Union Bank (MI) is headquartered in GRAND RAPIDS and is the 43rd largest bank in the state of Michigan. It is also the 2,207th largest bank in the nation. It was established in 1934 and as of March of 2025, it had grown to 95 employees at 9 locations. Union Bank (MI) has a C+ health rating.
Overall | |
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FDIC Certificate # | 14722 |
Year Established | 1934 |
Employees | 95 |
Primary Regulator | FDIC |
Profit Margin | |
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Return on Assets - YTD | 0.36% |
Return on Equity - YTD | 4.7% |
Annual Interest Income | $4.7MM |
Assets and Liabilities | ||
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Assets | Q1 2025vs Q1 2024 | $366.8MM$343.6MM |
Loans | Q1 2025vs Q1 2024 | $281.3MM$256.9MM |
Deposits | Q1 2025vs Q1 2024 | $297.1MM$285.2MM |
Equity Capital | Q1 2025vs Q1 2024 | $29MM$26.2MM |
Loan Loss Allowance | Q1 2025vs Q1 2024 | $3.8MM$3.4MM |
Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $5.4MM$241K |
Real Estate Owned | Q1 2025vs Q1 2024 | $0$0 |
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 |
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