Union Bank
Grand Rapids, MI
IDRSSD: 390840
Total Assets
$390.57M
Latest filing
Total Deposits
$319.22M
Latest filing
Net Interest Margin
4.15%
Profitability
Key People
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Locations
Main office and branches. Select to view on the map.
Main Office
Union Bank
670 Cascade West Pkwy Se
Grand Rapids, MI 49546
Full Service - Brick and Mortar
Updated 01/30/2026Established 01/01/1934FDIC Certificate 9210
Branches (8)
Page 1 of 2| Name | Address | City / State |
|---|---|---|
| Union Bank (Main) | 670 Cascade West Pkwy Se | Grand Rapids, MI |
| DIMONDALE BRANCH | 127 East Rd | Dimondale, MI |
| LAKE ODESSA BRANCH | 1150 Jordan Lake St | Lake Odessa, MI |
| MULLIKEN BRANCH | 233 W Grand Ledge Hwy | Mulliken, MI |
| WESTPHALIA BRANCH | 202 E Main St | Westphalia, MI |
| HASTINGS BRANCH | 529 W State St | Hastings, MI |
| ADA BRANCH | 523 Ada Dr Se | Ada, MI |
| UNION BANK MESSENGER SERVICE BRANCH | 523 Ada Dr Se | Ada, MI |
Showing 7 of 8
Quarterly Trends
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Total Assets vs Total Liabilities
Loans & Leases vs Deposits
Interest Income vs Expense
Net Interest Income
Noninterest Expense vs Income
Net Income
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Institution Profile
| Institution Class | Commercial bank, state charter, Fed non-member, and supervised by the FDIC |
| Primary Regulator | FDIC |
| Established Date | 01/01/1934 |
| Community Bank | Yes |
| Ownership Type | Not Mutual |
| ZIP | 49546 |
| State and County Number | 26081 |
| Subchapter S Corporations | No |
| Trust Powers | N/A |
| Federal Reserve ID Number | 07 |
| Numeric code | 21 |
| Insured by FDIC | Institutions that are currently open and insured by the FDIC |
| Federal Reserve District | Chicago |
| Core Based Statistical Area Name | Grand Rapids-Kentwood, MI |
Operational Info
| Number of Employees | 94 |
| Domestic Offices | 9 |
| Foreign Offices | 0 |
| US Offices | 0 |
| Directly owned by another bank (CERT) | No |
| Last Structure Change Effective Date | 10/09/2022 |
| Date of Deposit Insurance | 09/04/1934 |
| Primary Insurance Agency | DIF |
| Website | www.ubmich.com |
| Data Updated | 01/30/2026 |
| CERT | 14722 |
| Office of The Comptroller District: | — |
| Office of Thrift Supervision Region | N/A |
Financial Summary
| Total Assets | $390.57M |
| Total Deposits | $319.22M |
| Total Liabilities | $358.69M |
| Total Equity Capital | $31.88M |
| Net Income | $987.00k |
| Net Loans and Leases | $302.43M |
| Assets Per Employee ($Millions) | $4.2M |
| Bank Premises and Fixed Assets | $9.92M |
| Cash and Balances due from Depository Institutions | $11.23M |
| Deposits Held in Domestic Offices | $319.22M |
Key Performance Ratios
| Return on Assets (ROA) | 1.02% |
| Return on Equity (ROE) | 12.62% |
| Net Interest Margin | 4.15% |
| Efficiency Ratio | 80.82% |
| Tier 1 Risk-Based Capital Ratio | 9.56% |
| Net Loans and Leases to Core Deposits | 0% |
| Credit Loss Provision to Assets | -0.32% |
| Cash Dividends to Net Income (YTD Only) | 0% |
| Equity Capital to Assets | 8.161% |
| Earning Assets to total Assets | 90.71% |
Income and Expense
| Total Interest Income | $5.25M |
| Total Noninterest Income | $1.12M |
| Total Interest Expense | $1.62M |
| Total Noninterest Expense | $3.84M |
| Net Interest Income | $3.63M |
| Pre-tax Net Operating Income | $1.22M |
| Provision for Credit Losses | $-308,000 |
| Discontinued Operations (Extraordinary Gains - Net) | $0 |
Additional Financial Info
| Goodwill and Other Intangibles | $0 |
| All Other Assets | — |
| Other Real Estate Owned | $0 |
| Other borrowed funds | $29.00M |
| Federal Funds Sold & Reverse Repurchase Agreement | $15.29M |
| Federal Funds Purchased and Repurchased Agreement | $0 |
| All Other Liabilities | $10.48M |
| Total Liabilities and Capital | $390.57M |
Securities
| Securities | $35.95M |
| Available-for-sale debt securities | $35.95M |
| Equity securities with readily determinable fair values not held for trading | — |
| Held-to-maturity securities | $0 |
| Subordinated Debt | $0 |
| Trading Account Assets | $0 |
| Trading Liabilities | $0 |
Frequently Asked Questions
What are the total assets of Union Bank?
$390.57M as of the latest filing.
How much are Union Bank's total deposits?
$319.22M in total deposits.
Where is Union Bank located?
Grand Rapids, MI.
What is the Net Interest Margin?
4.15%.
How many domestic offices does it operate?
9.
When was it established?
01/01/1934.
What is the Return on Assets (ROA)?
1.02%.
How much are total loans and leases?
$302.43M (latest filing).
What is the total interest income (latest filing)?
$5.25M.