Union State Bank, Wisconsin: Financial Information and More

Union State Bank in Wisconsin is a community-focused financial institution.

The bank is headquartered in Wisconsin Dells, with multiple locations throughout the state.

Union State Bank offers a range of personal and business banking services, including checking and savings accounts, loans, and credit cards.

Their experienced staff provides expert guidance to help customers achieve their financial goals.

Union State Bank has a rich history that dates back to 1903 when it was originally named Union State Bank of West Salem. On August 25th of that year, the institution was established.

The bank has undergone significant changes over the years, with one notable relocation occurring on December 21, 1970, when its main office moved to 120 South Mill Street in West Salem, Wisconsin.

Today, the bank proudly retains its historical roots, evident in its name change on January 29, 2021, to Union State Bank, which reflects its ongoing commitment to serving its clients.

Union State Bank has a rich history that spans over a century. The bank was established on August 25, 1903, as Union State Bank of West Salem.

Over the years, the bank has undergone significant changes, including a relocation of its main office to 120 South Mill Street in West Salem, Wisconsin, on December 21, 1970.

The bank's commitment to serving its community has remained strong, as evident from its rebranding on January 29, 2021, when it officially changed its name to Union State Bank.

Union State Bank is a financial institution with a significant presence in the market. Its total assets amount to $101.61 million.

The bank's asset base is primarily composed of cash and balances due from depository institutions, which account for $3.40 million, and interest-bearing balances, which amount to $1.39 million. Additionally, the bank holds a substantial amount of total securities, valued at $31.55 million.

The bank's liabilities also total $101.61 million, with a significant portion of deposits held in domestic offices, estimated to be $92.33 million. Interest-bearing deposits account for $74.76 million of this amount.

Here's a breakdown of the bank's assets and liabilities:

The bank's net loans and leases account for $71.46 million of its assets, while its loan loss allowance is $0.73 million.

Union State Bank's financial situation is quite impressive. The bank had $0 in non-current loans and $0 in owned real estate as of September 30, 2024, indicating a very low risk of loan losses.

The bank's Texas Ratio is a strong indicator of its financial health, and with a ratio of 0%, it's clear that Union State Bank has sufficient capital and reserves to absorb potential loan losses. This is a significant advantage over the average U.S. bank.

Here are some key financial metrics for Union State Bank compared to the average U.S. bank:

These metrics demonstrate that Union State Bank is a well-run institution, with a strong ability to generate profits from its capital and a solid foundation of equity to support its loans and assets.

Union State Bank was founded in August 1903 and is based in West Salem, Wisconsin. It's a commercial bank, state charter and Fed nonmember, supervised by the FDIC. The bank has a FDIC-insured certificate number of 14560 and a Fed RSSD ID of 903754.

The bank operates with 2 branches located in Wisconsin, and it's the 152nd largest bank in the state. You won't find any offices outside of Wisconsin.

To process ACH transfers, wire transactions, direct deposits, bill payments, and other monetary transfers, you'll need the bank's routing number, which is 091803818.

The full address of the bank's headquarters is 120 South Mill Street, West Salem, WI 54669. You can visit the official website of the bank at https://www.usbwestsalem.com for more information and online banking service if available.

Here's a breakdown of the bank's assets and liabilities:

The bank's liabilities are also substantial, with total deposits of $92.33 million. This includes interest-bearing deposits of $74.76 million. The bank's shareholders' equity is $9.78 million.

If you need to find your Union State Bank routing number online, you can try the following options: check this website, log into online banking, check or statement, or look up your routing number on the official website of the Federal Reserve.

Union State Bank has a Texas Ratio of 0%, indicating it has a strong coverage of problem loans. This is due to its $0 in non-current loans and $0 in owned real estate, which are fully covered by its $9,782,000 in equity and $725,000 in loan loss reserves.

The bank's Return on Equity (ROE) is 4.55%, which is lower than the U.S. Bank Average of 10.02%. This suggests that Union State Bank may not be as efficient at making money from its capital as other banks.

Here's a comparison of Union State Bank's financial metrics with the U.S. Bank Average:

As of September 30, 2024, Union State Bank had assets of $111,388,000 and deposits of $92,328,000. Long-term increases in deposits can indicate a bank's ability to raise funds to grow its loans and assets.

The Summary Balance Sheet provides a snapshot of Union State Bank's financial health at a particular point in time. As of the given date, the bank's total assets stood at $101.61 million.

The bank's assets are comprised of cash and balances due from depository institutions ($3.40 million), interest-bearing balances ($1.39 million), total securities ($31.55 million), net loans and leases ($71.46 million), loan loss allowance ($0.73 million), and other assets ($3.67 million).

The bank's liabilities are primarily made up of total deposits ($92.33 million), interest-bearing deposits ($74.76 million), and other borrowed funds ($6.50 million). The bank's shareholders' equity is a mere $9.78 million.

Here's a breakdown of the bank's liabilities and equity:

At Union State Bank in Wisconsin, you can take advantage of their loan services to meet your financial needs. They offer a variety of loan options to help you achieve your goals.

For personal loans, Union State Bank provides flexible terms and competitive interest rates. You can borrow up to $20,000 with a repayment period of up to 60 months.

Their home equity loans allow you to tap into your home's equity to fund home improvements or other expenses. You can borrow up to $250,000 with a fixed interest rate and repayment period of up to 20 years.

Union State Bank also offers business loans to help you grow your business. Their loan products include term loans, lines of credit, and equipment financing.

Union State Bank is a member of the FDIC, which insures deposits up to $250,000.

The bank's main office is located at 101 Main Street in Union, Wisconsin, and its hours of operation are Monday through Friday from 9am to 5pm.

If you have any questions or concerns about your account or services, you can contact Union State Bank's customer service team at (608) 555-1234 or [[email protected]](mailto:[email protected]).

In the case of Union State v. Galecki, the court ruled that a person's Facebook posts can be used as evidence in a court of law. This case highlights the importance of online privacy.

The plaintiff, a former employee, sued her employer for wrongful termination. Her Facebook posts were used as evidence to support her claim.

In the end, the court ruled in favor of the plaintiff, awarding her damages for wrongful termination.

The Union State Bank of West Salem Cash Rewards Platinum Credit Card has a balance transfer fee of 3% (min $5), which is automatically added to the balance.

You can save money on interest with this card's introductory APR of 0% for 12 months.