The Union Bank Company Mortgage Rates, Fees & Info

Columbus Grove, OH

LEI: 254900BDGU9FU91PQA51

Tax ID: 34-4379460

5 stars - out of 5 stars, based on 44 reviews

Latest/2021 | 2020 Data | 2019 Data | 2018 Data

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Mortgage Data

  • SimulatedRates™
  • Bank Data

    Review & Overview

    The Union Bank Company is a smaller bank specializing in Home Purchase, Cash Out Refi, and Refi loans. The Union Bank Company has a high proportion of conventional loans. They have an average proportion of FHA loans. They have a low ratio of USDA loans. Their top markets by origination volume include: Columbus, Lima, New York, Cincinnati, and Chicago among others. We have data for 203 markets. (Some data included below & more in-depth data is available with an active subscription.)

    The Union Bank Company has an above average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. The Union Bank Company is typically an average fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have about average rates.

    We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.

    Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.

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    SimulatedRates™

    Mortgage Type
    Simulated Rate Simulation Date
    30 Year Conventional Purchase 6.96% 11/26/22
    30 Year Conventional Refi 6.70% 11/26/22
    30 Year Cash-out Refi 6.80% 11/26/22
    30 Year FHA Purchase 7.66% 11/26/22
    30 Year FHA Refi 7.27% 11/26/22
    30 Year VA Purchase 6.58% 11/26/22
    30 Year VA Refi 6.30% 11/26/22
    30 Year USDA Purchase 7.09% 11/26/22
    30 Year USDA Refi 6.71% 11/26/22
    15 Year Conventional Purchase 6.22% 11/26/22
    15 Year Conventional Refi 6.08% 11/26/22
    15 Year Cash-out Refi 6.08% 11/26/22
    15 Year FHA Refi 5.90% 11/26/22
    These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates.


    Originations

    1,920

    Origination Dollar Volume (All Markets)

    $493,340,000

    Employee count

    211 Show all (14) awards

    Relative Rate

    The Union Bank Company's average 30 year fixed mortgage rate was 3.04%.

    The 2021 average 30 year fixed rate mortgage across all markets and lenders was 3.15%.

    This yields a difference of -0.11%.

    Relative Fees (Closing Costs)

    The Union Bank Company's average total fees/closing costs for a 30 year fixed rate mortgage were $3,924.

    The average total origination fees for 30 year fixed rate mortgages across all lenders (for all loan values, including both points & up-front fees in addition to origination fees) were $4,750.

    Top Markets

    Zoom/scroll map to see bank's per metro statistics. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results. This map shows top 10 markets in the map viewport, as defined by descending origination volume.

    Market Originations Total Value Average Loan Average Fees Average Rate
    COLUMBUS, OH (FHA|USDA|VA) 488 $162,150,000 $332,275 $3,521 2.99%
    Outside of Metro Areas 243 $42,405,000 $174,506 $2,292 3.00%
    LIMA, OH (FHA|USDA|VA) 169 $30,885,000 $182,751 $2,522 3.23%
    New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 69 $26,575,000 $385,145 $5,614 2.92%
    CINCINNATI, OH-KY-IN (FHA|USDA|VA) 115 $21,025,000 $182,826 $3,201 2.81%
    Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 44 $11,320,000 $257,273 $4,070 2.88%
    Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 33 $11,035,000 $334,394 $5,030 2.88%
    TOLEDO, OH (FHA|USDA|VA) 52 $10,080,000 $193,846 $3,085 3.08%
    Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 22 $8,250,000 $375,000 $4,430 2.82%
    Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 18 $6,030,000 $335,000 $5,762 2.70%
    Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 19 $5,705,000 $300,263 $5,692 2.78%
    Findlay, OH (FHA|USDA|VA) 28 $5,580,000 $199,286 $3,463 3.12%
    DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 13 $4,865,000 $374,231 $3,765 2.94%
    Wapakoneta, OH (FHA|USDA|VA) 30 $4,600,000 $153,333 $2,225 3.15%
    MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 15 $4,555,000 $303,667 $4,310 2.78%
    DAYTON-KETTERING, OH (FHA|USDA|VA) 25 $4,505,000 $180,200 $3,969 3.02%
    ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 15 $4,345,000 $289,667 $4,262 2.54%
    NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN (FHA|USDA|VA) 12 $4,050,000 $337,500 $5,762 2.93%
    Marion, OH (FHA|USDA|VA) 30 $3,580,000 $119,333 $2,802 3.07%
    Van Wert, OH (FHA|USDA|VA) 26 $3,400,000 $130,769 $2,301 3.21%
    CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 14 $3,310,000 $236,429 $3,504 2.85%
    North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 8 $3,040,000 $380,000 $5,295 2.98%
    INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 10 $2,950,000 $295,000 $3,472 2.73%
    Bellefontaine, OH (FHA|USDA|VA) 10 $2,700,000 $270,000 $3,144 3.21%
    PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 10 $2,650,000 $265,000 $4,653 2.86%
    PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) 10 $2,590,000 $259,000 $4,116 2.66%
    Mount Vernon, OH (FHA|USDA|VA) 8 $2,340,000 $292,500 $3,349 3.11%
    POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY (FHA|USDA|VA) 7 $2,335,000 $333,571 $6,479 3.21%
    BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 8 $2,330,000 $291,250 $4,253 2.88%
    TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 8 $2,240,000 $280,000 $5,893 2.86%
    JACKSONVILLE, FL (FHA|USDA|VA) 6 $2,040,000 $340,000 $4,797 2.69%
    PITTSBURGH, PA (FHA|USDA|VA) 7 $1,845,000 $263,571 $4,962 2.66%
    SAVANNAH, GA (FHA|USDA|VA) 5 $1,675,000 $335,000 $4,845 2.85%
    RALEIGH-CARY, NC (FHA|USDA|VA) 5 $1,525,000 $305,000 $3,687 3.05%
    CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 7 $1,515,000 $216,429 $4,344 2.66%
    ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 7 $1,485,000 $212,143 $5,170 2.68%
    Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 4 $1,480,000 $370,000 $5,601 2.88%
    Angola, IN (FHA|USDA|VA) 6 $1,470,000 $245,000 $2,424 2.52%
    LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 5 $1,445,000 $289,000 $4,218 2.70%
    MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 4 $1,420,000 $355,000 $5,015 2.94%
    NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) 5 $1,365,000 $273,000 $3,575 2.93%
    Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 4 $1,320,000 $330,000 $3,268 2.59%
    ALBANY-SCHENECTADY-TROY, NY (FHA|USDA|VA) 5 $1,295,000 $259,000 $3,963 2.78%
    PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 4 $1,250,000 $312,500 $3,333 2.59%
    Fremont, OH (FHA|USDA|VA) 11 $1,165,000 $105,909 $3,027 2.84%
    SALT LAKE CITY, UT (FHA|USDA|VA) 4 $1,100,000 $275,000 $4,505 2.63%
    Celina, OH (FHA|USDA|VA) 6 $1,060,000 $176,667 $2,381 3.02%
    Heber, UT (FHA|USDA|VA) 2 $1,060,000 $530,000 $3,311 2.69%
    RENO, NV (FHA|USDA|VA) 3 $1,035,000 $345,000 $3,545 2.54%
    WHEELING, WV-OH (FHA|USDA|VA) 8 $1,020,000 $127,500 $3,965 3.14%
    RACINE, WI (FHA|USDA|VA) 3 $1,005,000 $335,000 $3,165 3.13%
    FORT WAYNE, IN (FHA|USDA|VA) 2 $1,000,000 $500,000 $3,025 2.69%
    BOISE CITY, ID (FHA|USDA|VA) 3 $975,000 $325,000 $4,465 2.88%
    COLORADO SPRINGS, CO (FHA|USDA|VA) 4 $950,000 $237,500 $5,699 2.94%
    MANCHESTER-NASHUA, NH (FHA|USDA|VA) 3 $945,000 $315,000 $2,906 2.88%
    ST. LOUIS, MO-IL (FHA|USDA|VA) 3 $925,000 $308,333 $5,695 2.71%
    Urbana, OH (FHA|USDA|VA) 3 $925,000 $308,333 $5,429 2.71%
    SALISBURY, MD-DE (FHA|USDA|VA) 3 $925,000 $308,333 $3,706 2.79%
    ALBUQUERQUE, NM (FHA|USDA|VA) 4 $900,000 $225,000 $3,110 2.88%
    ASHEVILLE, NC (FHA|USDA|VA) 3 $875,000 $291,667 $2,333 2.63%
    SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 2 $850,000 $425,000 $6,090 3.69%
    PORTLAND-SOUTH PORTLAND, ME (FHA|USDA|VA) 3 $835,000 $278,333 $3,659 2.50%
    RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 2 $820,000 $410,000 $3,879 2.69%
    HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) 4 $820,000 $205,000 $5,970 2.72%
    LEXINGTON-FAYETTE, KY (FHA|USDA|VA) 4 $810,000 $202,500 $5,651 2.84%
    WILMINGTON, NC (FHA|USDA|VA) 3 $775,000 $258,333 $6,055 3.54%
    PORT ST. LUCIE, FL (FHA|USDA|VA) 3 $765,000 $255,000 $5,097 2.83%
    KANSAS CITY, MO-KS (FHA|USDA|VA) 3 $755,000 $251,667 $3,763 3.13%
    TUCSON, AZ (FHA|USDA|VA) 2 $740,000 $370,000 $3,592 2.94%
    MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 3 $725,000 $241,667 $4,746 2.54%
    MANSFIELD, OH (FHA|USDA|VA) 5 $725,000 $145,000 $3,280 3.54%
    KINGSTON, NY (FHA|USDA|VA) 3 $705,000 $235,000 $6,159 2.79%
    NEW HAVEN-MILFORD, CT (FHA|USDA|VA) 4 $700,000 $175,000 $2,885 2.88%
    NORWICH-NEW LONDON, CT (FHA|USDA|VA) 2 $690,000 $345,000 $3,473 2.75%
    Zanesville, OH (FHA|USDA|VA) 3 $685,000 $228,333 $3,098 3.25%
    NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 2 $680,000 $340,000 $7,404 2.94%
    MONROE, MI (FHA|USDA|VA) 1 $675,000 $675,000 $4,680 4.13%
    OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) 2 $670,000 $335,000 $3,392 3.19%
    GULFPORT-BILOXI, MS (FHA|USDA|VA) 3 $665,000 $221,667 $3,118 2.50%
    YORK-HANOVER, PA (FHA|USDA|VA) 3 $635,000 $211,667 $3,908 2.88%
    GAINESVILLE, GA (FHA|USDA|VA) 3 $625,000 $208,333 $5,478 2.79%
    Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 3 $625,000 $208,333 $3,606 3.29%
    MEMPHIS, TN-MS-AR (FHA|USDA|VA) 2 $620,000 $310,000 $5,516 3.00%
    BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) 2 $620,000 $310,000 $6,445 2.44%
    DAVENPORT-MOLINE-ROCK ISLAND, IA-IL (FHA|USDA|VA) 2 $600,000 $300,000 $5,202 2.81%
    PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 3 $595,000 $198,333 $3,607 3.00%
    MADISON, WI (FHA|USDA|VA) 2 $590,000 $295,000 $7,952 3.38%
    CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 2 $590,000 $295,000 $3,674 2.19%
    HUNTINGTON-ASHLAND, WV-KY-OH (FHA|USDA|VA) 2 $590,000 $295,000 $6,390 2.56%
    MISSOULA, MT (FHA|USDA|VA) 2 $570,000 $285,000 $5,193 3.31%
    CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 3 $565,000 $188,333 $7,629 3.08%
    MOUNT VERNON-ANACORTES, WA (FHA|USDA|VA) 2 $560,000 $280,000 $7,592 3.25%
    GREELEY, CO (FHA|USDA|VA) 2 $550,000 $275,000 $5,260 2.88%
    RICHMOND, VA (FHA|USDA|VA) 3 $545,000 $181,667 $3,769 2.79%
    LOUISVILLE/JEFFERSON COUNTY, KY-IN (FHA|USDA|VA) 2 $540,000 $270,000 $3,245 3.06%
    ROCHESTER, NY (FHA|USDA|VA) 2 $530,000 $265,000 $2,499 2.56%
    COLUMBIA, SC (FHA|USDA|VA) 2 $520,000 $260,000 $5,311 2.31%
    BUFFALO-CHEEKTOWAGA, NY (FHA|USDA|VA) 2 $500,000 $250,000 $4,034 2.88%
    Helena, MT (FHA|USDA|VA) 2 $490,000 $245,000 $3,686 2.31%
    ERIE, PA (FHA|USDA|VA) 2 $490,000 $245,000 $5,917 2.56%
    Defiance, OH (FHA|USDA|VA) 4 $480,000 $120,000 $2,857 3.22%
    DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 2 $470,000 $235,000 $5,605 3.00%
    SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) 2 $470,000 $235,000 $3,674 2.81%
    Chillicothe, OH (FHA|USDA|VA) 2 $460,000 $230,000 $4,802 3.00%
    GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 2 $460,000 $230,000 $9,094 2.81%
    GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) 2 $460,000 $230,000 $2,829 3.25%
    OGDEN-CLEARFIELD, UT (FHA|USDA|VA) 2 $460,000 $230,000 $4,897 2.75%
    FORT COLLINS, CO (FHA|USDA|VA) 1 $455,000 $455,000 $5,482 3.50%
    Coshocton, OH (FHA|USDA|VA) 2 $450,000 $225,000 $2,634 3.13%
    San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 1 $445,000 $445,000 $6,087 2.88%
    AKRON, OH (FHA|USDA|VA) 1 $435,000 $435,000 $2,211 2.88%
    AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) 1 $425,000 $425,000 $15,051 2.13%
    Mount Sterling, KY (FHA|USDA|VA) 1 $425,000 $425,000 $3,621 3.00%
    SPRINGFIELD, OH (FHA|USDA|VA) 1 $415,000 $415,000 $4,168 2.38%
    JACKSON, MS (FHA|USDA|VA) 2 $410,000 $205,000 $3,644 3.06%
    Lebanon, NH-VT (FHA|USDA|VA) 1 $405,000 $405,000 $3,594 2.25%
    COLUMBUS, GA-AL (FHA|USDA|VA) 1 $405,000 $405,000 $5,557 2.75%
    DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 1 $405,000 $405,000 $2,739 2.75%
    HARRISBURG-CARLISLE, PA (FHA|USDA|VA) 2 $400,000 $200,000 $6,319 3.00%
    LANCASTER, PA (FHA|USDA|VA) 1 $395,000 $395,000 $4,946 3.38%
    Fremont, NE (FHA|USDA|VA) 1 $385,000 $385,000 $6,844 2.88%
    Auburn, IN (FHA|USDA|VA) 1 $385,000 $385,000 $2,478 2.63%
    Outside of Metro Areas 1 $375,000 $375,000 $6,771 2.88%
    WEIRTON-STEUBENVILLE, WV-OH (FHA|USDA|VA) 3 $365,000 $121,667 $2,770 2.83%
    VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 1 $365,000 $365,000 $3,011 2.63%
    Bozeman, MT (FHA|USDA|VA) 1 $365,000 $365,000 $3,689 2.75%
    ST. GEORGE, UT (FHA|USDA|VA) 1 $345,000 $345,000 $2,573 2.88%
    Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 1 $345,000 $345,000 $4,772 3.50%
    HATTIESBURG, MS (FHA|USDA|VA) 1 $345,000 $345,000 $3,678 3.13%
    Winona, MN (FHA|USDA|VA) 1 $325,000 $325,000 $10,687 2.63%
    Coldwater, MI (FHA|USDA|VA) 1 $325,000 $325,000 $3,419 3.13%
    BARNSTABLE TOWN, MA (FHA|USDA|VA) 1 $325,000 $325,000 $5,344 2.88%
    BEND, OR (FHA|USDA|VA) 1 $315,000 $315,000 $8,613 2.38%
    Escanaba, MI (FHA|USDA|VA) 1 $315,000 $315,000 $3,821 2.25%
    OCEAN CITY, NJ (FHA|USDA|VA) 1 $305,000 $305,000 $4,171 2.75%
    ROANOKE, VA (FHA|USDA|VA) 1 $305,000 $305,000 $4,131 2.75%
    STATE COLLEGE, PA (FHA|USDA|VA) 1 $305,000 $305,000 $3,750 2.50%
    ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 1 $305,000 $305,000 $6,273 3.13%
    YOUNGSTOWN-WARREN-BOARDMAN, OH-PA (FHA|USDA|VA) 2 $300,000 $150,000 $4,278 3.00%
    DOVER, DE (FHA|USDA|VA) 1 $295,000 $295,000 $5,268 3.25%
    BOULDER, CO (FHA|USDA|VA) 1 $295,000 $295,000 $4,075 2.75%
    TOPEKA, KS (FHA|USDA|VA) 1 $295,000 $295,000 $3,769 3.00%
    TWIN FALLS, ID (FHA|USDA|VA) 1 $295,000 $295,000 $4,334 3.50%
    CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 1 $285,000 $285,000 $8,825 2.63%
    CHEYENNE, WY (FHA|USDA|VA) 1 $285,000 $285,000 $6,693 3.00%
    Salem, OH (FHA|USDA|VA) 1 $275,000 $275,000 $3,454 3.38%
    SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 1 $275,000 $275,000 $2,493 2.88%
    DUBUQUE, IA (FHA|USDA|VA) 1 $275,000 $275,000 $3,463 3.00%
    ELIZABETHTOWN-FORT KNOX, KY (FHA|USDA|VA) 1 $275,000 $275,000 $2,575 2.38%
    POCATELLO, ID (FHA|USDA|VA) 1 $265,000 $265,000 $3,401 2.88%
    KNOXVILLE, TN (FHA|USDA|VA) 1 $265,000 $265,000 $7,935 2.50%
    MOBILE, AL (FHA|USDA|VA) 1 $265,000 $265,000 $10,590 2.63%
    DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) 1 $265,000 $265,000 $3,897 2.88%
    ROCKFORD, IL (FHA|USDA|VA) 1 $265,000 $265,000 $3,016 3.25%
    SPRINGFIELD, MO (FHA|USDA|VA) 1 $265,000 $265,000 $3,014 2.88%
    VALDOSTA, GA (FHA|USDA|VA) 1 $265,000 $265,000 $4,030 2.88%
    WORCESTER, MA-CT (FHA|USDA|VA) 1 $265,000 $265,000 $3,913 2.63%
    Harrison, AR (FHA|USDA|VA) 1 $255,000 $255,000 $4,398 3.38%
    Greeneville, TN (FHA|USDA|VA) 1 $255,000 $255,000 $6,097 2.75%
    Sandpoint, ID (FHA|USDA|VA) 1 $255,000 $255,000 $3,664 2.75%
    Jackson, OH (FHA|USDA|VA) 1 $245,000 $245,000 $8,503 3.25%
    LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 1 $245,000 $245,000 $5,424 2.50%
    PUNTA GORDA, FL (FHA|USDA|VA) 1 $245,000 $245,000 $13,509 2.50%
    LEWISTON, ID-WA (FHA|USDA|VA) 1 $245,000 $245,000 $8,533 2.00%
    Sandusky, OH (FHA|USDA|VA) 2 $240,000 $120,000 $2,930 3.56%
    Kill Devil Hills, NC (FHA|USDA|VA) 1 $235,000 $235,000 $2,620 2.75%
    SANTA FE, NM (FHA|USDA|VA) 1 $225,000 $225,000 $3,754 2.63%
    Torrington, CT (FHA|USDA|VA) 1 $225,000 $225,000 $7,502 2.25%
    SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) 1 $225,000 $225,000 $11,328 2.38%
    WAUSAU-WESTON, WI (FHA|USDA|VA) 1 $215,000 $215,000 $3,461 3.38%
    CAPE GIRARDEAU, MO-IL (FHA|USDA|VA) 1 $215,000 $215,000 $4,763 2.25%
    Cullowhee, NC (FHA|USDA|VA) 1 $215,000 $215,000 $3,550 3.00%
    Columbus, NE (FHA|USDA|VA) 1 $215,000 $215,000 $2,638 3.25%
    SYRACUSE, NY (FHA|USDA|VA) 1 $215,000 $215,000 $4,682 3.25%
    MONROE, LA (FHA|USDA|VA) 1 $215,000 $215,000 $5,954 2.63%
    Bucyrus-Galion, OH (FHA|USDA|VA) 2 $210,000 $105,000 $2,587 3.19%
    ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) 1 $205,000 $205,000 $3,542 2.88%
    SUMTER, SC (FHA|USDA|VA) 1 $205,000 $205,000 $7,632 2.13%
    Batavia, NY (FHA|USDA|VA) 1 $195,000 $195,000 $3,711 2.63%
    LEBANON, PA (FHA|USDA|VA) 1 $195,000 $195,000 $8,351 2.13%
    VINELAND-BRIDGETON, NJ (FHA|USDA|VA) 1 $195,000 $195,000 $5,396 3.38%
    LaGrange, GA-AL (FHA|USDA|VA) 1 $195,000 $195,000 $5,121 2.38%
    Grand Rapids, MN (FHA|USDA|VA) 1 $195,000 $195,000 $2,918 3.38%
    PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 1 $185,000 $185,000 $11,465 2.75%
    BATON ROUGE, LA (FHA|USDA|VA) 1 $185,000 $185,000 $3,219 2.75%
    OWENSBORO, KY (FHA|USDA|VA) 1 $185,000 $185,000 $6,185 3.00%
    FRESNO, CA (FHA|USDA|VA) 1 $175,000 $175,000 $2,464 2.88%
    HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 1 $175,000 $175,000 $3,031 2.38%
    Key West, FL (FHA|USDA|VA) 1 $175,000 $175,000 $3,759 2.63%
    GOLDSBORO, NC (FHA|USDA|VA) 1 $175,000 $175,000 $5,966 2.75%
    ELKHART-GOSHEN, IN (FHA|USDA|VA) 1 $175,000 $175,000 $2,898 2.75%
    Ardmore, OK (FHA|USDA|VA) 1 $165,000 $165,000 $4,567 3.63%
    BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 1 $165,000 $165,000 $2,453 2.88%
    MUSKEGON, MI (FHA|USDA|VA) 1 $155,000 $155,000 $3,559 2.50%
    CANTON-MASSILLON, OH (FHA|USDA|VA) 1 $155,000 $155,000 $2,138 2.88%
    Wilmington, OH (FHA|USDA|VA) 1 $155,000 $155,000 $2,138 2.88%
    JOPLIN, MO (FHA|USDA|VA) 1 $155,000 $155,000 $3,923 2.88%
    New Philadelphia-Dover, OH (FHA|USDA|VA) 1 $145,000 $145,000 $2,756 3.38%
    SOUTH BEND-MISHAWAKA, IN-MI (FHA|USDA|VA) 1 $145,000 $145,000 $2,148 3.00%
    GRAND JUNCTION, CO (FHA|USDA|VA) 1 $105,000 $105,000 $0 3.13%
    Richmond-Berea, KY (FHA|USDA|VA) 1 $105,000 $105,000 $0 2.88%
    Athens, OH (FHA|USDA|VA) 1 $65,000 $65,000 $0 4.75%
    Sidney, OH (FHA|USDA|VA) 1 $55,000 $55,000 $2,067 3.13%
    The Union Bank Company's top markets include Columbus, Lima, New York, Cincinnati, and Chicago among others.

    Their top states include:
  • Ohio (FHA|USDA|VA)
  • New York (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • Kentucky (FHA|USDA|VA)
  • Illinois (FHA|USDA|VA)
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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 1,723 $446,775,000 $259,301 $3,218 2.99%
    FHA 115 $24,715,000 $214,913 $7,070 2.87%
    VA 73 $20,275,000 $277,740 $7,021 2.66%
    USDA 9 $1,575,000 $175,000 $4,498 2.86%

    For 2021, The Union Bank Company's most frequently originated type of loan was Conventional, with 1,723 originations. Their 2nd most popular type was FHA, with 115 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 692 $178,360,000 $257,746 $3,591 3.14%
    Cash Out Refi 665 $175,545,000 $263,977 $4,306 2.90%
    Refi 555 $138,465,000 $249,486 $2,831 2.82%
    Other 5 $595,000 $119,000 $1,777 3.08%
    Home Improvement 3 $375,000 $125,000 $0 4.46%

    For 2021, The Union Bank Company's most frequently cited loan purpose was Home Purchase, with 692 originations. The 2nd most popular reason was Cash Out Refi, with 665 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 1,350 $335,780,000 $248,726 $3,924 3.04%
    15 Year 341 $68,605,000 $201,188 $2,882 2.54%
    20 Year 102 $24,580,000 $240,980 $3,397 3.10%
    10 Year 67 $36,675,000 $547,388 $1,261 3.18%
    Other 33 $7,665,000 $232,273 $2,744 3.09%
    30+ year 22 $7,220,000 $328,182 $4,080 3.69%
    5 Year 3 $12,425,000 $4,141,667 $400 3.25%
    1 Year 2 $390,000 $195,000 $0 3.50%

    For 2021, The Union Bank Company's most frequently cited loan duration was 30 Year, with 1,350 originations. The 2nd most popular length was 15 Year, with 341 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 1,109 $263,475,000 $237,579
    $1k-2k 421 $90,105,000 $214,026
    $2k-3k 105 $31,125,000 $296,429
    $3k-4k 52 $15,900,000 $305,769
    $5k+ 45 $14,545,000 $323,222
    $4k-5k 34 $11,120,000 $327,059

    The Union Bank Company's average total fees were $3,924, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 1,109 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    2.5-3% 885 $223,215,000 $252,220
    3-4% 642 $176,850,000 $275,467
    <2.5% 336 $78,750,000 $234,375
    4-5% 55 $14,145,000 $257,182
    5-6% 2 $380,000 $190,000

    During 2021, The Union Bank Company's average interest rate for loans was 3.04%, while their most frequently originated rate bucket for loans was 2.5-3%, with 885 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 858 $241,460,000 $281,422 $4,132 2.91%
    $100k-200k 627 $94,175,000 $150,199 $2,876 2.98%
    $100,000 or less 218 $16,200,000 $74,312 $2,075 3.10%
    $400k-600k 190 $88,580,000 $466,211 $4,907 2.93%
    $600k-1MM 17 $11,925,000 $701,471 $7,420 3.23%
    $1MM+ 10 $41,000,000 $4,100,000 $0 3.61%

    2021 saw The Union Bank Company place emphasis on $200k-400k loans with 858 originations, totaling $241,460,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 479 $88,515,000 $184,791 $3,399 2.99%
    $100k-150k 427 $120,735,000 $282,752 $3,853 2.94%
    $75k-100k 342 $79,890,000 $233,596 $3,994 2.92%
    $50k or less 274 $37,810,000 $137,993 $2,885 2.95%
    $150k-250k 265 $86,465,000 $326,283 $3,979 2.86%
    $250k+ 71 $25,555,000 $359,930 $3,918 2.93%

    The Union Bank Company lent most frequently to those with incomes in the $50k-75k range, with 479 originations. The second most popular income band? $100k-150k, with 427 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 515 $115,965,000 $225,175 $3,214 2.90%
    30-36% 337 $79,995,000 $237,374 $3,487 2.97%
    <20% 192 $39,180,000 $204,063 $2,866 2.84%
    44% 80 $21,220,000 $265,250 $4,386 2.95%
    39% 80 $20,140,000 $251,750 $4,320 3.05%
    38% 76 $17,750,000 $233,553 $3,366 2.99%
    43% 71 $18,045,000 $254,155 $4,157 3.04%
    36% 63 $13,665,000 $216,905 $3,819 3.06%
    42% 59 $16,315,000 $276,525 $4,152 2.97%
    45% 58 $15,140,000 $261,034 $3,622 3.03%
    41% 47 $11,555,000 $245,851 $3,533 3.09%
    40% 45 $11,115,000 $247,000 $4,371 2.97%
    37% 45 $10,705,000 $237,889 $3,264 3.10%
    50-60% 38 $9,770,000 $257,105 $7,577 2.83%
    46% 36 $9,070,000 $251,944 $3,595 2.82%
    49% 34 $8,420,000 $247,647 $4,200 2.89%
    48% 29 $7,525,000 $259,483 $4,443 2.79%
    47% 28 $7,730,000 $276,071 $4,398 2.89%
    >60% 5 $1,085,000 $217,000 $4,204 2.68%

    The Union Bank Company lent most frequently to those with DTI ratios of 20-30%, with 515 originations. The next most common DTI ratio? 30-36%, with 337 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 1,405 $319,705,000 $227,548 $3,377 2.93%
    Not provided 319 $86,865,000 $272,304 $4,462 2.90%
    Not applicable 56 $52,970,000 $945,893 $0 3.89%
    Black 85 $19,635,000 $231,000 $4,392 3.13%
    Asian 37 $9,845,000 $266,081 $4,818 2.85%
    Asian Indian 4 $1,640,000 $410,000 $2,932 2.81%
    American Indian 5 $1,005,000 $201,000 $4,468 3.08%
    Korean 3 $665,000 $221,667 $2,666 3.96%
    Chinese 3 $555,000 $185,000 $2,342 3.13%
    Other Asian 2 $410,000 $205,000 $2,611 2.50%
    Japanese 1 $45,000 $45,000 $0 3.38%

    Approval Rates

    Total approvals of all applications
    93.59%

    The Union Bank Company has an average approval rate.

    Pick Rate

    Approvals leading to origination
    81.61%

    The Union Bank Company has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    0.0 1 $175,000 $175,000
    NA 1,919 $493,165,000 $256,991

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    1,920 $493,340,000 $256,948

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 86 $14,970,000 $174,070 $2,687 2.76%
    40-60% 329 $74,575,000 $226,672 $2,975 2.75%
    60-80% 856 $241,590,000 $282,231 $3,615 3.00%
    80-100% 633 $158,655,000 $250,640 $3,999 3.06%
    Over 100% 8 $2,830,000 $353,750 $11,797 2.73%
    Under 20% 8 $720,000 $90,000 $1,931 2.77%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    The Union Bank Company 105 Progressive Drive Columbus Grove, OH 45830 Full Service B&M $88,651
    The Union Bank Company 3211 Elida Road Lima, OH 45805 Full Service B&M $52,602
    The Union Bank Company 461 Beecher Road Gahanna, OH 43230 Full Service B&M $45,204
    The Union Bank Company 468 Polaris Parkway Westerville, OH 43082 Full Service B&M $21,036
    The Union Bank Company 701 Shawne Road Lima, OH 45805 Full Service B&M $29,504
    The Union Bank Company State Route 65 And Us Route 224 Ottawa, OH 45875 Full Service B&M $55,300
    The Union Bank Company 101 Progressive Drive Columbus Grove, OH 45830 Limited, Drive-thru $0
    The Union Bank Company 103 East Perry Street Paulding, OH 45879 Full Service B&M $13,872
    The Union Bank Company 110 East North Street Kalida, OH 45853 Full Service B&M $94,162
    The Union Bank Company 111 South Main Street Marion, OH 43302 Full Service B&M $31,309
    The Union Bank Company 114 East Third Street Delphos, OH 45833 Full Service B&M $85,672
    The Union Bank Company 1300 North Main Street Bowling Green, OH 43402 Full Service B&M $39,946
    The Union Bank Company 132 Front Street Pemberville, OH 43450 Full Service B&M $62,393
    The Union Bank Company 1410 Bellefontaine Ave Lima, OH 45804 Full Service B&M $73,558
    The Union Bank Company 1500 Bright Rd Findlay, OH 45840 Full Service B&M $26,207
    The Union Bank Company 20311 Pemberville Road Pemberville, OH 43450 Limited, Drive-thru $86
    The Union Bank Company 220 Richland Road Marion, OH 43302 Full Service B&M $35,490
    The Union Bank Company 230 West Main Street Gibsonburg, OH 43431 Full Service B&M $34,406
    The Union Bank Company 30 Coal Bend Delaware, OH 43015 Full Service B&M $42,536
    The Union Bank Company 318 South Belmore Street Leipsic, OH 45856 Full Service B&M $76,970

    For 2021, The Union Bank Company had 20 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $38,804
    Net interest income $36,520
    Total noninterest income $17,362
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $1,091
    Trading account gains and fees $0
    Additional Noninterest Income $16,271
    Pre-tax net operating income $17,416
    Securities gains (or losses, -) $-16
    Income before extraordinary items $14,560
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $14,560
    Minority interest net income $0
    Net income $14,560
    Sale, conversion, retirement of capital stock, net $182
    Net operating income $14,573

    The Union Bank Company's gross interest income from loans was $38,804,000.
    The Union Bank Company's net interest income from loans was $36,520,000.
    The Union Bank Company's fee based income from loans was $1,091,000.
    The Union Bank Company's net income from loans was $14,560,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $2,284
    Provision for credit losses $300
    Total noninterest expense $36,166
    Salaries and employee benefits $20,620
    Premises and equipment expense $4,123
    Additional noninterest expense $11,423
    Applicable income taxes $2,840
    Net charge-offs $-61
    Cash dividends $5,000

    The Union Bank Company's interest expense for loans was $2,284,000.
    The Union Bank Company's payroll and benefits expense were $20,620,000.
    The Union Bank Company's property, plant and equipment expenses $4,123,000.

    Loan Performance

    Type of Loan % of Loans Noncurrent (30+ days, end of period snapshot)
    All loans 0.0%
    Real Estate loans 0.0%
    Construction & Land Development loans 0.0%
    Nonfarm, nonresidential loans 0.0%
    Multifamily residential loans 0.0%
    1-4 family residential loans 0.0%
    HELOC loans 0.0%
    All other family 0.0%
    Commercial & industrial loans 0.0%
    Personal loans 0.0%
    Credit card loans 0.0%
    Other individual loans 0.0%
    Auto loans 0.0%
    Other consumer loans 0.0%
    Unsecured commercial real estate loans 0.0%

    Deposits

    Type Value (in 000's)
    Total deposits $932,273
    Deposits held in domestic offices $932,273
    Deposits by Individuals, partnerships, and corporations $865,371
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $64,455
    Deposits by Commercial banks and other depository institutions in U.S. $2,447
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $90,500
    Demand deposits $73,716
    Nontransaction accounts $841,773
    Money market deposit accounts (MMDAs) $225,737
    Other savings deposits (excluding MMDAs) $482,077
    Total time deposits $133,958
    Total time and savings deposits $858,557
    Noninterest-bearing deposits $185,585
    Interest-bearing deposits $746,688
    Retail deposits $924,023
    IRAs and Keogh plan accounts $16,053
    Brokered deposits $10
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $1,075,788
    Cash & Balances due from depository institutions $75,202
    Interest-bearing balances $63,548
    Total securities $306,800
    Federal funds sold & reverse repurchase $0
    Net loans and leases $608,350
    Loan and leases loss allowance $10,355
    Trading account assets $0
    Bank premises and fixed assets $21,779
    Other real estate owned $0
    Goodwill and other intangibles $31,089
    All other assets $32,568

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $1,075,788
    Total Liabilities $940,338
    Total deposits $932,273
    Interest-bearing deposits $746,688
    Deposits held in domestic offices $932,273
    % insured (estimated) $79
    Federal funds purchased and repurchase agreements $12
    Trading liabilities $0
    Other borrowed funds $0
    Subordinated debt $0
    All other liabilities $8,053

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $608,350
    Loan and leases loss allowance $10,355
    Total loans and leases (domestic) $618,705
    All real estate loans $528,423
    Real estate loans in domestic offices $528,423
    Construction and development loans $62,027
    Residential 1-4 family construction $5,110
    Other construction, all land development and other land $56,917
    Loans secured by nonfarm nonresidential properties $169,025
    Nonfarm nonresidential secured by owner-occupied properties $64,695
    Commercial real estate & other non-farm, non-residential $104,330
    Multifamily residential real estate $64,118
    1-4 family residential loans $180,178
    Farmland loans $53,075
    Loans held in foreign offices $0
    Farm loans $8,309
    Commercial and industrial loans $67,389
    To non-U.S. addressees $0
    Loans to individuals $6,349
    Credit card loans $0
    Related Plans $69
    Consumer Auto Loans $4,395
    Other loans to individuals $1,885
    All other loans & leases $8,235
    Loans to foreign governments and official institutions $0
    Other loans $5,065
    Loans to depository institutions and acceptances of other banks $615
    Loans not secured by real estate $0
    Loans secured by real estate to non-U.S. addressees $0
    Restructured Loans & leases $920
    Non 1-4 family restructured loans & leases $767
    Total loans and leases (foreign) $0

    The Union Bank Company had $608,350,000 of loans outstanding in 2021. $528,423,000 of loans were in real estate loans. $62,027,000 of loans were in development loans. $64,118,000 of loans were in multifamily mortgage loans. $180,178,000 of loans were in 1-4 family mortgage loans. $8,309,000 of loans were in farm loans. $0 of loans were in credit card loans. $4,395,000 of loans were in the auto loan category.

    Small Business Loans

    Categorization # of Loans in Category $ amount of loans (in 000's) Average $/loan
    Nonfarm, nonresidential loans - <$1MM 313 $71,658 $228,939
    Nonfarm, nonresidential loans - <$100k 52 $2,440 $46,923
    Nonfarm, nonresidential loans - $100-250k 98 $10,892 $111,143
    Nonfarm, nonresidential loans - $250k-1MM 163 $58,326 $357,828
    Commercial & Industrial, US addressed loans - <$1MM 459 $45,423 $98,961
    Commercial & Industrial, US addressed loans - <$100k 275 $7,829 $28,469
    Commercial & Industrial, US addressed loans - $100-250k 96 $9,812 $102,208
    Commercial & Industrial, US addressed loans - $250k-1MM 88 $27,782 $315,705
    Farmland loans - <$1MM 178 $27,399 $153,927
    Farmland loans - <$100k 33 $1,518 $46,000
    Farmland loans - $100-250k 76 $8,541 $112,382
    Farmland loans - $250k-1MM 69 $17,340 $251,304
    Agriculture operations loans - <$1MM 120 $8,309 $69,242
    Agriculture operations loans - <$100k 87 $3,735 $42,931
    Agriculture operations loans - $100-250k 23 $2,520 $109,565
    Agriculture operations loans - $250k-1MM 10 $2,054 $205,400