Citizens Union Bank of Shelbyville

Headquarters

1854 Midland Trail
Shelbyville, KY 40065
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.15% 1.40% →
1-Year CD 0.55% 1.15% →
2-Year CD 0.75% 1.26% →
5-Year CD 1.00% 1.60% →
30-Year Mortgage 4.27% 3.09% →
15-Year Mortgage 3.53% 2.59% →
HELOC N.A. 2.77% →

2020 Overview

General Bank Information

Citizens Union Bank of Shelbyville is an FDIC insured institution located in Shelbyville, KY. It was founded in 1888 and has approximately $0.86 billion in assets. Customers can open an account at one of its 18 branches.

FDIC Insured Yes
FDIC Certificate # 5840
Date Established 1888
Assets $ 855.18 million
Loans $ 657.24 million
Deposits $ 689.60 million
Capital $ 99.49 million
 

For a more detailed analysis of Citizens Union Bank of Shelbyville's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Deposit Rates - July 2, 2020

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates APY MIN MAX
Savings
0.10% $50 - Learn More
Special: SAV
0.15% $1,000 - Learn More
Money Market
0.15% $2,500 $9,999 Learn More
Money Market
0.15% $10,000 $24,999 Learn More
Money Market
0.15% $25,000 $99,999 Learn More
CD Rates APY MIN MAX
6 Mo CD
0.40% $2,500 - Learn More
12 Mo CD
0.55% $2,500 - Learn More
Special: 15 Mo CD
0.50% $2,500 - Learn More
18 Mo CD
0.65% $2,500 - Learn More
Special: 21 Mo CD
0.55% $2,500 - Learn More
24 Mo CD
0.75% $2,500 - Learn More
30 Mo CD
0.75% $2,500 - Learn More
36 Mo CD
1.00% $2,500 - Learn More
48 Mo CD
1.00% $2,500 - Learn More
60 Mo CD
1.00% $2,500 - Learn More

Fixed IRA Rates APY MIN MAX
Fixed IRA
0.55% $1,000 - Learn MoreShow Less
Special: 15 Mo FIRA
0.50% $1,000 - Learn MoreShow Less
Special: 21 Mo FIRA
0.55% $1,000 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.05% $50 $2,499 Learn MoreShow Less
Int Ckg
0.10% $2,500 - Learn MoreShow Less

Loan Rates - July 2, 2020

Your Current Location: Connecticut, CT 06828

Refinance Mortgage Rates APR Rate Monthly Payment
Purchase Mortgage Rates APR Rate Monthly Payment

Monthly payments for mortgage products are based on a loan amount of $200,000. Home equity monthly payments are based on a loan amount of $50,000. Auto loan monthly payments are based on a loan amount of $25,000. Rates for each product are based on a variety of factors including credit score and loan amount. For specific requirements please check with the lender. Rates may change at any time.

Branches

Citizens Union Bank of Shelbyville branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Fairfield,Connecticut


Citizens Union Bank of Shelbyville Locations


Financial Details

Citizens Union Bank of Shelbyville Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Citizens Union Bank of Shelbyville. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
Citizens Union Bank of Shelbyville U.S. Bank Average
6.46% 6.51%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of December 31, 2019, Citizens Union Bank of Shelbyville had $6,007,000 in non-current loans and $900,000 in owned real estate. To cover these potential losses it had $99,492,000 in equity and $7,391,000 in loans loss reserves. That gives it a Texas Ratio of 6.46%.

Return on Equity
Citizens Union Bank of Shelbyville U.S. Bank Average
9.18% 9.41%

Citizens Union Bank of Shelbyville has a Return on Equity of 9.18% versus the BestCashCow average of 9.41%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Capitalization
Citizens Union Bank of Shelbyville U.S. Bank Average
11.63% 12.82%

Citizens Union Bank of Shelbyville has a Capitalization of 11.63% versus the BestCashCow average of 12.82. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

Citizens Union Bank of Shelbyville Balance Sheet Analysis

As of December 31, 2019, Citizens Union Bank of Shelbyville had assets of $855,175,000, loans of $657,239,000, and deposits of $689,596,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Summary Balance Sheet

December 31, 2019
ASSETS
Cash & Balances due from depository institutions $ 85.38 million
Interest-bearing balances $ 73.75 million
Total securities $ 61.08 million
Federal funds sold and reverse repurchase $ 4.40 million
Net loans and leases $ 657.24 million
Loan loss allowance $ 7.39 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 0.90 million
Goodwill and other intangibles $ 3.40 million
All other assets $ 20.32 million
     Total Assets $ 755.68 million
LIABILITIES
Total deposits $ 689.60 million
      Interest-bearing deposits $ 540.65 million
      Deposits held in domestic offices $ 689.60 million
      % insured (estimated) 85.53%
Federal funds purchased and repurchase agreements $ 3.26 million
Trading liabilities N.A.
Other borrowed funds $ 55.80 million
Subordinated debt N.A.
All other liabilities $ 7.03 million
      Total Liabilities $ 755.68 million
      Shareholders’ Equity $ 99.49 million

Summary Income Statement

December 31, 2019
INCOME AND EXPENSES
Total Interest Income $ 39.59 million
Total Interest Expense $ 8.08 million
Net interest income $ 31.51 million
Provision for loan and lease losses $ 0.60 million
Total non interest income $ 7.16 million
Total non interest expense $ 25.95 million
Pre-tax Net Operating Income $ 12.11 million

Bank Loan Profile?

The top three loan types in Citizens Union Bank of Shelbyville’s loan portfolio are Commercial Real Estate, 1-4 Family Residential Loans, and Construction and Development Loans.

Compared to other banks in Kentucky, Citizens Union Bank of Shelbyville has a significantly higher percent of Multifamily Mortgages, Construction and Development Loans on its balance sheet, potentially indicating a specialty in that lending area.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 24.59
Multifamily
Mortgages
13.41
Credit Card Loans 0.00
Consumer Auto Loans 0.19
Small Business Loans 6.98
Construction and Development Loans 13.91
Commercial Real Estate 25.83
Commercial and Industrial Loans 11.43
Farm Loans 1.44

Frequently Asked Questions About Citizens Union Bank Of Shelbyville

Branches and Savings

Is Citizens Union Bank Of Shelbyville FDIC insured?

Yes. It is covered under FDIC Certificate #5840.

Why does Citizens Union Bank Of Shelbyville pay such low interest on savings accounts?

See the best online savings rates here. See the best local savings rates here.

Why are Citizens Union Bank Of Shelbyville CD rates not competitive?

See the best online CD rates here. See the best local CD rates here.

Is Citizens Union Bank Of Shelbyville a commercial bank?

Yes

Where are Citizens Union Bank Of Shelbyville locations?

See branch locations nearby.

Is Citizens Union Bank Of Shelbyville open on Saturdays?

Is Citizens Union Bank Of Shelbyville open on Sundays?

What time does Citizens Union Bank Of Shelbyville open?

What time does Citizens Union Bank Of Shelbyville close?

Are Citizens Union Bank Of Shelbyville ATMs Open 24/7?

Do Citizens Union Bank Of Shelbyville ATMs accept cash deposits?

Can Citizens Union Bank Of Shelbyville customers use other ATMs?

Do Citizens Union Bank Of Shelbyville branches have notaries?

Will Citizens Union Bank Of Shelbyville notarize my document?

What address for Citizens Union Bank Of Shelbyville should I put for incoming ACH transfers?

Will the Citizens Union Bank Of Shelbyville branch print checks?

Do Citizens Union Bank Of Shelbyville checks expire?

Does Citizens Union Bank Of Shelbyville require US citizenship to open account?

Can Citizens Union Bank Of Shelbyville close my account?

Does Citizens Union Bank Of Shelbyville Report to credit bureaus?

Does Citizens Union Bank Of Shelbyville Use Equifax?

What is Citizens Union Bank Of Shelbyville's ACH Routing Number?

What is Citizens Union Bank Of Shelbyville's SWIFT code?

Products

Does Citizens Union Bank Of Shelbyville offer mortgages?

Compare mortgage rates here.

Does Citizens Union Bank Of Shelbyville offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Citizens Union Bank Of Shelbyville offer personal loans?

Compare personal loan rates here.

Does Citizens Union Bank Of Shelbyville offer student loans?

Will Citizens Union Bank Of Shelbyville cash a check?

Will Citizens Union Bank Of Shelbyville redeem a savings bond?

Does Citizens Union Bank Of Shelbyville cash savings bonds?

Will Citizens Union Bank Of Shelbyville cash money orders?

Can Citizens Union Bank Of Shelbyville issue a money order?

Does Citizens Union Bank Of Shelbyville do currency exchange?

Background on The Bank

Who owns Citizens Union Bank Of Shelbyville?

How long has Citizens Union Bank Of Shelbyville been around?

Can Citizens Union Bank Of Shelbyville transfer to other banks?

Does Citizens Union Bank Of Shelbyville have quick pay?

Does Citizens Union Bank Of Shelbyville accept rolled coins?

Will Citizens Union Bank Of Shelbyville accept loose change?

Where is Citizens Union Bank Of Shelbyville headquarters?

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