Union State Bank
FDIC #14560
📍 West Salem, Wisconsin
Union State Bank is a commercial bank, state charter and fed nonmember, supervised by the fdic. established in 08/25/1903. With assets of $111.50 Million, it operates 2 domestic branches.
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Community Reinvestment Act (CRA) Rating
Latest Exam: October 1, 2023
What is CRA? The Community Reinvestment Act (CRA) is a federal law that encourages banks to help meet the credit needs of the communities in which they operate, including low- and moderate-income neighborhoods.
Rating History
October 1, 2023
Satisfactory
September 1, 2017
Satisfactory
January 1, 2011
Satisfactory
💰 Financial Strength
Total Assets$111.50 Million
Total Deposits$91.23 Million
Equity Capital$8.30 Million
Net Income$316,000
📈 Performance
ROA0.38%
ROE4.82%
Financial Terms:
ROA (Return on Assets): Measures profitability relative to size. 1.0%+ is good.
ROE (Return on Equity): Measures profitability for shareholders. 10%+ is strong.
ROA (Return on Assets): Measures profitability relative to size. 1.0%+ is good.
ROE (Return on Equity): Measures profitability for shareholders. 10%+ is strong.
📋 Corporate Structure
Established08/25/1903
FDIC Cert14560
Holding CoN/A
Parent CertNA - Not listed as a child of a larger bank.
Last ChangeAugust 31, 2022
Foreign Offices0
SAIF InsuredNo
State CharteredYes
📜 Institutional History
2021
Name Change
Name became: Changed Institution Name To Union State Bank.
2006
Relocation
Moved HQ to: 120 South Mill Street, West Salem, WI 54669.