it had grown to 67 employees at 8 locations. Union Bank (MI) has a B health rating.

Related Posts

Union Bank (MI) 1-2-3 Rewards Checking Has Competitive Blended APY - 1/18/2021

Union Bank (MI) offers its 1-2-3 Rewards Checking account with a very competitive blended APY on a nationwide basis through its new Virtual Branch app.

Reviews

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



Health

Health Grade Components

Overall
FDIC Certificate #14722
Year Established1934
Employees67
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.56%
Return on Equity - YTD8.01%
Annual Interest Income$2.4MM
Assets and Liabilities
AssetsQ1 2021vs Q1 2020$312.2MM$199.6MM
LoansQ1 2021vs Q1 2020$183.9MM$152.7MM
DepositsQ1 2021vs Q1 2020$286.1MM$175.3MM
Equity CapitalQ1 2021vs Q1 2020$21.3MM$19.6MM
Loan Loss AllowanceQ1 2021vs Q1 2020$2.5MM$1.8MM
Unbacked Noncurrent LoansQ1 2021vs Q1 2020$3.7MM$2.7MM
Real Estate OwnedQ1 2021vs Q1 2020$171.00K$152.00K
Rates
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

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.25%--Christmas Club Electronic
0.20%*$25k*-Life Savings
OTHER TIERS: 0.10% Up to $200 | 0.12% $200 - $2.5k | 0.15% $2.5k - $25k
0.15%--Christmas Club Coupon Book

Union Bank (MI) Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.30%*$200k*-Superior Savings Money Market
OTHER TIERS: 0.10% Up to $50k | 0.15% $50k - $100k | 0.25% $100k - $100k

Union Bank (MI) Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
3.05%*$15k*$25k1-2-3 Rewards Checking
OTHER TIERS: 0.03% $25k+ | 0.05% Up to $1k | 1.51% $1k - $15k
0.20%*$75k*-Advantage Checking
OTHER TIERS: 0.10% Up to $1k | 0.12% $1k - $15k | 0.15% $15k - $75k

Union Bank (MI) CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
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 Branch127 East RdDimondale, MI 48821
Westphalia Branch202 East Main StreetWestphalia, MI 48894
Mulliken Branch233 West Grand Ledge HighwayMulliken, MI 48861
Hastings Branch529 West State StreetHastings, MI 49058
Union Bank933 4th AvenueLake Odessa, MI 48849
Drive-In Branch1150 Jordan Lake StreetLake Odessa, MI 48849
Ada Branch523 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.