Union State Bank of West Salem


Overview / Commentary
608-786-0600
120 South Mill Street
West Salem, WI 54669

Union State Bank of West Salem is headquartered in West Salem and is the 155th largest bank in the state of Wisconsin. It is also the 3,938th largest bank in the nation. It was established in 1903 and as of June of 2021, it had grown to 20 employees at 2 locations. Union State Bank of West Salem has an A health rating.

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Health

Health Grade Components

Overall
FDIC Certificate #14560
Year Established1903
Employees20
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.18%
Return on Equity - YTD12.28%
Annual Interest Income$2.1MM
Assets and Liabilities
AssetsQ2 2021vs Q2 2020$113.9MM$96.8MM
LoansQ2 2021vs Q2 2020$65.1MM$62.9MM
DepositsQ2 2021vs Q2 2020$90.5MM$77.7MM
Equity CapitalQ2 2021vs Q2 2020$11.6MM$11.1MM
Loan Loss AllowanceQ2 2021vs Q2 2020$1.0MM$850.00K
Unbacked Noncurrent LoansQ2 2021vs Q2 2020$1.2MM$917.00K
Real Estate OwnedQ2 2021vs Q2 2020$0$0
Rates
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Union State Bank of West Salem Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
3.04%*-$15kUltimate Checking
OTHER TIERS: 0.05% $15k+
Locations


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

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