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BankHealth

UNION COUNTY SAVINGS BANK

ELIZABETH, NEW JERSEY · FDIC Cert #12013

A
Health Score
88/100
$1.5B
Total Assets
$1.5B
Total Deposits
28.93%
Tier 1 Capital
Q2 2024
Report Date

Capital & Safety Analysis

Regulatory Status:Well-Capitalized

According to FDIC financial data, UNION COUNTY SAVINGS BANK holds a Tier 1 capital ratio of 28.93%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning UNION COUNTY SAVINGS BANK has a strong buffer to absorb potential losses.

Key Financial Metrics

0.29%
Nonperforming Loans
Low — healthy loan portfolio
81.14%
Liquidity Ratio
Strong — can meet withdrawal demands
-1.87%
Return on Assets
Negative — losing money
$1.5B
Domestic Deposits
Total domestic deposits held

What This Means For Your Money

UNION COUNTY SAVINGS BANK shows strong financial health indicators. With $1.5B 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 COUNTY SAVINGS BANK has a Bank Health Score of A (88/100). It holds a Tier 1 capital ratio of 28.93%, 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 COUNTY SAVINGS BANK holds $1.5B in total assets and $1.5B in total deposits. It is located in ELIZABETH, NEW JERSEY (FDIC Certificate #12013).

UNION COUNTY SAVINGS BANK has a Tier 1 capital ratio of 28.93%, classifying it as "Well-Capitalized." The nonperforming loan ratio is 0.29%, and the return on assets is -1.87%.

Yes. UNION COUNTY SAVINGS BANK is FDIC-insured (Certificate #12013). 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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