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BankHealth

UNION SAVINGS&LOAN ASSN

CONNERSVILLE, INDIANA · FDIC Cert #29933

D
Health Score
39/100
$243M
Total Assets
$217M
Total Deposits
0.00%
Tier 1 Capital
Q2 2024
Report Date

Capital & Safety Analysis

Regulatory Status:Critically Undercapitalized

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

Key Financial Metrics

0.78%
Nonperforming Loans
Low — healthy loan portfolio
12.91%
Liquidity Ratio
Adequate liquidity
0.99%
Return on Assets
Low profitability
$217M
Domestic Deposits
Total domestic deposits held

What This Means For Your Money

UNION SAVINGS&LOAN ASSN shows some financial weakness with a Health Score of 39/100. 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 SAVINGS&LOAN ASSN has a Bank Health Score of D (39/100). 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 SAVINGS&LOAN ASSN holds $243M in total assets and $217M in total deposits. It is located in CONNERSVILLE, INDIANA (FDIC Certificate #29933).

UNION SAVINGS&LOAN ASSN has a Tier 1 capital ratio of 0.00%, classifying it as "Critically Undercapitalized." The nonperforming loan ratio is 0.78%, and the return on assets is 0.99%.

Yes. UNION SAVINGS&LOAN ASSN is FDIC-insured (Certificate #29933). 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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