Union County Savings Bank

Elizabeth, NJ
IDRSSD: 373601
Total Assets
$1.50B
Latest filing
Total Deposits
$1.36B
Latest filing
Net Interest Margin
-0.41%
Profitability
0

Quarterly Trends

Tooltip shows Quarter only. Download buttons export the chart only (CSV/PNG with white background).

Total Assets vs Total Liabilities

Loans & Leases vs Deposits

Interest Income vs Expense

Net Interest Income

Noninterest Expense vs Income

Net Income

Institution Profile

Institution ClassState chartered stock savings banks / S&L
Primary RegulatorFDIC
Established Date10/01/1883
Community BankYes
Ownership TypeMutual
ZIP07208
State and County Number34039
Subchapter S CorporationsNo
Trust PowersN/A
Federal Reserve ID Number02
Numeric code42
Insured by FDICInstitutions that are currently open and insured by the FDIC
Federal Reserve DistrictNew York
Core Based Statistical Area NameNew York-Newark-Jersey City, NY-NJ-PA

Operational Info

Number of Employees46
Domestic Offices4
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date08/31/2022
Date of Deposit Insurance01/01/1934
Primary Insurance AgencyDIF
Websitewww.unioncountysavings.com
Data Updated11/14/2025
CERT12013
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$1.50B
Total Deposits$1.36B
Total Liabilities$1.51B
Total Equity Capital$-9,314,000
Net Income$-5,148,000
Net Loans and Leases$289.21M
Assets Per Employee ($Millions)$32.7M
Bank Premises and Fixed Assets$11.23M
Cash and Balances due from Depository Institutions$140.76M
Deposits Held in Domestic Offices$1.36B

Key Performance Ratios

Return on Assets (ROA)-1.36%
Return on Equity (ROE)118.36%
Net Interest Margin-0.41%
Efficiency Ratio-264.91%
Tier 1 Risk-Based Capital Ratio23.523%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets-0.619%
Earning Assets to total Assets98.52%

Income and Expense

Total Interest Income$12.13M
Total Noninterest Income$151.00k
Total Interest Expense$13.67M
Total Noninterest Expense$3.68M
Net Interest Income$-1,539,000
Pre-tax Net Operating Income$-5,079,000
Provision for Credit Losses$14.00k
Discontinued Operations (Extraordinary Gains - Net)$0

Additional Financial Info

Goodwill and Other Intangibles$0
All Other Assets$0
Other Real Estate Owned$0
Other borrowed funds$0
Federal Funds Sold & Reverse Repurchase Agreement$0
Federal Funds Purchased and Repurchased Agreement$150.00M
All Other Liabilities$4.14M
Total Liabilities and Capital$1.50B

Securities

Securities$1.05B
Available-for-sale debt securities$1.05B
Equity securities with readily determinable fair values not held for trading$0
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 County Savings Bank?
$1.50B as of the latest filing.
How much are Union County Savings Bank's total deposits?
$1.36B in total deposits.
Where is Union County Savings Bank located?
Elizabeth, NJ.
What is the Net Interest Margin?
-0.41%.
How many domestic offices does it operate?
4.
When was it established?
10/01/1883.
What is the Return on Assets (ROA)?
-1.36%.
How much are total loans and leases?
$289.21M (latest filing).
What is the total interest income (latest filing)?
$12.13M.