Union Savings Bank (IL)

Overview / Commentary

www.unionsavingsbank.com

815-235-0800

223 West Stephenson Street
Freeport, IL 61032

Union Savings Bank (IL) is headquartered in Freeport and is the 229^th largest bank in the state of Illinois. It is also the 3,328^th largest bank in the nation. It was established in 1883 and as of September of 2019, it had grown to 53 employees at 5 locations. Union Savings Bank (IL)'s CD rates are 39% higher than the national average, and it has a B+ health rating.

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Health

B+

Data as of Q3 2019

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Health Grade Components

Overall
FDIC Certificate #	29121
Year Established	1883
Employees	53
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	0.44%
Return on Equity - YTD	4.34%
Annual Interest Income	$4.5MM

Assets and Liabilities
Assets	Q3 2019vs Q3 2018	$151.8MM$154.0MM
Loans	Q3 2019vs Q3 2018	$109.9MM$108.9MM
Deposits	Q3 2019vs Q3 2018	$134.6MM$136.6MM
Equity Capital	Q3 2019vs Q3 2018	$16.1MM$14.6MM
Loan Loss Allowance	Q3 2019vs Q3 2018	$827.00K$947.00K
Unbacked Noncurrent Loans	Q3 2019vs Q3 2018	$866.00K$473.00K
Real Estate Owned	Q3 2019vs Q3 2018	$85.00K$301.00K

Rates

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Savings
Money Market
Checking
CD
IRA

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

Union Savings Bank (IL) Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME
1.00%	-	-	Health Savings Account
0.89%	$100	-	College Fund Account CD
0.20%^*	$25k^*	-	Savings
OTHER TIERS: 0.10% → Up to $10k \| 0.15% → $10k - $25k

Union Savings Bank (IL) Money Market Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.40%^*	$100k^*	-	Money Market
OTHER TIERS: 0.10% → Up to $10k \| 0.20% → $10k - $25k \| 0.25% → $25k - $50k \| 0.30% → $50k - $100k

Union Savings Bank (IL) Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.20%^*	$50k^*	-	Community Partner Checking
OTHER TIERS: 0.10% → Up to $10k \| 0.15% → $10k - $50k
0.20%^*	$50k^*	-	Business Checking
OTHER TIERS: 0.10% → Up to $10k \| 0.15% → $10k - $50k
0.20%^*	$50k^*	-	Advantage Checking
OTHER TIERS: 0.10% → Up to $10k \| 0.15% → $10k - $50k
0.10%	-	-	Rewards Checking

Union Savings Bank (IL) CD Rates

APY	MIN	MAX	ACCOUNT NAME
1.75%	$5k	-	23 Month CD Special
1.75%	$1k	-	18 Month CD Special
1.51%	$1k	-	15 Month CD
1.40%	$1k	-	60 Month CD
1.30%	$1k	-	48 Month CD
1.25%	$1k	-	12 Month CD
1.25%	$1k	-	42 Month CD
1.25%	$5k	-	14 Month CD
1.20%	$1k	-	36 Month CD
1.20%	$5k	-	35 Month CD
1.15%	$1k	-	30 Month CD
1.10%	$5k	-	9 Month CD
1.10%	$5k	-	27 Month One Way CD
1.05%	$1k	-	24 Month CD
1.00%	$1k	-	21 Month CD
0.85%^*	$25k^*	-	182 Day CD
OTHER TIERS: 0.75% → $1k - $10k \| 0.80% → $10k - $25k
0.60%	$1k	-	91 Day CD

Union Savings Bank (IL) IRA Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
1.16%	$10	-	1.5 Year Variable Rate IRA
1.15%	$10	-	30 Month Fixed Rate IRA

Locations

Union Savings Bank (IL) Locations
1320 North State Street Branch	1320 North State Street	Belvidere, IL 61008
Mount Morris Branch	2 West Main Street	Mount Morris, IL 61054
203 N Alpine Road Branch	203 North Alpine Road	Rockford, IL 61107
Union Savings Bank	223 West Stephenson Street	Freeport, IL 61032
715 W South St Branch	715 West South Street	Freeport, IL 61032

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