United Midwest Savings Bank, National Association

101 South Main Street
De Graff, OH 43318

 

2019 Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 32441
Date Established 1889
Assets $0.28 billion
Loans $0.19 billion
Deposits $0.25 billion
Capital $0.03 billion

United Midwest Savings Bank, National Association is an FDIC insured institution located in De Graff, OH. It was founded in 1889 and has approximately $0.28 billion in assets. Customers can open an account at one of its 5 branches.

For a more detailed analysis of United Midwest Savings Bank, National Association's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Bank Loan Profile?

The top three loan types in United Midwest Savings Bank, National Association’s loan portfolio are Commercial Real Estate, Commercial and Industrial Loans, and 1-4 Family Residential Loans.

Compared to other banks in Ohio, United Midwest Savings Bank, National Association has a significantly higher percent of 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 16.66
Multifamily
Mortgages
0.10
Credit Card Loans 0.00
Consumer Auto Loans 0.00
Small Business Loans 9.44
Construction and Development Loans 1.54
Commercial Real Estate 28.98
Commercial and Industrial Loans 27.90
Farm Loans 0.02

Deposit Rates - April 21, 2019

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates APY MIN MAX
Money Market
0.25% $1,000 - Learn MoreShow Less
Money Market
0.50% $1,000 - Learn MoreShow Less
Premium Money Market Account
0.25% $1 $49,999 Learn MoreShow Less
Premium Money Market Account
0.50% $1 $49,999 Learn MoreShow Less
CD Rates APY MIN MAX
3 Mo CD
0.50% $500 - Learn MoreShow Less
3 Mo CD
1.00% $500 - Learn MoreShow Less
6 Mo CD
1.75% $500 - Learn MoreShow Less
6 Mo CD
1.00% $500 - Learn MoreShow Less
12 Mo CD
2.75% $500 - Learn MoreShow Less
12 Mo CD
2.50% $500 - Learn MoreShow Less
18 Mo CD
2.75% $500 - Learn MoreShow Less
18 Mo CD
2.85% $500 - Learn MoreShow Less
24 Mo CD
3.00% $500 - Learn MoreShow Less
36 Mo CD
3.25% $500 - Learn MoreShow Less
48 Mo CD
3.25% $500 - Learn MoreShow Less
60 Mo CD
3.25% $500 - Learn MoreShow Less

Fixed IRA Rates APY MIN MAX
Fixed IRA
2.75% $500 - Learn MoreShow Less
Fixed IRA
2.50% $500 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.10% $1,000 - Learn MoreShow Less
Int Ckg
0.15% $1,000 - Learn MoreShow Less
Int Ckg
0.25% $1,000 - Learn MoreShow Less

Loan Rates - April 21, 2019

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for United Midwest Savings Bank, National Association

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 2019

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
J.G. Wentworth Home Lending, LLC
NMLS ID: 2925
License#: MC-1875
4.030% 4.000% 0.38 $892 $1,194 Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
5.375% 5.375% 0.00 $0 $1,400 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2019

Lender APR (%)? Monthly Payment? Learn More
PenFed Credit Union
PenFed Credit Union
5.500 %
$0 Learn More
More Info
Third Federal Savings and Loans
Third Federal Savings and Loans
4.490 %
$0 Learn More
More Info

Note to United Midwest Savings Bank, National Association
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

United Midwest Savings Bank, National Association 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


United Midwest Savings Bank, National Association Locations


Financial Details

United Midwest Savings Bank, National Association Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of United Midwest Savings Bank, National Association. 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
United Midwest Savings Bank, National Association U.S. Bank Average
11.97% 6.97%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its the bank’s 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, 2018, United Midwest Savings Bank, National Association had $3,296,000 in non-current loans and $577,000 in owned real estate. To cover these potential losses it had $28,656,000 in equity and $3,705,000 in loans loss reserves. That gives it a Texas Ratio of 11.97%.

Return on Equity
United Midwest Savings Bank, National Association U.S. Bank Average
19% 8.80%

United Midwest Savings Bank, National Association has a Return on Equity of 19% versus the BestCashCow average of 8.80%. 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
United Midwest Savings Bank, National Association U.S. Bank Average
10.29% 12.29%

United Midwest Savings Bank, National Association has a Capitalization of 10.29% versus the BestCashCow average of 12.29. 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.

United Midwest Savings Bank, National Association Balance Sheet Analysis

As of December 31, 2018, United Midwest Savings Bank, National Association had assets of $278,415,000, loans of $189,875,000, and deposits of $246,445,000. 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, 2018
ASSETS
Cash & Balances due from depository institutions $0.06 billion
Interest-bearing balances $0.06 billion
Total securities $0.00 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $0.19 billion
Loan loss allowance $0.00 billion
Trading account assets $0.00 billion
Bank premises and fixed assets $0.00 billion
Other real estate owned $0.00 billion
Goodwill and other intangibles $0.00 billion
All other assets $0.01 billion
     Total Assets $0.25 billion
LIABILITIES
Total deposits $0.25 billion
      Interest-bearing deposits $0.24 billion
      Deposits held in domestic offices $0.25 billion
      % insured (estimated) 93.34%
Federal funds purchased and repurchase agreements $0.00 billion
Trading liabilities $0.00 billion
Other borrowed funds $0.00 billion
Subordinated debt $0.00 billion
All other liabilities $0.00 billion
      Total Liabilities $0.25 billion
      Shareholders’ Equity $0.03 billion

Summary Income Statement

December 31, 2018
INCOME AND EXPENSES
Total Interest Income $0.02 billion
Total Interest Expense $0.00 billion
Net interest income $0.01 billion
Provision for loan and lease losses $0.00 billion
Total non interest income $0.01 billion
Total non interest expense $0.02 billion
Pre-tax Net Operating Income $0.01 billion

Frequently Asked Questions About United Midwest Savings Bank, National Association

Branches and Savings

Is United Midwest Savings Bank, National Association FDIC insured?

Yes. It is covered under FDIC Certificate #32441.

Why does United Midwest Savings Bank, National Association pay such low interest on savings accounts?

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

Why are United Midwest Savings Bank, National Association CD rates not competitive?

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

Is United Midwest Savings Bank, National Association a commercial bank?

Yes

Where are United Midwest Savings Bank, National Association locations?

See branch locations nearby.

Is United Midwest Savings Bank, National Association open on Saturdays?

Is United Midwest Savings Bank, National Association open on Sundays?

What time does United Midwest Savings Bank, National Association open?

What time does United Midwest Savings Bank, National Association close?

Are United Midwest Savings Bank, National Association ATMs Open 24/7?

Do United Midwest Savings Bank, National Association ATMs accept cash deposits?

Can United Midwest Savings Bank, National Association customers use other ATMs?

Do United Midwest Savings Bank, National Association branches have notaries?

Will United Midwest Savings Bank, National Association notarize my document?

What address for United Midwest Savings Bank, National Association should I put for incoming ACH transfers?

Will the United Midwest Savings Bank, National Association branch print checks?

Do United Midwest Savings Bank, National Association checks expire?

Does United Midwest Savings Bank, National Association require US citizenship to open account?

Can United Midwest Savings Bank, National Association close my account?

Does United Midwest Savings Bank, National Association Report to credit bureaus?

Does United Midwest Savings Bank, National Association Use Equifax?

What is United Midwest Savings Bank, National Association's ACH Routing Number?

What is United Midwest Savings Bank, National Association's SWIFT code?

Products

Does United Midwest Savings Bank, National Association offer mortgages?

Compare mortgage rates here.

Does United Midwest Savings Bank, National Association offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does United Midwest Savings Bank, National Association offer personal loans?

Compare personal loan rates here.

Does United Midwest Savings Bank, National Association offer student loans?

Will United Midwest Savings Bank, National Association cash a check?

Will United Midwest Savings Bank, National Association redeem a savings bond?

Does United Midwest Savings Bank, National Association cash savings bonds?

Will United Midwest Savings Bank, National Association cash money orders?

Can United Midwest Savings Bank, National Association issue a money order?

Does United Midwest Savings Bank, National Association do currency exchange?

Background on The Bank

Who owns United Midwest Savings Bank, National Association?

How long has United Midwest Savings Bank, National Association been around?

Can United Midwest Savings Bank, National Association transfer to other banks?

Does United Midwest Savings Bank, National Association have quick pay?

Does United Midwest Savings Bank, National Association accept rolled coins?

Will United Midwest Savings Bank, National Association accept loose change?

Where is United Midwest Savings Bank, National Association headquarters?

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