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BankHealth

UNION BANKING CO

WEST MANSFIELD, OHIO · FDIC Cert #15326

A
Health Score
88/100
$52M
Total Assets
$43M
Total Deposits
35.73%
Tier 1 Capital
Q2 2024
Report Date

Capital & Safety Analysis

Regulatory Status:Well-Capitalized

According to FDIC financial data, UNION BANKING CO holds a Tier 1 capital ratio of 35.73%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning UNION BANKING CO has a strong buffer to absorb potential losses.

Key Financial Metrics

0.89%
Nonperforming Loans
Low — healthy loan portfolio
73.66%
Liquidity Ratio
Strong — can meet withdrawal demands
0.45%
Return on Assets
Low profitability
$43M
Domestic Deposits
Total domestic deposits held

What This Means For Your Money

UNION BANKING CO shows strong financial health indicators. With $52M in assets and a Health Score of 88/100, this bank demonstrates solid capital reserves, manageable loan risk, and adequate liquidity to serve its depositors.

Remember: FDIC insurance covers up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically have access to their funds within two business days.

Frequently Asked Questions

UNION BANKING CO has a Bank Health Score of A (88/100). It holds a Tier 1 capital ratio of 35.73%, which is above the 8% "well-capitalized" threshold. All deposits up to $250,000 per depositor are FDIC insured regardless of the bank's health.

UNION BANKING CO holds $52M in total assets and $43M in total deposits. It is located in WEST MANSFIELD, OHIO (FDIC Certificate #15326).

UNION BANKING CO has a Tier 1 capital ratio of 35.73%, classifying it as "Well-Capitalized." The nonperforming loan ratio is 0.89%, and the return on assets is 0.45%.

Yes. UNION BANKING CO is FDIC-insured (Certificate #15326). The FDIC insures deposits up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically regain access to funds within two business days.

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