Union State Bank of West Salem

Overview / Commentary
120 South Mill Street
West Salem, WI 54669

Union State Bank of West Salem is headquartered in West Salem and is the 154th largest bank in the state of Wisconsin. It is also the 3,883rd largest bank in the nation. It was established in 1903 and as of March of 2022, it had grown to 18 employees at 2 locations. Union State Bank of West Salem has a B+ health rating.


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Health Grade Components

FDIC Certificate #14560
Year Established1903
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.91%
Return on Equity - YTD10.02%
Annual Interest Income$925.00K
Assets and Liabilities
AssetsQ1 2022vs Q1 2021$113.1MM$134.7MM
LoansQ1 2022vs Q1 2021$60.5MM$65.2MM
DepositsQ1 2022vs Q1 2021$96.8MM$116.8MM
Equity CapitalQ1 2022vs Q1 2021$9.5MM$11.1MM
Loan Loss AllowanceQ1 2022vs Q1 2021$802.00K$954.00K
Unbacked Noncurrent LoansQ1 2022vs Q1 2021$46.00K$1.3MM
Real Estate OwnedQ1 2022vs Q1 2021$0$0
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Union State Bank of West Salem Checking Account Rates

3.04%*-$15kUltimate Checking
OTHER TIERS: 0.05% $15k+

Union State Bank of West Salem Locations
Union State Bank Of West Salem120 Mill St SWest Salem, WI 54669
Union Station BranchHwy 16 and Cty MWest Salem, WI 54669

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