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

2021 Data | 2020 Data | 2019 Data | 2018 Data


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 include Columbus, Lima, New York, Cincinnati, and Chicago among others. The Union Bank Company has an above average approval rate for mortages when compared nationally. They have a below average pick rate when compared to the same sample of other lendors. The Union Bank Company is typically an average fee lendor.


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 rate mortgage of loans were 3.04%.

The 2021 average 30 year fixed rate mortgage across all markets of loans were 3.15%.

This yields a difference of -0.11%.

Relative Fees

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

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

Top Markets

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.

Product Mix

Loan Type Originations Total Value Average Loan Average Fees Average 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 the 2021 period, The Union Bank Company's most frequently originated loan type of loans were Conventional, with 1,723 originations. Their 2nd most popular type is FHA, with 115 originations.

Loan Reason

Loan Reason Originations Total Value Average Loan Average Fees Average 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 the 2021, The Union Bank Company's most frequently cited loan purpose of loans were Home Purchase, with 692 originations. The 2nd most popular reason of loans were 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 the 2021, The Union Bank Company's most frequently cited loan length of loans were 30 Year, with 1,350 originations. The 2nd most popular length of loans were 15 Year, with 341 originations.

Origination Fees

Origination Fee 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 86 $27,020,000 $314,186
$5k+ 45 $14,545,000 $323,222

$3,924 of loans were The Union Bank Company's average total fees, while their most frequently occuring range of origination fees 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 of loans were 3.04%, while their most frequently originated rate bucket of loans were 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
92.43%

The Union Bank Company has an average approval rate.

Pick Rate

Approvals leading to origination
76.90%

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