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 143rd largest bank in the state of Wisconsin. It is also the 3,769th largest bank in the nation. It was established in 1903 and as of September of 2023, it had grown to 18 employees at 2 locations. Union State Bank of West Salem's money market rates are 5X the national average, and it has a B health rating.


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Health Grade Components

FDIC Certificate #14560
Year Established1903
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.38%
Return on Equity - YTD4.82%
Annual Interest Income$3.2MM
Assets and Liabilities
AssetsQ3 2023vs Q3 2022$111.5MM$111MM
LoansQ3 2023vs Q3 2022$67.3MM$64.6MM
DepositsQ3 2023vs Q3 2022$91.2MM$96.1MM
Equity CapitalQ3 2023vs Q3 2022$8.3MM$8.2MM
Loan Loss AllowanceQ3 2023vs Q3 2022$786K$824K
Unbacked Noncurrent LoansQ3 2023vs Q3 2022$189K$43K
Real Estate OwnedQ3 2023vs Q3 2022$0$0
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Union State Bank of West Salem Money Market Rates

2.02%*$250k*-Money Market
OTHER TIERS: 0.20% Up to $2.5k | 1.16% $2.5k+ | 1.26% $10k - $25k | 1.46% $25k - $50k | 1.61% $50k - $100k | 1.92% $100k - $250k

Union State Bank of West Salem Checking Account Rates

4.07%*-$15kUltimate Checking
OTHER TIERS: 0.20% $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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