Union Savings Bank Mortgage Rates, Fees & Info

Cincinnati, OH

LEI: 549300HFBEONQN2CK447

Tax ID: 31-0473290

5 stars - out of 5 stars, based on 167 reviews

2021 Data | 2020 Data | 2019 Data | 2018 Data


Overview

Union Savings Bank is a mid-sized bank specializing in Refi, Cash Out Refi, and Home Purchase loans. Union Savings Bank has a high proportion of conventional loans. They have a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) They have a low ratio of USDA loans. Their top markets include Cincinnati, Columbus, Dayton, Indianapolis, and Pittsburgh among others. Union Savings Bank 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. Union Savings Bank is typically a low fee lendor.


Originations

27,819

Origination Dollar Volume (All Markets)

$5,573,615,000

Employee count

568 Show all (74) awards

Relative Rate

Union Savings Bank's average 30 year fixed rate mortgage of loans were 3%.

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

This yields a difference of -0.15%.

Relative Fees

Union Savings Bank's average total fees for a 30 year fixed rate mortgage are $1,554.

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
CINCINNATI, OH-KY-IN (FHA|USDA|VA) 9,342 $1,923,060,000 $205,851 $1,050 2.88%
COLUMBUS, OH (FHA|USDA|VA) 6,138 $1,327,830,000 $216,329 $1,181 2.89%
DAYTON-KETTERING, OH (FHA|USDA|VA) 4,713 $805,175,000 $170,841 $1,087 2.88%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 3,930 $758,980,000 $193,125 $864 2.84%
PITTSBURGH, PA (FHA|USDA|VA) 919 $198,735,000 $216,251 $2,054 2.72%
FORT WAYNE, IN (FHA|USDA|VA) 770 $123,260,000 $160,078 $940 2.86%
COLUMBUS, IN (FHA|USDA|VA) 267 $46,475,000 $174,064 $681 2.86%
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 18 $33,580,000 $1,865,556 $16,627 3.72%
Outside of Metro Areas 159 $27,135,000 $170,660 $1,072 2.89%
SPRINGFIELD, OH (FHA|USDA|VA) 139 $23,955,000 $172,338 $1,055 2.82%
BLOOMINGTON, IN (FHA|USDA|VA) 98 $18,610,000 $189,898 $869 2.88%
CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 89 $18,015,000 $202,416 $1,356 2.91%
Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 1 $18,005,000 $18,005,000 $16,553 3.50%
LOUISVILLE/JEFFERSON COUNTY, KY-IN (FHA|USDA|VA) 48 $13,500,000 $281,250 $1,974 2.98%
New Castle, PA (FHA|USDA|VA) 74 $10,370,000 $140,135 $2,929 2.61%
Sidney, OH (FHA|USDA|VA) 60 $9,850,000 $164,167 $1,000 2.91%
Mount Vernon, OH (FHA|USDA|VA) 50 $9,330,000 $186,600 $908 2.87%
Bellefontaine, OH (FHA|USDA|VA) 50 $9,290,000 $185,800 $1,196 2.87%
Wilmington, OH (FHA|USDA|VA) 59 $8,945,000 $151,610 $1,088 3.02%
LEXINGTON-FAYETTE, KY (FHA|USDA|VA) 36 $7,410,000 $205,833 $1,889 3.02%
Angola, IN (FHA|USDA|VA) 35 $6,945,000 $198,429 $684 2.94%
Urbana, OH (FHA|USDA|VA) 33 $6,355,000 $192,576 $1,210 2.95%
Greenville, OH (FHA|USDA|VA) 35 $5,655,000 $161,571 $1,566 2.88%
Auburn, IN (FHA|USDA|VA) 30 $5,560,000 $185,333 $1,415 2.88%
LAFAYETTE-WEST LAFAYETTE, IN (FHA|USDA|VA) 32 $5,040,000 $157,500 $895 2.89%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 19 $4,785,000 $251,842 $2,500 2.93%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 13 $4,475,000 $344,231 $2,496 3.14%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 13 $4,435,000 $341,154 $4,576 3.05%
TOLEDO, OH (FHA|USDA|VA) 20 $4,360,000 $218,000 $2,410 2.89%
Warsaw, IN (FHA|USDA|VA) 24 $4,250,000 $177,083 $713 2.90%
AKRON, OH (FHA|USDA|VA) 24 $4,100,000 $170,833 $831 2.97%
KNOXVILLE, TN (FHA|USDA|VA) 15 $4,085,000 $272,333 $2,344 2.85%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 5 $4,045,000 $809,000 $0 3.55%
Kendallville, IN (FHA|USDA|VA) 28 $4,030,000 $143,929 $929 2.92%
KOKOMO, IN (FHA|USDA|VA) 23 $3,555,000 $154,565 $814 2.91%
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 6 $3,440,000 $573,333 $10,807 2.71%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 13 $3,215,000 $247,308 $3,007 2.88%
Chillicothe, OH (FHA|USDA|VA) 13 $2,965,000 $228,077 $2,409 3.02%
HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 7 $2,915,000 $416,429 $2,491 2.84%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 7 $2,865,000 $409,286 $3,116 3.23%
Huntington, IN (FHA|USDA|VA) 19 $2,855,000 $150,263 $1,364 2.93%
YOUNGSTOWN-WARREN-BOARDMAN, OH-PA (FHA|USDA|VA) 17 $2,785,000 $163,824 $2,279 2.77%
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 8 $2,710,000 $338,750 $3,516 3.06%
Indiana, PA (FHA|USDA|VA) 20 $2,630,000 $131,500 $2,813 2.43%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 6 $2,620,000 $436,667 $3,622 2.79%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 9 $2,615,000 $290,556 $2,075 3.01%
New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 2 $2,570,000 $1,285,000 $0 3.00%
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 11 $2,495,000 $226,818 $3,059 2.89%
Wapakoneta, OH (FHA|USDA|VA) 13 $2,395,000 $184,231 $1,085 2.84%
Zanesville, OH (FHA|USDA|VA) 12 $2,350,000 $195,833 $999 2.90%
MANSFIELD, OH (FHA|USDA|VA) 14 $2,150,000 $153,571 $1,648 3.02%
Bluffton, IN (FHA|USDA|VA) 13 $1,965,000 $151,154 $1,411 2.83%
Marion, OH (FHA|USDA|VA) 14 $1,880,000 $134,286 $1,089 2.86%
Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 5 $1,725,000 $345,000 $1,862 2.65%
CANTON-MASSILLON, OH (FHA|USDA|VA) 9 $1,585,000 $176,111 $974 2.82%
NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN (FHA|USDA|VA) 4 $1,580,000 $395,000 $980 2.84%
Seymour, IN (FHA|USDA|VA) 11 $1,535,000 $139,545 $1,081 2.80%
Washington Court House, OH (FHA|USDA|VA) 8 $1,530,000 $191,250 $2,828 2.83%
New Castle, IN (FHA|USDA|VA) 8 $1,490,000 $186,250 $1,248 2.75%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 3 $1,475,000 $491,667 $4,201 3.13%
LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 3 $1,375,000 $458,333 $4,061 2.71%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 4 $1,370,000 $342,500 $2,237 2.56%
Decatur, IN (FHA|USDA|VA) 9 $1,295,000 $143,889 $2,143 3.00%
Richmond, IN (FHA|USDA|VA) 8 $1,250,000 $156,250 $1,180 2.91%
PUNTA GORDA, FL (FHA|USDA|VA) 5 $1,245,000 $249,000 $3,397 3.08%
THE VILLAGES, FL (FHA|USDA|VA) 4 $1,230,000 $307,500 $3,859 2.94%
SOUTH BEND-MISHAWAKA, IN-MI (FHA|USDA|VA) 6 $1,230,000 $205,000 $2,016 2.98%
San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 2 $1,210,000 $605,000 $0 3.31%
Greensburg, IN (FHA|USDA|VA) 7 $1,165,000 $166,429 $912 3.02%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 2 $1,110,000 $555,000 $9,589 3.31%
MUNCIE, IN (FHA|USDA|VA) 8 $1,110,000 $138,750 $937 3.02%
Ashland, OH (FHA|USDA|VA) 7 $1,095,000 $156,429 $2,201 2.95%
Traverse City, MI (FHA|USDA|VA) 3 $1,075,000 $358,333 $2,783 3.08%
Oil City, PA (FHA|USDA|VA) 5 $1,055,000 $211,000 $5,582 2.63%
Athens, OH (FHA|USDA|VA) 8 $1,000,000 $125,000 $1,210 2.95%
Van Wert, OH (FHA|USDA|VA) 4 $980,000 $245,000 $1,371 3.00%
Bedford, IN (FHA|USDA|VA) 7 $975,000 $139,286 $634 2.93%
Wooster, OH (FHA|USDA|VA) 5 $975,000 $195,000 $1,284 3.23%
LIMA, OH (FHA|USDA|VA) 6 $960,000 $160,000 $1,968 2.85%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 3 $935,000 $311,667 $1,357 2.33%
Celina, OH (FHA|USDA|VA) 5 $895,000 $179,000 $1,338 2.80%
Findlay, OH (FHA|USDA|VA) 6 $860,000 $143,333 $1,027 2.81%
JACKSONVILLE, FL (FHA|USDA|VA) 2 $850,000 $425,000 $3,519 2.94%
Cambridge, OH (FHA|USDA|VA) 4 $830,000 $207,500 $2,040 2.97%
Richmond-Berea, KY (FHA|USDA|VA) 3 $825,000 $275,000 $730 2.96%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 3 $775,000 $258,333 $1,931 2.83%
New Philadelphia-Dover, OH (FHA|USDA|VA) 3 $765,000 $255,000 $305 2.71%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 2 $760,000 $380,000 $3,610 2.81%
Crawfordsville, IN (FHA|USDA|VA) 5 $705,000 $141,000 $843 2.78%
EVANSVILLE, IN-KY (FHA|USDA|VA) 3 $675,000 $225,000 $3,390 2.79%
PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) 2 $670,000 $335,000 $2,318 3.00%
Bucyrus-Galion, OH (FHA|USDA|VA) 6 $660,000 $110,000 $1,673 3.17%
PORT ST. LUCIE, FL (FHA|USDA|VA) 2 $660,000 $330,000 $7,988 3.13%
Marion, IN (FHA|USDA|VA) 4 $600,000 $150,000 $635 2.81%
Somerset, KY (FHA|USDA|VA) 5 $565,000 $113,000 $863 3.25%
Torrington, CT (FHA|USDA|VA) 1 $545,000 $545,000 $2,971 2.50%
PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 2 $530,000 $265,000 $1,893 2.75%
Frankfort, IN (FHA|USDA|VA) 5 $525,000 $105,000 $1,662 3.15%
VALLEJO, CA (FHA|USDA|VA) 1 $475,000 $475,000 $1,750 3.13%
WHEELING, WV-OH (FHA|USDA|VA) 3 $465,000 $155,000 $1,232 3.29%
North Vernon, IN (FHA|USDA|VA) 3 $445,000 $148,333 $1,604 3.25%
Danville, KY (FHA|USDA|VA) 2 $430,000 $215,000 $718 3.00%
COLUMBIA, SC (FHA|USDA|VA) 1 $425,000 $425,000 $3,354 2.88%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 2 $420,000 $210,000 $0 2.25%
Sevierville, TN (FHA|USDA|VA) 1 $415,000 $415,000 $3,832 3.50%
TERRE HAUTE, IN (FHA|USDA|VA) 4 $410,000 $102,500 $669 3.28%
Norwalk, OH (FHA|USDA|VA) 3 $395,000 $131,667 $654 2.88%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 1 $395,000 $395,000 $1,978 2.25%
RICHMOND, VA (FHA|USDA|VA) 1 $395,000 $395,000 $2,840 2.88%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 1 $375,000 $375,000 $2 2.25%
ALBANY-SCHENECTADY-TROY, NY (FHA|USDA|VA) 1 $375,000 $375,000 $4,391 2.75%
CHAMBERSBURG-WAYNESBORO, PA (FHA|USDA|VA) 1 $365,000 $365,000 $325 2.63%
Madison, IN (FHA|USDA|VA) 2 $360,000 $180,000 $1,017 3.06%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 3 $355,000 $118,333 $2,855 2.50%
Meadville, PA (FHA|USDA|VA) 2 $350,000 $175,000 $3,667 2.88%
Sandusky, OH (FHA|USDA|VA) 2 $350,000 $175,000 $1,069 2.81%
HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) 1 $345,000 $345,000 $0 2.25%
PANAMA CITY, FL (FHA|USDA|VA) 1 $335,000 $335,000 $6,000 3.25%
Laconia, NH (FHA|USDA|VA) 1 $335,000 $335,000 $3,555 2.88%
ELKHART-GOSHEN, IN (FHA|USDA|VA) 2 $320,000 $160,000 $3,121 3.06%
Vineyard Haven, MA (FHA|USDA|VA) 1 $315,000 $315,000 $3,629 2.88%
Maysville, KY (FHA|USDA|VA) 3 $305,000 $101,667 $450 2.83%
Frankfort, KY (FHA|USDA|VA) 2 $300,000 $150,000 $4,776 3.00%
RALEIGH-CARY, NC (FHA|USDA|VA) 1 $295,000 $295,000 $0 2.25%
Dayton, TN (FHA|USDA|VA) 1 $295,000 $295,000 $2,669 3.00%
DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 1 $265,000 $265,000 $1,819 3.25%
SAGINAW, MI (FHA|USDA|VA) 1 $265,000 $265,000 $2,369 2.50%
BOWLING GREEN, KY (FHA|USDA|VA) 1 $265,000 $265,000 $7,509 2.75%
Scottsburg, IN (FHA|USDA|VA) 1 $255,000 $255,000 $1,832 2.88%
Tiffin, OH (FHA|USDA|VA) 1 $245,000 $245,000 $305 2.88%
London, KY (FHA|USDA|VA) 1 $245,000 $245,000 $1,500 3.00%
LA CROSSE-ONALASKA, WI-MN (FHA|USDA|VA) 1 $235,000 $235,000 $1,074 2.88%
JOHNSTOWN, PA (FHA|USDA|VA) 1 $235,000 $235,000 $1,191 2.25%
GAINESVILLE, GA (FHA|USDA|VA) 1 $225,000 $225,000 $6,851 2.63%
DuBois, PA (FHA|USDA|VA) 2 $210,000 $105,000 $2,748 2.44%
ANN ARBOR, MI (FHA|USDA|VA) 1 $205,000 $205,000 $2,592 2.88%
Jamestown-Dunkirk-Fredonia, NY (FHA|USDA|VA) 1 $205,000 $205,000 $6,358 2.88%
Marietta, OH (FHA|USDA|VA) 1 $185,000 $185,000 $990 3.00%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 1 $185,000 $185,000 $2,247 3.13%
MICHIGAN CITY-LA PORTE, IN (FHA|USDA|VA) 2 $180,000 $90,000 $295 2.88%
SAN ANGELO, TX (FHA|USDA|VA) 1 $175,000 $175,000 $0 2.25%
Crossville, TN (FHA|USDA|VA) 1 $175,000 $175,000 $0 3.00%
KILLEEN-TEMPLE, TX (FHA|USDA|VA) 1 $175,000 $175,000 $0 2.38%
GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) 1 $165,000 $165,000 $1,200 3.00%
ALBUQUERQUE, NM (FHA|USDA|VA) 1 $165,000 $165,000 $8,138 2.25%
ELIZABETHTOWN-FORT KNOX, KY (FHA|USDA|VA) 1 $165,000 $165,000 $750 2.63%
Bardstown, KY (FHA|USDA|VA) 1 $165,000 $165,000 $295 3.00%
Brookings, OR (FHA|USDA|VA) 1 $155,000 $155,000 $1,302 3.99%
Defiance, OH (FHA|USDA|VA) 1 $155,000 $155,000 $2,376 2.50%
Mount Sterling, KY (FHA|USDA|VA) 1 $145,000 $145,000 $280 2.50%
LAWTON, OK (FHA|USDA|VA) 1 $145,000 $145,000 $0 2.75%
Somerset, PA (FHA|USDA|VA) 1 $135,000 $135,000 $1,013 2.25%
LANSING-EAST LANSING, MI (FHA|USDA|VA) 1 $135,000 $135,000 $2,639 2.38%
OCALA, FL (FHA|USDA|VA) 1 $135,000 $135,000 $1,444 2.88%
HOMOSASSA SPRINGS, FL (FHA|USDA|VA) 1 $125,000 $125,000 $2,748 2.50%
Portsmouth, OH (FHA|USDA|VA) 1 $125,000 $125,000 $3,116 3.25%
Tullahoma-Manchester, TN (FHA|USDA|VA) 1 $115,000 $115,000 $2,812 3.00%
Ashtabula, OH (FHA|USDA|VA) 1 $115,000 $115,000 $4,775 2.50%
STATE COLLEGE, PA (FHA|USDA|VA) 1 $115,000 $115,000 $325 2.25%
SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) 1 $105,000 $105,000 $0 3.75%
HUNTINGTON-ASHLAND, WV-KY-OH (FHA|USDA|VA) 1 $105,000 $105,000 $2,004 2.50%
Coshocton, OH (FHA|USDA|VA) 1 $105,000 $105,000 $1,934 3.25%
Jasper, IN (FHA|USDA|VA) 1 $85,000 $85,000 $459 2.75%
Cookeville, TN (FHA|USDA|VA) 1 $85,000 $85,000 $2,181 2.75%
Connersville, IN (FHA|USDA|VA) 1 $35,000 $35,000 $0 3.75%

Union Savings Bank's top markets include Cincinnati, Columbus, Dayton, Indianapolis, and Pittsburgh among others.

Product Mix

Loan Type Originations Total Value Average Loan Average Fees Average Rate
Conventional 26,622 $5,308,590,000 $199,406 $958 2.88%
FHA 645 $113,965,000 $176,690 $5,665 2.82%
VA 492 $142,030,000 $288,679 $3,178 2.46%
USDA 60 $9,030,000 $150,500 $4,052 2.61%

For the 2021 period, Union Savings Bank's most frequently originated loan type of loans were Conventional, with 26,622 originations. Their 2nd most popular type is FHA, with 645 originations.

Loan Reason

Loan Reason Originations Total Value Average Loan Average Fees Average Rate
Refi 14,525 $2,841,665,000 $195,640 $568 2.80%
Cash Out Refi 6,430 $1,320,820,000 $205,415 $1,585 2.88%
Home Purchase 4,787 $1,269,825,000 $265,265 $2,461 2.98%
Home Improvement 1,341 $63,675,000 $47,483 $335 2.59%
Other 736 $77,630,000 $105,476 $1,426 3.93%

For the 2021, Union Savings Bank's most frequently cited loan purpose of loans were Refi, with 14,525 originations. The 2nd most popular reason of loans were Cash Out Refi, with 6,430 originations.

Loan Duration/Length

Loan Length Originations Total Value Average Loan Average Fees Average Rate
30 Year 14,207 $3,338,915,000 $235,019 $1,554 3.00%
15 Year 6,327 $1,099,435,000 $173,769 $685 2.59%
20 Year 3,171 $623,345,000 $196,577 $737 2.85%
10 Year 1,828 $217,730,000 $119,108 $569 3.43%
Other 1,356 $289,340,000 $213,378 $642 2.82%
5 Year 930 $4,850,000 $5,215 $247 2.00%

For the 2021, Union Savings Bank's most frequently cited loan length of loans were 30 Year, with 14,207 originations. The 2nd most popular length of loans were 15 Year, with 6,327 originations.

Origination Fees

Origination Fee Originations Total Value Average Loan
$<1k 20,220 $3,775,590,000 $186,726
$1k-2k 3,523 $852,225,000 $241,903
$2k-3k 1,228 $318,760,000 $259,577
$3k-4k 706 $232,130,000 $328,796
$5k+ 242 $124,020,000 $512,479

$1,554 of loans were Union Savings Bank's average total fees, while their most frequently occuring range of origination fees were in the $<1k bucket, with 20,220 originations.

Interest Rates

Loan Rate Originations Total Value Average Loan
2.5-3% 17,715 $3,769,945,000 $212,811
<2.5% 5,887 $959,065,000 $162,912
3-4% 3,239 $745,585,000 $230,190
4-5% 957 $96,815,000 $101,165
5-6% 20 $2,000,000 $100,000
6-7% 1 $205,000 $205,000

During 2021, Union Savings Bank's average interest rate of loans were 3.00%, while their most frequently originated rate bucket of loans were 2.5-3%, with 17,715 originations.

Loan Sizing

Loan Size Originations Total Value Average Loan Average Fees Average Rate
$100k-200k 11,260 $1,670,430,000 $148,351 $927 2.88%
$200k-400k 9,590 $2,593,810,000 $270,470 $1,373 2.87%
$100,000 or less 5,129 $301,055,000 $58,697 $519 2.86%
$400k-600k 1,603 $759,815,000 $473,996 $1,987 2.87%
$600k-1MM 173 $125,115,000 $723,208 $4,320 3.06%
$1MM+ 64 $123,390,000 $1,927,969 $10,166 3.40%

2021 saw Union Savings Bank place emphasis on $100k-200k loans with 11,260 originations, totaling $1,670,430,000 in origination value.

Applicant Income

Applicant Income Originations Total Value Average Loan Average Fees Average Rate
$100k-150k 7,189 $1,564,605,000 $217,639 $1,126 2.89%
$50k-75k 5,286 $755,420,000 $142,910 $1,067 2.89%
$75k-100k 5,059 $896,755,000 $177,259 $1,128 2.90%
$150k-250k 4,902 $1,325,290,000 $270,357 $1,205 2.89%
$50k or less 3,390 $305,160,000 $90,018 $908 2.75%
$250k+ 1,539 $561,135,000 $364,610 $1,493 2.89%

Union Savings Bank lent most frequently to those with incomes in the $100k-150k range, with 7,189 originations. The second most popular income band? $50k-75k, with 5,286 originations.

Applicant Debt to Income Ratio

DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
20-30% 9,407 $1,901,055,000 $202,089 $1,032 2.90%
<20% 6,086 $1,146,070,000 $188,313 $776 2.85%
30-36% 4,945 $1,045,835,000 $211,493 $1,310 2.94%
36% 704 $143,630,000 $204,020 $1,235 2.94%
37% 702 $145,110,000 $206,709 $1,509 2.97%
38% 608 $135,070,000 $222,155 $1,446 2.95%
39% 603 $126,285,000 $209,428 $1,460 3.00%
40% 598 $127,160,000 $212,642 $1,344 2.95%
41% 516 $116,020,000 $224,845 $1,714 2.92%
42% 491 $107,485,000 $218,910 $1,635 2.94%
43% 408 $94,010,000 $230,417 $1,598 2.99%
44% 397 $92,125,000 $232,053 $1,711 2.95%
45% 277 $59,635,000 $215,289 $1,659 2.90%
46% 229 $48,655,000 $212,467 $1,342 2.91%
47% 176 $40,630,000 $230,852 $1,603 2.91%
50-60% 138 $34,100,000 $247,101 $4,542 2.92%
48% 136 $30,160,000 $221,765 $2,129 2.94%
49% 111 $25,895,000 $233,288 $2,310 2.92%
>60% 4 $1,180,000 $295,000 $2,616 3.56%

Union Savings Bank lent most frequently to those with DTI ratios of 20-30%, with 9,407 originations. The next most common DTI ratio? <20%, with 6,086 originations.

Ethnicity Mix

Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
White 22,967 $4,681,475,000 $203,835 $1,136 2.91%
Not provided 2,299 $526,125,000 $228,849 $1,211 2.90%
Asian 1,039 $224,855,000 $216,415 $1,079 2.81%
Black 1,369 $92,735,000 $67,739 $784 2.34%
Not applicable 8 $20,330,000 $2,541,250 $19,862 3.97%
Asian Indian 57 $14,395,000 $252,544 $1,464 2.75%
American Indian 29 $4,145,000 $142,931 $1,276 2.89%
Native Hawaiian 20 $3,330,000 $166,500 $897 2.71%
Other Asian 14 $2,560,000 $182,857 $1,165 2.77%
Chinese 8 $2,020,000 $252,500 $991 2.81%
Vietnamese 3 $675,000 $225,000 $910 2.92%
Filipino 3 $555,000 $185,000 $1,987 2.96%
Other Pacific Islander 2 $290,000 $145,000 $1,709 2.88%
Korean 1 $125,000 $125,000 $300 3.00%

Approval Rates

Total approvals of all applications
91.54%

Union Savings Bank has an average approval rate.

Pick Rate

Approvals leading to origination
89.12%

Union Savings Bank has an average pick rate.

Points and Fees

Points Originations Total Value Average Loan
NA 27,819 $5,573,615,000 $200,353

Occupancy Type Mix

Dwelling Type Originations Total Value Average Loan
27,819 $5,573,615,000 $200,353

LTV Distribution

Loan to Value Originations Total Value Average Loan Average Fees Average Rate
20-40% 3,403 $434,865,000 $127,789 $521 2.86%
40-60% 7,905 $1,485,855,000 $187,964 $650 2.81%
60-80% 10,977 $2,665,635,000 $242,838 $1,242 2.92%
80-100% 3,638 $911,280,000 $250,489 $2,484 2.93%
Over 100% 59 $17,295,000 $293,136 $9,021 2.62%
Under 20% 1,837 $58,685,000 $31,946 $300 2.79%

Bank Details

Branches

Bank Name Branch Branch Type Deposits (000's)
Union Savings Bank 1614 Washington Road Pittsburgh, PA 15241 Full Service B&M $115,539
Union Savings Bank 14 S Weston Rd Troy, OH 45373 Full Service B&M $34,798
Union Savings Bank 20 Prestige Plaza Drive Miamisburg, OH 45342 Full Service B&M $9,484
Union Savings Bank 2137 Beechmont Avenue Cincinnati, OH 45230 Full Service B&M $81,944
Union Savings Bank 2237 South Curry Pike Bloomington, IN 47403 Full Service B&M $54,298
Union Savings Bank 2655 Central Avenue Columbus, IN 47201 Full Service B&M $33,736
Union Savings Bank 2691 Madison Rd. Cincinnati, OH 45208 Full Service B&M $70,323
Union Savings Bank 2794 Colonel Glenn Hwy. Fairborn, OH 45324 Full Service B&M $54,094
Union Savings Bank 3030 Woodman Drive Kettering, OH 45420 Full Service B&M $96,346
Union Savings Bank 3250 Northwest Blvd. Upper Arlington, OH 43221 Full Service B&M $59,521
Union Savings Bank 3550 W. Dublin Granville Columbus, OH 43235 Full Service B&M $89,813
Union Savings Bank 4090 Hoover Rd. Grove City, OH 43123 Full Service B&M $75,958
Union Savings Bank 44 S. State St. Westerville, OH 43081 Full Service B&M $76,122
Union Savings Bank 510 West Loveland Avenue Loveland, OH 45140 Full Service B&M $83,157
Union Savings Bank 525 West National Road Englewood, OH 45322 Full Service B&M $122,975
Union Savings Bank 5556 William Flynn Hwy Gibsonia, PA 15044 Full Service B&M $89,278
Union Savings Bank 1499 W Dupont Road Fort Wayne, IN 46825 Full Service B&M $71,329
Union Savings Bank 1654 East Main Street Lancaster, OH 43130 Full Service B&M $96,220
Union Savings Bank 100 E Market Street Xenia, OH 45385 Full Service B&M $7,215
Union Savings Bank 1040 E Second St Franklin, OH 45005 Full Service B&M $52,285
Union Savings Bank 1160 Kemper Meadow Dr Cincinnati, OH 45240 Full Service Retail $2,693
Union Savings Bank 1225 Main Street Hamilton, OH 45013 Full Service B&M $110,505
Union Savings Bank 1320 Brice Road Reynoldsburg, OH 43068 Full Service B&M $122,148
Union Savings Bank 1330 Morse Road Columbus, OH 43229 Full Service B&M $59,183
Union Savings Bank 5651 Far Hills Avenue Dayton, OH 45429 Full Service B&M $152,895
Union Savings Bank 5881 E. 82nd St Indianapolis, IN 46250 Full Service B&M $92,151
Union Savings Bank 6393 Glenway Ave. Western Hills, OH 45211 Full Service B&M $119,401
Union Savings Bank 6701 Hamilton Ave. Cincinnati, OH 45224 Full Service B&M $65,337
Union Savings Bank 721 Wessel Dr. Fairfield, OH 45014 Full Service B&M $69,689
Union Savings Bank 7435 Kenwood Road Cincinnati, OH 45236 Full Service B&M $22,140
Union Savings Bank 7615 Voice Of America Center Drive West Chester, OH 45069 Full Service B&M $44,820
Union Savings Bank 8320 Plainfield Road Cincinnati, OH 45236 Full Service B&M $84,963
Union Savings Bank 843 Eastgate S. Dr Cincinnati, OH 45245 Full Service B&M $66,408
Union Savings Bank 8534 East Kemper Road Cincinnati, OH 45249 Full Service B&M $507,038
Union Savings Bank 91 Byrd Way Greenwood, IN 46143 Full Service B&M $21,987

For 2021, Union Savings Bank had 35 branches.

Yearly Performance Overview

Bank Income

Item Value (in 000's)
Total interest income $96,682
Net interest income $77,284
Total noninterest income $124,414
Gross Fiduciary activities income $0
Service charges on deposit accounts $237
Trading account gains and fees $0
Additional Noninterest Income $124,177
Pre-tax net operating income $123,789
Securities gains (or losses, -) $-1,278
Income before extraordinary items $122,511
Discontinued Operations (Extraordinary gains, net) $0
Net income of bank and minority interests $122,511
Minority interest net income $0
Net income $122,511
Sale, conversion, retirement of capital stock, net $0
Net operating income $123,789

Union Savings Bank's gross interest income from loans was $96,682,000.
Union Savings Bank's net interest income from loans was $77,284,000.
Union Savings Bank's fee based income from loans was $237,000.
Union Savings Bank's net income from loans was $122,511,000.

Bank Expenses

Item Value (in 000's)
Total interest expense $19,398
Provision for credit losses $360
Total noninterest expense $77,549
Salaries and employee benefits $50,879
Premises and equipment expense $12,872
Additional noninterest expense $13,798
Applicable income taxes $0
Net charge-offs $-160
Cash dividends $111,103

Union Savings Bank's interest expense for loans was $19,398,000.
Union Savings Bank's payroll and benefits expense were $50,879,000.
Union Savings Bank's property, plant and equipment expenses $12,872,000.

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 $3,052,071
Deposits held in domestic offices $3,052,071
Deposits by Individuals, partnerships, and corporations $3,052,072
Deposits by U.S. Government $0
Deposits by States and political subdivisions in the U.S. $0
Deposits by Commercial banks and other depository institutions in U.S. $0
Deposits by Banks in foreign countries $0
Deposits by Foreign governments and official institutions $0
Transaction accounts $1,032,981
Demand deposits $332,246
Nontransaction accounts $2,019,091
Money market deposit accounts (MMDAs) $0
Other savings deposits (excluding MMDAs) $548,866
Total time deposits $1,470,223
Total time and savings deposits $2,719,826
Noninterest-bearing deposits $378,551
Interest-bearing deposits $2,673,520
Retail deposits $2,765,401
IRAs and Keogh plan accounts $137,222
Brokered deposits $0
Deposits held in foreign offices $0

Assets

Asset Value (in 000's)
Total Assets $3,463,554
Cash & Balances due from depository institutions $1,054,331
Interest-bearing balances $1,036,343
Total securities $7,529
Federal funds sold & reverse repurchase $2,029
Net loans and leases $2,151,528
Loan and leases loss allowance $30,486
Trading account assets $0
Bank premises and fixed assets $53,920
Other real estate owned $9
Goodwill and other intangibles $82,444
All other assets $111,764

Liabilities

Liabilities Value (in 000's)
Total liabilities and capital $3,463,554
Total Liabilities $3,097,527
Total deposits $3,052,071
Interest-bearing deposits $2,673,520
Deposits held in domestic offices $3,052,071
% insured (estimated) $85
Federal funds purchased and repurchase agreements $0
Trading liabilities $0
Other borrowed funds $0
Subordinated debt $0
All other liabilities $45,456

Issued Loan Types

Type Value (in 000's)
Net loans and leases $2,151,528
Loan and leases loss allowance $30,486
Total loans and leases (domestic) $2,182,014
All real estate loans $2,124,826
Real estate loans in domestic offices $2,124,826
Construction and development loans $157,712
Residential 1-4 family construction $88,522
Other construction, all land development and other land $69,190
Loans secured by nonfarm nonresidential properties $132,746
Nonfarm nonresidential secured by owner-occupied properties $0
Commercial real estate & other non-farm, non-residential $132,746
Multifamily residential real estate $88,810
1-4 family residential loans $1,745,318
Farmland loans $240
Loans held in foreign offices $0
Farm loans $0
Commercial and industrial loans $39,294
To non-U.S. addressees $0
Loans to individuals $17,894
Credit card loans $0
Related Plans $34
Consumer Auto Loans $0
Other loans to individuals $17,860
All other loans & leases $0
Loans to foreign governments and official institutions $0
Other loans $0
Loans to depository institutions and acceptances of other banks $0
Loans not secured by real estate $0
Loans secured by real estate to non-U.S. addressees $0
Restructured Loans & leases $5,534
Non 1-4 family restructured loans & leases $3,099
Total loans and leases (foreign) $0

Union Savings Bank had $2,151,528,000 of loans outstanding in 2021. $2,124,826,000 of loans were in real estate loans. $157,712,000 of loans were in development loans. $88,810,000 of loans were in multifamily mortgage loans. $1,745,318,000 of loans were in 1-4 family mortgage loans. $0 of loans were in farm loans. $0 of loans were in credit card loans. $0 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 192 $40,856 $212,792
Nonfarm, nonresidential loans - <$100k 38 $1,622 $42,684
Nonfarm, nonresidential loans - $100-250k 64 $7,786 $121,656
Nonfarm, nonresidential loans - $250k-1MM 90 $31,448 $349,422
Commercial & Industrial, US addressed loans - <$1MM 20 $8,108 $405,400
Commercial & Industrial, US addressed loans - <$100k 2 $188 $94,000
Commercial & Industrial, US addressed loans - $100-250k 5 $922 $184,400
Commercial & Industrial, US addressed loans - $250k-1MM 13 $6,998 $538,308
Farmland loans - <$1MM 3 $240 $80,000
Farmland loans - $100-250k 2 $174 $87,000
Farmland loans - $250k-1MM 1 $66 $66,000