UNION NB&T CO OF ELGIN
ELGIN, ILLINOIS · FDIC Cert #3661
Capital & Safety Analysis
According to FDIC financial data, UNION NB&T CO OF ELGIN holds a Tier 1 capital ratio of 18.03%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning UNION NB&T CO OF ELGIN has a strong buffer to absorb potential losses.
Key Financial Metrics
What This Means For Your Money
UNION NB&T CO OF ELGIN shows strong financial health indicators. With $354M in assets and a Health Score of 83/100, 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 NB&T CO OF ELGIN has a Bank Health Score of A (83/100). It holds a Tier 1 capital ratio of 18.03%, 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 NB&T CO OF ELGIN holds $354M in total assets and $313M in total deposits. It is located in ELGIN, ILLINOIS (FDIC Certificate #3661).
UNION NB&T CO OF ELGIN has a Tier 1 capital ratio of 18.03%, classifying it as "Well-Capitalized." The nonperforming loan ratio is 0.00%, and the return on assets is 2.07%.
Yes. UNION NB&T CO OF ELGIN is FDIC-insured (Certificate #3661). 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.