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BankHealth

UNION FS&LA

KEWANEE, ILLINOIS · FDIC Cert #27767

D
Health Score
37/100
$151M
Total Assets
$127M
Total Deposits
0.00%
Tier 1 Capital
Q2 2024
Report Date

Capital & Safety Analysis

Regulatory Status:Critically Undercapitalized

According to FDIC financial data, UNION FS&LA holds a Tier 1 capital ratio of 0.00%. This falls below the 6% threshold regulators require, which may subject UNION FS&LA to additional regulatory scrutiny.

Key Financial Metrics

0.31%
Nonperforming Loans
Low — healthy loan portfolio
11.58%
Liquidity Ratio
Adequate liquidity
0.12%
Return on Assets
Low profitability
$127M
Domestic Deposits
Total domestic deposits held

What This Means For Your Money

UNION FS&LA shows some financial weakness with a Health Score of 37/100. This does not mean the bank will fail, but some financial indicators are below average. Your FDIC-insured deposits (up to $250,000) are fully protected by the US government.

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 FS&LA has a Bank Health Score of D (37/100). It holds a Tier 1 capital ratio of 0.00%, which is below the 8% "well-capitalized" threshold. All deposits up to $250,000 per depositor are FDIC insured regardless of the bank's health.

UNION FS&LA holds $151M in total assets and $127M in total deposits. It is located in KEWANEE, ILLINOIS (FDIC Certificate #27767).

UNION FS&LA has a Tier 1 capital ratio of 0.00%, classifying it as "Critically Undercapitalized." The nonperforming loan ratio is 0.31%, and the return on assets is 0.12%.

Yes. UNION FS&LA is FDIC-insured (Certificate #27767). 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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