Union Savings Bank

Freeport, IL
IDRSSD: 817477
Total Assets
$178.61M
Latest filing
Total Deposits
$163.06M
Latest filing
Net Interest Margin
3.32%
Profitability

Locations

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Main Office
Union Savings Bank
223 W Stephenson St
Freeport, IL 61032
Full Service - Brick and Mortar
Updated 11/14/2025Established 01/01/1883FDIC Certificate 41955

Branches (3)

Page 1 of 1
NameAddressCity / State
Union Savings Bank (Main)223 W Stephenson StFreeport, IL
1320 NORTH STATE STREET BRANCH1320 N State StBelvidere, IL
715 W SOUTH ST BRANCH715 W South StFreeport, IL
MOUNT MORRIS BRANCH1 W Hitt StMount Morris, IL
Showing 3 of 3

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

Institution Profile

Institution ClassState chartered stock savings banks / S&L
Primary RegulatorFDIC
Established Date01/01/1883
Community BankYes
Ownership TypeNot Mutual
ZIP61032
State and County Number17177
Subchapter S CorporationsNo
Trust PowersFull Trust Powers Granted
Federal Reserve ID Number07
Numeric code41
Insured by FDICInstitutions that are currently open and insured by the FDIC
Federal Reserve DistrictChicago
Core Based Statistical Area NameFreeport, IL

Operational Info

Number of Employees52
Domestic Offices4
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date08/31/2022
Date of Deposit Insurance08/09/1989
Primary Insurance AgencyDIF
Websitewww.unionsavingsbank.com
Data Updated11/14/2025
CERT29121
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$178.61M
Total Deposits$163.06M
Total Liabilities$164.98M
Total Equity Capital$13.63M
Net Income$140.00k
Net Loans and Leases$112.31M
Assets Per Employee ($Millions)$4.06M
Bank Premises and Fixed Assets$3.99M
Cash and Balances due from Depository Institutions$6.33M
Deposits Held in Domestic Offices$163.06M

Key Performance Ratios

Return on Assets (ROA)0.31%
Return on Equity (ROE)4.19%
Net Interest Margin3.32%
Efficiency Ratio90.55%
Tier 1 Risk-Based Capital Ratio15.504%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets7.631%
Earning Assets to total Assets95%

Income and Expense

Total Interest Income$1.93M
Total Noninterest Income$557.00k
Total Interest Expense$500.00k
Total Noninterest Expense$1.80M
Net Interest Income$1.43M
Pre-tax Net Operating Income$188.00k
Provision for Credit Losses$0
Discontinued Operations (Extraordinary Gains - Net)$0

Additional Financial Info

Goodwill and Other Intangibles$0
All Other Assets$0
Other Real Estate Owned$29.00k
Other borrowed funds$0
Federal Funds Sold & Reverse Repurchase Agreement$3.52M
Federal Funds Purchased and Repurchased Agreement$0
All Other Liabilities$1.92M
Total Liabilities and Capital$178.61M

Securities

Securities$49.74M
Available-for-sale debt securities$49.74M
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 Savings Bank?
$178.61M as of the latest filing.
How much are Union Savings Bank's total deposits?
$163.06M in total deposits.
Where is Union Savings Bank located?
Freeport, IL.
What is the Net Interest Margin?
3.32%.
How many domestic offices does it operate?
4.
When was it established?
01/01/1883.
What is the Return on Assets (ROA)?
0.31%.
How much are total loans and leases?
$112.31M (latest filing).
What is the total interest income (latest filing)?
$1.93M.