Union Federal Savings and Loan Association
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Data as of · sourced from FFIEC call reports. How we update
Union Federal Savings and Loan Association is an FDIC-insured savings institution headquartered in Kewanee, IL, established in 1890 (FDIC certificate 27767), and it is supervised by the OCC. At Q2 2026 it reported total assets of $145.6M, little changed from Q2 2025, the 230th largest of 319 banks headquartered in Illinois. It reports no CET1 ratio; its Tier 1 leverage ratio was 16.53% at Q2 2026, above the 9% community bank leverage ratio requirement for being considered well capitalized.
- Charter
- Savings institution
- Regulator
- OCC
- Deposit insurance
- FDIC
- FDIC certificate
- 27767
- Headquarters
- Kewanee, IL
- Established
- 1890
- Total assets, Q2 2026
- $145.6M
- Assets vs Q2 2025
- 0.0%
- Tier 1 leverage ratio, Q2 2026
- 16.53%
- Domestic offices
- 6 FDIC institution directory, current count
- Routing number
- 271172275
- Latest call report
- Q2 2026, FFIEC 051 · Union Federal Savings and Loan Association Q3 2026 call report, filed October 19, 2026 (preliminary)
- Asset rank in state
- 230th of 319 in Illinois
Union Federal Savings and Loan Association spends more to run itself than most banks of its size. It reported $146 million in assets at June 30, 2026. It earns about $0.40 a year on every $100 of assets, about a third the median of $1.28 for the 2,660 banks with $100 million to $1 billion in assets. It also spends about 87 cents to bring in each dollar of revenue, higher than about 9 in 10 banks its size (median 61 cents).
Earnings jumped: net income for the quarter was $144,000, 67% above the same quarter a year earlier. Over the same year, loans shrank 9.7% and deposits shrank 0.3%. Its margin is thin by comparison: it keeps 3.21 cents of net interest income on every dollar of earning assets, lower than about three-quarters of banks its size (median 3.95 cents).
As of June 30, 2026, Union Federal Savings and Loan Association reported a return on assets of 0.40%, a nonperforming-loan ratio of 0.51% and a Texas ratio of 2.27%. The figures come from its call report filed with the FFIEC.
By total assets at Q2 2026, Union Federal Savings and Loan Association is the 230th largest of the 319 banks headquartered in Illinois. Quarter on quarter (Q1 2026 to Q2 2026), its total assets fell 0.4% to $145.6M, loans fell 2.4% and deposits fell 0.5%. The largest part of its loan book on June 30, 2026 was 1-4 family residential loans, at 61.4% of total loans, ahead of multifamily loans at 31.3%. Its 6 offices in the FDIC Summary of Deposits are in 6 cities across 2 states; its Kewanee office books 56% of its branch deposits. By the capital ratios in its Q2 2026 call report, Union Federal Savings and Loan Association meets the community bank leverage ratio test for well capitalized.
Headquarters Profile
- Address
- 104 N Tremont St, Kewanee, IL 61443
- County
- Henry
- Metro Area
- Davenport-Moline-Rock Island, IA-IL
- Charter
- Federal savings bank, federal charter, OCC-supervised (pre-2011 OTS)
- Primary Regulator
- OCC
- FDIC Region
- Chicago (Region 9)
- Federal Reserve member
- —
- Federal Reserve district
- District 7, Chicago
- Fiduciary (trust) powers
- —
- Call Report form
- FFIEC 051
- Established
- January 1, 1890
- Domestic offices
- 6 FDIC institution directory, current count
- Employees (FTE)
- 33
- Domestic deposits
- $121.0M
- Allowance for credit losses
- $1.3M
- Net charge-offs (YTD)
- $186K
- Average total assets
- $145.6M
- Average total loans
- $111.8M
- Average interest-bearing deposits
- $118.2M
- Tax status
- C corporation
- Ownership
- Mutual
- Community bank
- Yes
- FDIC-insured since
- August 9, 1989
- FDIC Cert
- 27767
- Fed RSSD
- 656779
- Website
- www.myunionfederal.com →
Profitability
Q2 annualizedBalance Sheet
Income Statement
Operating & Funding
Ratios tagged annualized use the Q2 income alone. The UBPR and FDIC annualize the year to date instead. FDIC BankFind divides by the average of quarter-end total assets, the UBPR by RC-K average assets. The YTD margin is the UBPR's tax-equivalent figure over its own average earning assets; FDIC BankFind's margin is not tax-equivalent. As a community bank leverage ratio filer, Union Federal Savings and Loan Association reports no risk-based capital ratios; its Tier 1 leverage ratio applies. How we compute these figures
Quarterly trends
From Q3 2023 to Q2 2026, Union Federal Savings and Loan Association's total assets ranged from $144.9M (Q4 2025) to $152.1M (Q3 2023), and it earned a profit in all 12 quarters. The line under each chart compares Q2 2026 with Q2 2025. How these charts are built
$145.6M total assets against $145.6M; $121.9M total liabilities against $122.3M.
$109.9M net loans and leases against $121.7M; $121.0M total deposits against $121.3M.
$5.4M securities against $5.5M; $22.8M cash and balances due against $10.8M.
$1.6M total interest income against $1.6M; $484K total interest expense against $531K.
$1.1M net interest income against $1.1M.
$88K total noninterest income against $68K; $1.1M total noninterest expense against $1.1M.
-$26K provision for credit losses against -$57K.
$144K net income against $86K.
0.40% return on assets against 0.23%; 3.21% net interest margin against 3.04%.
16.53% tier 1 leverage ratio against 16.02%.
Inside the full Union Federal Savings and Loan Association terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, freeUnion Federal Savings and Loan Association rankings
Its closest position to the top of a national ranking is 2,153 of 3,640, for Texas Ratio; its furthest is 3,430 of 3,606, for efficiency ratio.
Quarterly trend: last 8 quarters
Across the 8 quarters to Q2 2026, its return on assets ran from 0.09% (Q3 2024) to 0.40% (Q2 2026) and its net interest margin ran from 2.97% (Q3 2024) to 3.34% (Q4 2025).
| Quarter | Leverage | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 16.53% | 0.40% | 0.51% | 2.27% | 3.21% |
| Q1 2026 | 16.63% | 0.10% | 0.64% | 3.04% | 3.20% |
| Q4 2025 | 16.52% | 0.32% | 0.36% | 1.70% | 3.34% |
| Q3 2025 | 16.26% | 0.15% | 0.30% | 1.45% | 3.13% |
| Q2 2025 | 16.02% | 0.23% | 0.29% | 1.45% | 3.04% |
| Q1 2025 | 15.88% | 0.17% | 0.02% | 0.11% | 3.04% |
| Q4 2024 | 15.72% | 0.14% | 0.04% | 0.21% | 3.01% |
| Q3 2024 | 15.60% | 0.09% | 0.09% | 0.50% | 2.97% |
Swipe the table sideways to see every column.
Branch Network
View all 6 branches → Branch count from the FDIC Summary of Deposits, June 30, 2026. The domestic office count above is the FDIC's current figure, so the two can differ.
| Branch | Location | ZIP | Deposits |
|---|---|---|---|
| Union Federal Savings and Loan Association (main office) | Kewanee , IL | 61443 | $67.6M |
| Milan Branch | Milan , IL | 61264 | $14.6M |
| 320 W Main St Branch | Geneseo , IL | 61254 | $14.1M |
| East Moline Branch | East Moline , IL | 61244 | $12.9M |
| Orion Branch | Orion , IL | 61273 | $9.0M |
| West Washington Avenue Branch | Madison , WI | 53703 | $2.8M |
Events & Regulatory History
Mergers, charter changes, enforcement actions, FDIC assistance, and (if applicable) failure events recorded against this institution. Click a year to see what else was happening across US banking that year.
| Date | Category | Event | Source |
|---|---|---|---|
| January 1, 2016 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| January 1, 2016 | Structure Change | Acquired First Federal Savings and Loan Association of Kewanee Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
Sourced from the bank event history (FDIC, Federal Reserve NIC, OCC, and OTS). Showing the most recent 2 events.
Regulatory record
Facts as filed or published, not a rating.
- Deposit market share
- <0.1% of deposits in IL, rank 280 of 379 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- Not on file
- Enforcement actions, Mortgage lending (HMDA), SBA 7(a) lending, Consumer complaints, CFPB enforcement, CRA examination rating. No record from these sources, which is not the same as a clean record. Sources
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Frequently asked about Union Federal Savings and Loan Association
What are Union Federal Savings and Loan Association's total assets?
As of the Q2 2026 filing, Union Federal Savings and Loan Association reported total assets of $145.6 million in its FFIEC call report.
Where is Union Federal Savings and Loan Association headquartered?
It is headquartered in Kewanee, IL, United States.
When was Union Federal Savings and Loan Association founded?
It was established in 1890, per the FDIC institution directory.
Is Union Federal Savings and Loan Association FDIC-insured?
Yes. It is an FDIC-insured savings institution (FDIC Certificate #27767). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates Union Federal Savings and Loan Association?
Union Federal Savings and Loan Association's primary federal regulator is the OCC.
How many branches does Union Federal Savings and Loan Association operate?
It operates 6 domestic offices, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is Union Federal Savings and Loan Association's Texas Ratio?
Its Texas Ratio is 2.27% in its Q2 2026 call report, within the healthy range (at or below 50%, the level at which problem assets reach half of the capital cushion). The Texas Ratio measures non-performing assets against the bank's capital and reserves.
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