Union Savings Bank (Cincinnati, OH)
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Data as of · sourced from FFIEC call reports. How we update
Union Savings Bank is an FDIC-insured savings and loan association headquartered in Cincinnati, OH, established in 1904 (FDIC certificate 32296), and it is supervised by the FDIC. At Q2 2026 it reported total assets of $4.02B, down 0.1% from Q2 2025, the 14th largest of 154 banks headquartered in Ohio. It reports no CET1 ratio; its Tier 1 leverage ratio was 10.51% at Q2 2026, above the 9% community bank leverage ratio requirement for being considered well capitalized.
- Charter
- Savings and loan association
- Regulator
- FDIC
- Deposit insurance
- FDIC
- FDIC certificate
- 32296
- Headquarters
- Cincinnati, OH
- Established
- 1904
- Total assets, Q2 2026
- $4.02B
- Assets vs Q2 2025
- -0.1%
- Tier 1 leverage ratio, Q2 2026
- 10.51%
- Domestic offices
- 39 FDIC institution directory, current count
- Routing number
- 242272311
- Latest call report
- Q2 2026, FFIEC 051 · Union Savings Bank call report
- Asset rank in state
- 14th of 154 in Ohio
Problem loans are rising at Union Savings Bank. Based in Cincinnati, Ohio, it had $4.0 billion in assets at June 30, 2026. Loans on nonaccrual or 90 or more days past due, net of government guarantees, rose to 0.70% of loans from 0.39% a year earlier. It pays an average of 3.06% on its deposits and borrowings, higher than about 9 in 10 of the 880 banks with $1 billion to $10 billion in assets (median 2.01%). It also keeps 2.96 cents of net interest income on every dollar of earning assets, lower than about three-quarters of banks its size (median 3.71 cents).
Net income for the quarter rose 24% from a year earlier, to $18 million. Over the same year, loans shrank 0.8% and deposits grew 4.8%.
As of June 30, 2026, Union Savings Bank reported a return on assets of 1.85%, a nonperforming-loan ratio of 0.70% and a Texas ratio of 5.76%. The figures come from its call report filed with the FFIEC.
Union Savings Bank ranks as the 14th largest of the 154 banks based in Ohio, by total assets at Q2 2026. Quarter on quarter (Q1 2026 to Q2 2026), its total assets rose 0.2% to $4.02B, loans rose 0.4% and deposits rose 1.4%. 1-4 family residential loans made up 84.4% of its total loans on June 30, 2026, its largest category; next came non-owner-occupied commercial real estate loans at 6.8%. Its 39 offices in the FDIC Summary of Deposits are in 31 cities across 3 states; its Cincinnati 8 offices book 29% of its branch deposits. Judged on its Q2 2026 call report, Union Savings Bank meets the community bank leverage ratio test for well capitalized.
Headquarters Profile
- Address
- 8805 Governors Hill Dr, Cincinnati, OH 45249
- County
- Hamilton
- Metro Area
- Cincinnati, Oh-KY-In
- Charter
- State-chartered stock savings and loan association, FDIC-supervised (pre-2011 OTS)
- Primary Regulator
- FDIC
- FDIC Region
- Chicago (Region 9)
- Federal Reserve member
- —
- Federal Reserve district
- District 4, Cleveland
- Fiduciary (trust) powers
- —
- Call Report form
- FFIEC 051
- Established
- March 1, 1904
- Domestic offices
- 39 FDIC institution directory, current count
- Employees (FTE)
- 497
- Domestic deposits
- $3.53B
- Allowance for credit losses
- $29.0M
- Net charge-offs (YTD)
- -$131K
- Average total assets
- $3.89B
- Average total loans
- $3.44B
- Average interest-bearing deposits
- $3.28B
- Tax status
- Subchapter S
- Ownership
- Stock
- Community bank
- No
- FDIC-insured since
- August 9, 1989
- FDIC Cert
- 32296
- Fed RSSD
- 911973
- Website
- WWW.UNIONSAVINGSBANK.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 Bank 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 Savings Bank's total assets ranged from $3.83B (Q3 2023) to $4.08B (Q3 2025), 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
$4.02B total assets against $4.03B; $3.61B total liabilities against $3.62B.
$3.53B net loans and leases against $3.55B; $3.53B total deposits against $3.37B.
$8.0M securities against $7.8M; $233.6M cash and balances due against $216.1M.
$54.9M total interest income against $53.8M; $27.3M total interest expense against $29.2M.
$27.6M net interest income against $24.6M.
$10.2M total noninterest income against $9.5M; $19.6M total noninterest expense against $19.7M.
$245K provision for credit losses against $0.
$18.0M net income against $14.5M.
1.85% return on assets against 1.49%; 2.96% net interest margin against 2.66%.
10.51% tier 1 leverage ratio against 10.40%.
Inside the full Union Savings Bank terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, freeWatch flags
Automated conditions triggered on this bank's latest filing. Advisory only; see the source metric pages for full context. Each flag is tagged Regulatory when it cites an official supervisory threshold, or BRR analysis when it's our own band, informed by our data and models.
Loans outstanding are at or above total deposits. The bank reports little borrowing or brokered funding, so the difference is carried mainly by equity and other liabilities. Worth watching if loan growth continues to outpace deposits. Industry heuristic, not a supervisory threshold.
Union Savings Bank rankings
Its closest position to the top of a national ranking is 327 of 4,196, for total assets; its furthest is 910 of 980, for uninsured deposits.
Quarterly trend: last 8 quarters
Across the 8 quarters to Q2 2026, its return on assets ran from 0.80% (Q4 2024) to 2.58% (Q3 2025) and its net interest margin ran from 1.94% (Q3 2024) to 2.98% (Q1 2026).
| Quarter | Leverage | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 10.51% | 1.85% | 0.70% | 5.76% | 2.96% |
| Q1 2026 | 10.44% | 2.31% | 0.64% | 5.28% | 2.98% |
| Q4 2025 | 10.30% | 1.56% | 0.51% | 4.20% | 2.87% |
| Q3 2025 | 10.38% | 2.58% | 0.52% | 4.28% | 2.72% |
| Q2 2025 | 10.40% | 1.49% | 0.39% | 3.27% | 2.66% |
| Q1 2025 | 10.50% | 1.10% | 0.43% | 3.46% | 2.39% |
| Q4 2024 | 10.48% | 0.80% | 0.33% | 2.71% | 2.25% |
| Q3 2024 | 10.38% | 1.17% | 0.26% | 2.11% | 1.94% |
Swipe the table sideways to see every column.
Branch Network
View all 39 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 Bank (main office) | Cincinnati , OH | 45249 | $567.6M |
| Washington Township Branch | Dayton , OH | 45429 | $170.9M |
| Englewood Branch | Englewood , OH | 45322 | $137.6M |
| Reynoldsburg Branch | Reynoldsburg , OH | 43068 | $129.7M |
| Main Street Branch | Hamilton , OH | 45013 | $128.9M |
| Green Township Branch | Western Hills , OH | 45211 | $127.7M |
| Upper St Clair Branch | Pittsburgh , PA | 15241 | $120.3M |
| Loveland Branch | Loveland , OH | 45140 | $111.9M |
| Plainfield Road Branch | Cincinnati , OH | 45236 | $109.7M |
| Gibsonia Branch | Gibsonia , PA | 15044 | $107.8M |
| Rockside Branch | Cleveland , OH | 44131 | $107.6M |
| 1654 East Main Street Branch | Lancaster , OH | 43130 | $106.6M |
| Ft Wayne Branch | Fort Wayne , IN | 46825 | $98.3M |
| Dublin Branch | Columbus , OH | 43235 | $94.1M |
| Kettering Branch | Kettering , OH | 45420 | $92.5M |
| Eastgate Branch | Cincinnati , OH | 45245 | $91.8M |
| Westerville Branch | Westerville , OH | 43081 | $89.8M |
| Grove City Branch | Grove City , OH | 43123 | $86.9M |
| Beechmont Avenue Branch | Cincinnati , OH | 45230 | $86.4M |
| Washington C.H. Branch | Washington Court House , OH | 43160 | $85.3M |
| Upper Arlington Branch | Upper Arlington , OH | 43221 | $76.2M |
| Franklin Branch | Franklin , OH | 45005 | $72.8M |
| Indianapolis Branch | Indianapolis , IN | 46250 | $72.0M |
| Fairfield Branch | Fairfield , OH | 45014 | $69.2M |
| Hyde Park Branch | Cincinnati , OH | 45208 | $69.1M |
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 |
|---|---|---|---|
| June 29, 2013 | Structure Change | Acquired U. S. Bancorp Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| November 1, 1987 | Structure Change | Acquired The Addison Savings and Loan Company 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.
- Enforcement actions
- 2 against the institution (OCC (former OTS))
- August 14, 2004, OCC (former OTS): Civil Money Penalty: Union Savings Bank
- January 18, 2000, OCC (former OTS): Supervisory Agreement: Union Savings Bank
- Period: Most recent institution action August 14, 2004. Source: FDIC, Federal Reserve and OCC enforcement releases.
- Deposit market share
- 0.5% of deposits in OH, rank 17 of 184 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- Not on file
- 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 Bank
What are Union Savings Bank's total assets?
As of the Q2 2026 filing, Union Savings Bank reported total assets of $4.02 billion in its FFIEC call report.
Where is Union Savings Bank headquartered?
It is headquartered in Cincinnati, OH, United States.
When was Union Savings Bank founded?
It was established in 1904, per the FDIC institution directory.
Is Union Savings Bank FDIC-insured?
Yes. It is an FDIC-insured savings and loan association (FDIC Certificate #32296). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates Union Savings Bank?
Union Savings Bank's primary federal regulator is the FDIC.
How many branches does Union Savings Bank operate?
It operates 39 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 Bank's Texas Ratio?
Its Texas Ratio is 5.76% 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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