Union Bank & Trust Company

Headquarters

102 West Mccloy
Monticello, AR 71655
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.10% 1.25% →
1-Year CD 0.55% 0.70% →
2-Year CD 0.60% 0.75% →
5-Year CD N.A. 1.15% →
30-Year Mortgage N.A. 2.72% →
15-Year Mortgage N.A. 2.36% →
HELOC N.A. 2.79% →

2021 Overview

General Bank Information

Union Bank & Trust Company is an FDIC insured institution located in Monticello, AR. It was founded in 1887 and has approximately $0.25 billion in assets. Customers can open an account at one of its 4 branches.

FDIC Insured Yes
FDIC Certificate # 1753
Date Established 1887
Assets $ 250.41 million
Loans $ 188.96 million
Deposits $ 214.04 million
Capital $ 24.97 million
 

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

Deposit Rates - June 12, 2021

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates APY MIN MAX
Savings
0.10% $2,500 $4,999 Learn More
CD Rates APY MIN MAX
6 Mo CD
0.35% $10,000 $14,999 Learn More
6 Mo CD
0.35% $100,000 $199,999 Learn More
12 Mo CD
0.55% $10,000 $14,999 Learn More
12 Mo CD
0.55% $100,000 $199,999 Learn More
24 Mo CD
0.60% $10,000 $14,999 Learn More
24 Mo CD
0.60% $100,000 $199,999 Learn More
36 Mo CD
0.75% $10,000 $14,999 Learn More
36 Mo CD
0.75% $100,000 $199,999 Learn More

Int Checking Rates APY MIN MAX
Int Ckg
0.10% $2,500 $3,499 Learn MoreShow Less
 

Loan Rates - June 12, 2021

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Union Bank & Trust Company

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 2021

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Payment
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NMLS ID: 3030
3.368% 3.250%
1.00 points
$3,750 fees
$1,089 Learn More
CIT Bank
NMLS ID: 541760
2.945% 2.875%
0.88 points
$2,268 fees
$1,038 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2021

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loan
Third Federal Savings and Loan
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2.240 %
$0 Learn More
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Bethpage Federal Credit Union
Bethpage Federal Credit Union
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Intro APR 2.990 %
After Intro: 3.750 %
Intro Period: 12 months
$25,000 Learn More
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BMO Harris Bank
BMO Harris Bank
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Intro APR 1.990 %
After Intro: 4.840 %
Intro Period: 12 months
$0 Learn More
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Note to Union Bank & Trust Company
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Branches

Union Bank & Trust Company 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


Union Bank & Trust Company Locations


Financial Details

Union Bank & Trust Company Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Union Bank & Trust Company. 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
Union Bank & Trust Company U.S. Bank Average
0.84% 5.49%

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, 2020, Union Bank & Trust Company had $115,000 in non-current loans and $116,000 in owned real estate. To cover these potential losses it had $24,971,000 in equity and $2,470,000 in loans loss reserves. That gives it a Texas Ratio of 0.84%.

Return on Equity
Union Bank & Trust Company U.S. Bank Average
18.01% 9.24%

Union Bank & Trust Company has a Return on Equity of 18.01% versus the BestCashCow average of 9.24%. 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
Union Bank & Trust Company U.S. Bank Average
9.97% 11.96%

Union Bank & Trust Company has a Capitalization of 9.97% versus the BestCashCow average of 11.96. 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.

Union Bank & Trust Company Balance Sheet Analysis

As of December 31, 2020, Union Bank & Trust Company had assets of $250,411,000, loans of $188,964,000, and deposits of $214,040,000. 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, 2020
ASSETS
Cash & Balances due from depository institutions $ 16.15 million
Interest-bearing balances $ 10.87 million
Total securities $ 31.82 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 188.96 million
Loan loss allowance $ 2.47 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 0.12 million
Goodwill and other intangibles N.A.
All other assets $ 9.64 million
     Total Assets $ 225.44 million
LIABILITIES
Total deposits $ 214.04 million
      Interest-bearing deposits $ 165.01 million
      Deposits held in domestic offices $ 214.04 million
      % insured (estimated) 77.89%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds $ 9.69 million
Subordinated debt N.A.
All other liabilities $ 1.71 million
      Total Liabilities $ 225.44 million
      Shareholders’ Equity $ 24.97 million

Summary Income Statement

December 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 9.85 million
Total Interest Expense $ 1.58 million
Net interest income $ 8.27 million
Provision for loan and lease losses $ 0.79 million
Total non interest income $ 3.00 million
Total non interest expense $ 6.22 million
Pre-tax Net Operating Income $ 4.26 million

Bank Loan Profile?

The top three loan types in Union Bank & Trust Company’s loan portfolio are Commercial and Industrial Loans, 1-4 Family Residential Loans, and Commercial Real Estate.

Compared to other banks in Arkansas, Union Bank & Trust Company has a significantly higher percent of Multifamily Mortgages, Commercial and Industrial 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 24.95
Multifamily
Mortgages
6.88
Credit Card Loans 0.00
Consumer Auto Loans 2.94
Small Business Loans 11.18
Construction and Development Loans 10.23
Commercial Real Estate 22.88
Commercial and Industrial Loans 27.67
Farm Loans 0.56

Frequently Asked Questions About Union Bank & Trust Company

Branches and Savings

Is Union Bank & Trust Company FDIC insured?

Yes. It is covered under FDIC Certificate #1753.

Why does Union Bank & Trust Company pay such low interest on savings accounts?

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

Why are Union Bank & Trust Company CD rates not competitive?

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

Is Union Bank & Trust Company a commercial bank?

Yes

Where are Union Bank & Trust Company locations?

See branch locations nearby.

Is Union Bank & Trust Company open on Saturdays?

Is Union Bank & Trust Company open on Sundays?

What time does Union Bank & Trust Company open?

What time does Union Bank & Trust Company close?

Are Union Bank & Trust Company ATMs Open 24/7?

Do Union Bank & Trust Company ATMs accept cash deposits?

Can Union Bank & Trust Company customers use other ATMs?

Do Union Bank & Trust Company branches have notaries?

Will Union Bank & Trust Company notarize my document?

What address for Union Bank & Trust Company should I put for incoming ACH transfers?

Will the Union Bank & Trust Company branch print checks?

Do Union Bank & Trust Company checks expire?

Does Union Bank & Trust Company require US citizenship to open account?

Can Union Bank & Trust Company close my account?

Does Union Bank & Trust Company Report to credit bureaus?

Does Union Bank & Trust Company Use Equifax?

What is Union Bank & Trust Company's ACH Routing Number?

What is Union Bank & Trust Company's SWIFT code?

Products

Does Union Bank & Trust Company offer mortgages?

Compare mortgage rates here.

Does Union Bank & Trust Company offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Union Bank & Trust Company offer personal loans?

Compare personal loan rates here.

Does Union Bank & Trust Company offer student loans?

Will Union Bank & Trust Company cash a check?

Will Union Bank & Trust Company redeem a savings bond?

Does Union Bank & Trust Company cash savings bonds?

Will Union Bank & Trust Company cash money orders?

Can Union Bank & Trust Company issue a money order?

Does Union Bank & Trust Company do currency exchange?

Background on The Bank

Who owns Union Bank & Trust Company?

How long has Union Bank & Trust Company been around?

Can Union Bank & Trust Company transfer to other banks?

Does Union Bank & Trust Company have quick pay?

Does Union Bank & Trust Company accept rolled coins?

Will Union Bank & Trust Company accept loose change?

Where is Union Bank & Trust Company headquarters?

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