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Union State Bank of West Salem


Overview / Commentary
www.usbwestsalem.com
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 158th largest bank in the state of Wisconsin. It is also the 3,989th largest bank in the nation. It was established in 1903 and as of December of 2020, it had grown to 18 employees at 2 locations. Union State Bank of West Salem has an A health rating.

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Health
A

Data as of Q4 2020

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Health Grade Components

Overall
FDIC Certificate #14560
Year Established1903
Employees18
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.57%
Return on Equity - YTD4.91%
Annual Interest Income$3.9MM
Assets and Liabilities
AssetsQ4 2020vs Q4 2019$106.5MM$89.6MM
LoansQ4 2020vs Q4 2019$68.9MM$62.4MM
DepositsQ4 2020vs Q4 2019$86.3MM$72.9MM
Equity CapitalQ4 2020vs Q4 2019$11.3MM$10.5MM
Loan Loss AllowanceQ4 2020vs Q4 2019$906.00K$737.00K
Unbacked Noncurrent LoansQ4 2020vs Q4 2019$1.5MM$1.6MM
Real Estate OwnedQ4 2020vs Q4 2019$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: 0.10% → $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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