UniBank

Headquarters

19315 Highway 99
Lynnwood, WA 98036
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.10% 1.40% →
1-Year CD 0.60% 1.15% →
2-Year CD 0.65% 1.26% →
5-Year CD 0.70% 1.56% →
30-Year Mortgage N.A. 3.09% →
15-Year Mortgage N.A. 2.59% →
HELOC N.A. 2.77% →

2020 Overview

General Bank Information

UniBank is an FDIC insured institution located in Lynnwood, WA. It was founded in 2006 and has approximately $0.35 billion in assets. Customers can open an account at one of its 4 branches.

FDIC Insured Yes
FDIC Certificate # 58407
Date Established 2006
Assets $ 347.44 million
Loans $ 241.41 million
Deposits $ 290.04 million
Capital $ 50.03 million
 

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

Deposit Rates - July 10, 2020

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates APY MIN MAX
Savings
0.10% $500 - Learn More
Money Market
0.10% $2,500 $49,999 Learn More
CD Rates APY MIN MAX
3 Mo CD
0.10% $1,000 - Learn More
6 Mo CD
0.40% $1,000 - Learn More
12 Mo CD
0.60% $1,000 - Learn More
18 Mo CD
0.60% $1,000 - Learn More
24 Mo CD
0.65% $1,000 - Learn More
36 Mo CD
0.65% $1,000 - Learn More
48 Mo CD
0.70% $1,000 - Learn More
60 Mo CD
0.70% $1,000 - Learn More

Int Checking Rates APY MIN MAX
Int Ckg
0.10% $2,500 - Learn MoreShow Less

Loan Rates - July 10, 2020

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for UniBank

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:




Featured - Virginia 30 Year Fixed Mortgage Rates 2020

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AimLoan.com
NMLS ID: 2890
License#: MC-3098
2.951% 2.875% 1.00 $2,460 $1,038 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loans
Third Federal Savings and Loans
2.990 %
$0 Learn More
More Info

Note to UniBank
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

UniBank 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:
Ashburn,Virginia


UniBank Locations


Financial Details

UniBank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of UniBank. 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
UniBank U.S. Bank Average
1.35% 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, UniBank had $714,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $50,034,000 in equity and $2,776,000 in loans loss reserves. That gives it a Texas Ratio of 1.35%.

Return on Equity
UniBank U.S. Bank Average
12.57% 9.41%

UniBank has a Return on Equity of 12.57% 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
UniBank U.S. Bank Average
14.4% 12.82%

UniBank has a Capitalization of 14.4% 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.

UniBank Balance Sheet Analysis

As of December 31, 2019, UniBank had assets of $347,435,000, loans of $241,412,000, and deposits of $290,040,000. 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 $ 38.75 million
Interest-bearing balances $ 36.96 million
Total securities $ 48.43 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 241.41 million
Loan loss allowance $ 2.78 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles $ 1.70 million
All other assets $ 10.91 million
     Total Assets $ 297.40 million
LIABILITIES
Total deposits $ 290.04 million
      Interest-bearing deposits $ 244.65 million
      Deposits held in domestic offices $ 290.04 million
      % insured (estimated) 63.55%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds $ 5.00 million
Subordinated debt N.A.
All other liabilities $ 2.36 million
      Total Liabilities $ 297.40 million
      Shareholders’ Equity $ 50.03 million

Summary Income Statement

December 31, 2019
INCOME AND EXPENSES
Total Interest Income $ 16.29 million
Total Interest Expense $ 3.78 million
Net interest income $ 12.51 million
Provision for loan and lease losses $ 0.39 million
Total non interest income $ 3.67 million
Total non interest expense $ 8.67 million
Pre-tax Net Operating Income $ 7.13 million

Bank Loan Profile?

The top three loan types in UniBank’s loan portfolio are Commercial Real Estate, Small Business Loans, and Commercial and Industrial Loans.

Compared to other banks in Washington, UniBank has a significantly higher percent of Commercial Real Estate 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 0.00
Multifamily
Mortgages
1.42
Credit Card Loans 0.00
Consumer Auto Loans 0.00
Small Business Loans 13.73
Construction and Development Loans 0.59
Commercial Real Estate 90.72
Commercial and Industrial Loans 7.50
Farm Loans 0.00

Frequently Asked Questions About Unibank

Branches and Savings

Is Unibank FDIC insured?

Yes. It is covered under FDIC Certificate #58407.

Why does Unibank pay such low interest on savings accounts?

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

Why are Unibank CD rates not competitive?

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

Is Unibank a commercial bank?

Yes

Where are Unibank locations?

See branch locations nearby.

Is Unibank open on Saturdays?

Is Unibank open on Sundays?

What time does Unibank open?

What time does Unibank close?

Are Unibank ATMs Open 24/7?

Do Unibank ATMs accept cash deposits?

Can Unibank customers use other ATMs?

Do Unibank branches have notaries?

Will Unibank notarize my document?

What address for Unibank should I put for incoming ACH transfers?

Will the Unibank branch print checks?

Do Unibank checks expire?

Does Unibank require US citizenship to open account?

Can Unibank close my account?

Does Unibank Report to credit bureaus?

Does Unibank Use Equifax?

What is Unibank's ACH Routing Number?

What is Unibank's SWIFT code?

Products

Does Unibank offer mortgages?

Compare mortgage rates here.

Does Unibank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Unibank offer personal loans?

Compare personal loan rates here.

Does Unibank offer student loans?

Will Unibank cash a check?

Will Unibank redeem a savings bond?

Does Unibank cash savings bonds?

Will Unibank cash money orders?

Can Unibank issue a money order?

Does Unibank do currency exchange?

Background on The Bank

Who owns Unibank?

How long has Unibank been around?

Can Unibank transfer to other banks?

Does Unibank have quick pay?

Does Unibank accept rolled coins?

Will Unibank accept loose change?

Where is Unibank headquarters?

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