Union Savings and Loan Association
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Data as of · sourced from FFIEC call reports. How we update
Union Savings and Loan Association is an FDIC-insured savings institution headquartered in Connersville, IN, established in 1937 (FDIC certificate 29933), and it is supervised by the OCC. At Q2 2026 it reported total assets of $261.8M, up 5.2% from Q2 2025, the 65th largest of 87 banks headquartered in Indiana. It reports no CET1 ratio; its Tier 1 leverage ratio was 10.45% 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
- 29933
- Headquarters
- Connersville, IN
- Established
- 1937
- Total assets, Q2 2026
- $261.8M
- Assets vs Q2 2025
- +5.2%
- Tier 1 leverage ratio, Q2 2026
- 10.45%
- Domestic offices
- 4 FDIC institution directory, current count
- Routing number
- 274971101
- Latest call report
- Q2 2026, FFIEC 051 · Union Savings and Loan Association call report
- Asset rank in state
- 65th of 87 in Indiana
Little in Union Savings and Loan Association's latest call report stands out. The Connersville, Indiana bank had $262 million in assets at June 30, 2026, up 5.2% from a year earlier. On most measures it sits near the middle of the 2,660 banks with $100 million to $1 billion in assets.
Earnings jumped: net income for the quarter was $831,000, 41% above the same quarter a year earlier. Problem loans, meaning loans on nonaccrual or 90 or more days past due, net of government guarantees, rose to 0.89% of loans from 0.75% a year earlier.
As of June 30, 2026, Union Savings and Loan Association reported a return on assets of 1.28%, a nonperforming-loan ratio of 0.89% and a Texas ratio of 7.23%. The figures come from its call report filed with the FFIEC.
By total assets at Q2 2026, Union Savings and Loan Association is the 65th largest of the 87 banks headquartered in Indiana. Between Q1 2026 and Q2 2026, its total assets rose 0.1% to $261.8M, loans fell 1.2% and deposits fell 0.3%. 1-4 family residential loans made up 58.6% of its total loans on June 30, 2026, its largest category; next came construction and land development loans at 8.6%. Its 4 offices in the FDIC Summary of Deposits are in Connersville, IN, Greenfield, IN and Rushville, IN; its Connersville 2 offices book 74% of its branch deposits. By the capital ratios in its Q2 2026 call report, Union Savings and Loan Association meets the community bank leverage ratio test for well capitalized.
Headquarters Profile
- Address
- 730 N Central Ave, Connersville, IN 47331
- County
- Fayette
- Metro Area
- Connersville, IN
- 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
- Full trust powers granted
- Call Report form
- FFIEC 051
- Established
- August 1, 1937
- Domestic offices
- 4 FDIC institution directory, current count
- Employees (FTE)
- 58
- Domestic deposits
- $233.7M
- Allowance for credit losses
- $2.4M
- Net charge-offs (YTD)
- $108K
- Average total assets
- $259.8M
- Average total loans
- $210.9M
- Average interest-bearing deposits
- $199.8M
- Tax status
- C corporation
- Ownership
- Mutual
- Community bank
- Yes
- FDIC-insured since
- August 9, 1989
- FDIC Cert
- 29933
- Fed RSSD
- 677970
- Website
- http://www.uslabank.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 Savings and Loan Association reports no risk-based capital ratios; its Tier 1 leverage ratio applies. How we compute these figures
Quarterly trends
Union Savings and Loan Association's total assets moved between a low of $236.5M (Q3 2023) and a high of $261.8M (Q2 2026) from Q3 2023 to Q2 2026, 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
$261.8M total assets against $248.9M; $235.0M total liabilities against $225.0M.
$209.5M net loans and leases against $206.0M; $233.7M total deposits against $223.7M.
$20.5M securities against $10.4M; $19.4M cash and balances due against $20.0M.
$4.0M total interest income against $3.6M; $1.3M total interest expense against $1.3M.
$2.7M net interest income against $2.4M.
$445K total noninterest income against $393K; $2.0M total noninterest expense against $1.9M.
$75K provision for credit losses against $75K.
$831K net income against $591K.
1.28% return on assets against 0.95%; 4.34% net interest margin against 4.00%.
10.45% tier 1 leverage ratio against 9.81%.
Inside the full Union Savings and Loan Association terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, freeUnion Savings and Loan Association rankings
Its closest position to the top of a national ranking is 926 of 3,640, for Texas Ratio; its furthest is 2,641 of 4,196, for total assets.
Quarterly trend: last 8 quarters
Across the 8 quarters to Q2 2026, its return on assets ran from 0.70% (Q1 2025) to 1.28% (Q2 2026) and its net interest margin ran from 3.62% (Q3 2024) to 4.34% (Q2 2026).
| Quarter | Leverage | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 10.45% | 1.28% | 0.89% | 7.23% | 4.34% |
| Q1 2026 | 10.14% | 0.93% | 1.15% | 8.63% | 4.11% |
| Q4 2025 | 9.95% | 1.12% | 0.86% | 6.90% | 4.15% |
| Q3 2025 | 9.81% | 1.08% | 0.71% | 5.64% | 4.09% |
| Q2 2025 | 9.81% | 0.95% | 0.75% | 5.98% | 4.00% |
| Q1 2025 | 9.43% | 0.70% | 0.73% | 6.46% | 3.69% |
| Q4 2024 | 9.44% | 0.79% | 0.73% | 6.66% | 3.73% |
| Q3 2024 | 9.48% | 0.70% | 0.77% | 6.41% | 3.62% |
Swipe the table sideways to see every column.
Branch Network
View all 4 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 Savings and Loan Association (main office) | Connersville , IN | 47331 | $142.5M |
| Greenfield Branch | Greenfield , IN | 46140 | $36.9M |
| Connersville Branch | Connersville , IN | 47331 | $30.4M |
| Rushville Branch | Rushville , IN | 46173 | $23.9M |
Regulatory record
Facts as filed or published, not a rating.
- Deposit market share
- 0.1% of deposits in IN, rank 89 of 129 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 Savings and Loan Association
What are Union Savings and Loan Association's total assets?
As of the Q2 2026 filing, Union Savings and Loan Association reported total assets of $261.8 million in its FFIEC call report.
Where is Union Savings and Loan Association headquartered?
It is headquartered in Connersville, IN, United States.
When was Union Savings and Loan Association founded?
It was established in 1937, per the FDIC institution directory.
Is Union Savings and Loan Association FDIC-insured?
Yes. It is an FDIC-insured savings institution (FDIC Certificate #29933). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates Union Savings and Loan Association?
Union Savings and Loan Association's primary federal regulator is the OCC.
How many branches does Union Savings and Loan Association operate?
It operates 4 domestic offices, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is Union Savings and Loan Association's Texas Ratio?
Its Texas Ratio is 7.23% 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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