Union Savings Bank Mortgage Rates, Fees & Info
Cincinnati, OHLEI: 549300HFBEONQN2CK447
Tax ID: 31-0473290
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Review & Overview
Union Savings Bank is a mid-sized bank specializing in Home Purchase and Refi 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 by origination volume include: Cincinnati, Columbus, Indianapolis, Dayton, and Pittsburgh among others. We have data for 142 markets. (Some data included below & more in-depth data is available with an active subscription.)Union Savings Bank 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. Union Savings Bank is typically a low 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.
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SimulatedRates™Mortgage Type |
Simulated Rate | Simulation Date |
|---|---|---|
| Home Equity Line of Credit (HELOC) | 6.47% | 12/16/24 |
| 30 Year Conventional Purchase | 6.59% | 12/16/24 |
| 30 Year Conventional Refi | 6.38% | 12/16/24 |
| 30 Year Cash-out Refi | 6.48% | 12/16/24 |
| 30 Year FHA Purchase | 7.28% | 12/16/24 |
| 30 Year FHA Refi | 7.19% | 12/16/24 |
| 30 Year VA Purchase | 6.17% | 12/16/24 |
| 30 Year VA Refi | 5.73% | 12/16/24 |
| 30 Year USDA Purchase | 6.80% | 12/16/24 |
| 30 Year USDA Refi | 6.93% | 12/16/24 |
| 15 Year Conventional Purchase | 5.82% | 12/16/24 |
| 15 Year Conventional Refi | 5.80% | 12/16/24 |
| 15 Year Cash-out Refi | 5.80% | 12/16/24 |
| 15 Year FHA Refi | 5.96% | 12/16/24 |
| 15 Year VA Purchase | 6.23% | 12/16/24 |
| 15 Year VA Refi | 5.68% | 12/16/24 |
| 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. | ||
Union Savings Bank Mortgage Calculator
Your Estimates
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This is not an official calculator from Union Savings Bank. It uses our SimulatedRate™
technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.
The default purchase price is the median sales price across the US for 2022Q4, per FRED.
Originations
16,551Origination Dollar Volume (All Markets)
$3,449,635,000Employee count
514Awards
Union Savings Bank - 2019
Union Savings Bank is a 2019 , due to their low .
For 2019, less than of lenders were eligible for this award.
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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 |
|---|---|---|---|---|---|
| CINCINNATI, OH-KY-IN (FHA|USDA|VA) | 5,917 | $1,276,905,000 | $215,803 | $1,341 | 3.94% |
| COLUMBUS, OH (FHA|USDA|VA) | 3,531 | $775,945,000 | $219,752 | $1,635 | 3.92% |
| INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) | 2,308 | $480,000,000 | $207,972 | $1,092 | 3.88% |
| DAYTON-KETTERING, OH (FHA|USDA|VA) | 2,552 | $455,580,000 | $178,519 | $1,456 | 3.96% |
| PITTSBURGH, PA (FHA|USDA|VA) | 414 | $91,090,000 | $220,024 | $3,071 | 3.84% |
| FORT WAYNE, IN (FHA|USDA|VA) | 571 | $89,475,000 | $156,699 | $1,179 | 3.79% |
| COLUMBUS, IN (FHA|USDA|VA) | 183 | $35,545,000 | $194,235 | $744 | 3.79% |
| Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) | 18 | $24,300,000 | $1,350,000 | $17,689 | 5.00% |
| Outside of Metro Areas | 110 | $17,260,000 | $156,909 | $1,620 | 3.90% |
| SPRINGFIELD, OH (FHA|USDA|VA) | 81 | $12,045,000 | $148,704 | $1,533 | 3.85% |
| LOUISVILLE, KY (FHA|USDA|VA) | 46 | $11,140,000 | $242,174 | $1,855 | 3.97% |
| BLOOMINGTON, IN (FHA|USDA|VA) | 62 | $10,600,000 | $170,968 | $1,031 | 3.88% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 26 | $10,420,000 | $400,769 | $4,994 | 4.31% |
| LEXINGTON-FAYETTE, KY (FHA|USDA|VA) | 45 | $10,245,000 | $227,667 | $1,673 | 3.81% |
| Mount Vernon, OH (FHA|USDA|VA) | 37 | $7,635,000 | $206,351 | $1,393 | 3.93% |
| Wilmington, OH (FHA|USDA|VA) | 39 | $7,605,000 | $195,000 | $1,817 | 3.94% |
| New Castle, PA (FHA|USDA|VA) | 50 | $6,900,000 | $138,000 | $2,964 | 3.63% |
| CLEVELAND-ELYRIA, OH (FHA|USDA|VA) | 31 | $6,775,000 | $218,548 | $1,877 | 3.85% |
| Sidney, OH (FHA|USDA|VA) | 31 | $6,295,000 | $203,065 | $1,830 | 3.98% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 10 | $5,360,000 | $536,000 | $9,424 | 3.99% |
| Bellefontaine, OH (FHA|USDA|VA) | 26 | $4,820,000 | $185,385 | $1,246 | 4.03% |
| North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 13 | $4,075,000 | $313,462 | $2,961 | 3.96% |
| Greenville, OH (FHA|USDA|VA) | 23 | $3,645,000 | $158,478 | $2,078 | 4.10% |
| Auburn, IN (FHA|USDA|VA) | 19 | $3,325,000 | $175,000 | $1,508 | 3.81% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 5 | $3,285,000 | $657,000 | $6,783 | 3.85% |
| Urbana, OH (FHA|USDA|VA) | 20 | $3,260,000 | $163,000 | $1,131 | 3.84% |
| Warsaw, IN (FHA|USDA|VA) | 17 | $3,155,000 | $185,588 | $1,434 | 3.99% |
| Kendallville, IN (FHA|USDA|VA) | 15 | $3,135,000 | $209,000 | $978 | 3.82% |
| Bluffton, IN (FHA|USDA|VA) | 14 | $2,780,000 | $198,571 | $1,005 | 3.78% |
| Angola, IN (FHA|USDA|VA) | 12 | $2,680,000 | $223,333 | $946 | 3.72% |
| KNOXVILLE, TN (FHA|USDA|VA) | 8 | $2,510,000 | $313,750 | $2,298 | 3.78% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 9 | $2,185,000 | $242,778 | $2,874 | 3.88% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 8 | $2,130,000 | $266,250 | $2,982 | 3.73% |
| AKRON, OH (FHA|USDA|VA) | 10 | $2,050,000 | $205,000 | $1,619 | 3.98% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 2 | $2,020,000 | $1,010,000 | $3,399 | 3.25% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 1 | $1,975,000 | $1,975,000 | $12,310 | 4.75% |
| LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) | 4 | $1,910,000 | $477,500 | $3,124 | 4.00% |
| TOLEDO, OH (FHA|USDA|VA) | 10 | $1,910,000 | $191,000 | $1,695 | 3.99% |
| New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) | 2 | $1,860,000 | $930,000 | $2,562 | 3.75% |
| LAFAYETTE-WEST LAFAYETTE, IN (FHA|USDA|VA) | 12 | $1,830,000 | $152,500 | $740 | 3.98% |
| KOKOMO, IN (FHA|USDA|VA) | 14 | $1,770,000 | $126,429 | $699 | 3.93% |
| YOUNGSTOWN-WARREN-BOARDMAN, OH-PA (FHA|USDA|VA) | 11 | $1,605,000 | $145,909 | $2,395 | 3.93% |
| SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) | 1 | $1,505,000 | $1,505,000 | $0 | 4.25% |
| Huntington, IN (FHA|USDA|VA) | 13 | $1,495,000 | $115,000 | $1,769 | 3.84% |
| JACKSONVILLE, FL (FHA|USDA|VA) | 3 | $1,475,000 | $491,667 | $3,663 | 3.67% |
| PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) | 3 | $1,455,000 | $485,000 | $3,540 | 3.75% |
| Marion, OH (FHA|USDA|VA) | 10 | $1,410,000 | $141,000 | $1,680 | 3.93% |
| MANSFIELD, OH (FHA|USDA|VA) | 9 | $1,395,000 | $155,000 | $1,542 | 3.78% |
| Washington Court House, OH (FHA|USDA|VA) | 7 | $1,285,000 | $183,571 | $3,350 | 4.09% |
| PUNTA GORDA, FL (FHA|USDA|VA) | 5 | $1,255,000 | $251,000 | $2,569 | 3.98% |
| SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) | 1 | $1,205,000 | $1,205,000 | $2,732 | 3.25% |
| Findlay, OH (FHA|USDA|VA) | 6 | $1,190,000 | $198,333 | $1,226 | 3.75% |
| NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) | 3 | $1,175,000 | $391,667 | $3,505 | 4.00% |
| New Castle, IN (FHA|USDA|VA) | 6 | $1,160,000 | $193,333 | $1,801 | 3.77% |
| Chillicothe, OH (FHA|USDA|VA) | 6 | $1,140,000 | $190,000 | $3,619 | 3.81% |
| MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) | 3 | $1,105,000 | $368,333 | $6,793 | 3.75% |
| Seymour, IN (FHA|USDA|VA) | 7 | $1,045,000 | $149,286 | $701 | 3.84% |
| PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) | 3 | $1,035,000 | $345,000 | $2,850 | 3.58% |
| Wapakoneta, OH (FHA|USDA|VA) | 8 | $1,030,000 | $128,750 | $1,242 | 3.95% |
| Bedford, IN (FHA|USDA|VA) | 4 | $900,000 | $225,000 | $728 | 3.63% |
| Wooster, OH (FHA|USDA|VA) | 4 | $820,000 | $205,000 | $1,417 | 3.69% |
| MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) | 2 | $810,000 | $405,000 | $3,049 | 3.44% |
| SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) | 1 | $715,000 | $715,000 | $0 | 5.25% |
| SALINAS, CA (FHA|USDA|VA) | 1 | $715,000 | $715,000 | $167 | 3.88% |
| SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) | 1 | $695,000 | $695,000 | $6,534 | 3.50% |
| SALISBURY, MD-DE (FHA|USDA|VA) | 2 | $670,000 | $335,000 | $1,536 | 3.88% |
| ASHEVILLE, NC (FHA|USDA|VA) | 2 | $660,000 | $330,000 | $3,033 | 3.94% |
| Crossville, TN (FHA|USDA|VA) | 1 | $655,000 | $655,000 | $3,584 | 3.75% |
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 4 | $650,000 | $162,500 | $2,074 | 3.88% |
| HOMOSASSA SPRINGS, FL (FHA|USDA|VA) | 2 | $650,000 | $325,000 | $3,182 | 3.88% |
| CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) | 2 | $620,000 | $310,000 | $2,541 | 3.94% |
| Ashland, OH (FHA|USDA|VA) | 3 | $615,000 | $205,000 | $1,161 | 4.29% |
| Decatur, IN (FHA|USDA|VA) | 8 | $600,000 | $75,000 | $1,112 | 4.16% |
| HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) | 2 | $580,000 | $290,000 | $3,038 | 4.31% |
| Richmond, IN (FHA|USDA|VA) | 2 | $560,000 | $280,000 | $1,080 | 3.56% |
| Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) | 1 | $525,000 | $525,000 | $1,179 | 3.88% |
| HARRISBURG-CARLISLE, PA (FHA|USDA|VA) | 2 | $520,000 | $260,000 | $6,929 | 3.88% |
| Sandusky, OH (FHA|USDA|VA) | 2 | $520,000 | $260,000 | $285 | 3.50% |
| CANTON-MASSILLON, OH (FHA|USDA|VA) | 4 | $490,000 | $122,500 | $305 | 3.66% |
| Richmond-Berea, KY (FHA|USDA|VA) | 2 | $490,000 | $245,000 | $1,269 | 3.88% |
| Mount Sterling, KY (FHA|USDA|VA) | 3 | $485,000 | $161,667 | $697 | 3.67% |
| Greensburg, IN (FHA|USDA|VA) | 2 | $470,000 | $235,000 | $855 | 3.50% |
| FLINT, MI (FHA|USDA|VA) | 2 | $470,000 | $235,000 | $2,362 | 3.75% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 1 | $455,000 | $455,000 | $4,558 | 3.75% |
| RALEIGH-CARY, NC (FHA|USDA|VA) | 1 | $455,000 | $455,000 | $2,404 | 3.38% |
| Sevierville, TN (FHA|USDA|VA) | 1 | $435,000 | $435,000 | $8,966 | 4.25% |
| Key West, FL (FHA|USDA|VA) | 1 | $425,000 | $425,000 | $4,910 | 3.25% |
| SALT LAKE CITY, UT (FHA|USDA|VA) | 1 | $425,000 | $425,000 | $2,345 | 3.25% |
| OWENSBORO, KY (FHA|USDA|VA) | 1 | $425,000 | $425,000 | $1,067 | 3.75% |
| Athens, OH (FHA|USDA|VA) | 3 | $415,000 | $138,333 | $1,736 | 3.63% |
| Celina, OH (FHA|USDA|VA) | 3 | $415,000 | $138,333 | $961 | 4.00% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 2 | $410,000 | $205,000 | $5,380 | 3.75% |
| San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) | 1 | $405,000 | $405,000 | $0 | 3.75% |
| NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) | 1 | $395,000 | $395,000 | $3,723 | 4.00% |
| LIMA, OH (FHA|USDA|VA) | 2 | $370,000 | $185,000 | $1,072 | 3.50% |
| Detroit-Warren-Dearborn, MI (FHA|USDA|VA) | 2 | $350,000 | $175,000 | $1,568 | 3.44% |
| OKLAHOMA CITY, OK (FHA|USDA|VA) | 2 | $340,000 | $170,000 | $3,415 | 3.56% |
| SOUTH BEND-MISHAWAKA, IN-MI (FHA|USDA|VA) | 3 | $335,000 | $111,667 | $2,036 | 4.21% |
| North Vernon, IN (FHA|USDA|VA) | 2 | $330,000 | $165,000 | $411 | 3.88% |
| MICHIGAN CITY-LA PORTE, IN (FHA|USDA|VA) | 2 | $320,000 | $160,000 | $638 | 3.38% |
| Somerset, KY (FHA|USDA|VA) | 2 | $310,000 | $155,000 | $934 | 3.75% |
| Coldwater, MI (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $2,195 | 3.25% |
| CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $3,928 | 4.25% |
| WEIRTON-STEUBENVILLE, WV-OH (FHA|USDA|VA) | 2 | $280,000 | $140,000 | $3,013 | 3.69% |
| Zanesville, OH (FHA|USDA|VA) | 2 | $280,000 | $140,000 | $1,131 | 3.50% |
| GRAND JUNCTION, CO (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $2,217 | 3.25% |
| COLORADO SPRINGS, CO (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $5,803 | 2.88% |
| DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $3,115 | 4.50% |
| Maysville, KY (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $250 | 4.00% |
| Mountain Home, AR (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $1,197 | 3.75% |
| DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $3,335 | 3.75% |
| Portsmouth, OH (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $1,711 | 3.75% |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $2,497 | 3.50% |
| PANAMA CITY, FL (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $3,386 | 4.38% |
| PORT ST. LUCIE, FL (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $2,338 | 3.75% |
| Marion, IN (FHA|USDA|VA) | 2 | $210,000 | $105,000 | $1,304 | 3.50% |
| Tiffin, OH (FHA|USDA|VA) | 2 | $210,000 | $105,000 | $4,062 | 4.38% |
| ST. LOUIS, MO-IL (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $1,317 | 4.00% |
| ANN ARBOR, MI (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $1,687 | 3.63% |
| VALDOSTA, GA (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $2,696 | 3.38% |
| THE VILLAGES, FL (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $1,694 | 4.38% |
| Plymouth, IN (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $2,417 | 3.38% |
| Indiana, PA (FHA|USDA|VA) | 2 | $170,000 | $85,000 | $2,710 | 3.63% |
| Coshocton, OH (FHA|USDA|VA) | 2 | $170,000 | $85,000 | $613 | 3.81% |
| TERRE HAUTE, IN (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $2,792 | 3.50% |
| PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $2,328 | 3.63% |
| Connersville, IN (FHA|USDA|VA) | 2 | $160,000 | $80,000 | $417 | 4.38% |
| Oil City, PA (FHA|USDA|VA) | 3 | $145,000 | $48,333 | $2,843 | 3.00% |
| Frankfort, IN (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $1,497 | 3.25% |
| MUNCIE, IN (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $786 | 3.63% |
| FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $1,748 | 3.75% |
| Hillsdale, MI (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $1,914 | 3.50% |
| Bardstown, KY (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $1,039 | 3.25% |
| ELIZABETHTOWN-FORT KNOX, KY (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $2,132 | 4.00% |
| Van Wert, OH (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $4,295 | 3.25% |
| EVANSVILLE, IN-KY (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $595 | 3.75% |
| Danville, KY (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $295 | 4.00% |
| DuBois, PA (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $3,553 | 4.13% |
| Logansport, IN (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $2,631 | 4.00% |
| DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $0 | 4.25% |
| Norwalk, OH (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $305 | 3.25% |
| ALTOONA, PA (FHA|USDA|VA) | 1 | $35,000 | $35,000 | $3,550 | 4.00% |
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We use machine learning to identify the top lenders compared against Union Savings Bank based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
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Product Mix
For 2019, Union Savings Bank's most frequently originated type of loan was Conventional, with 14,527 originations. Their 2nd most popular type was FHA, with 912 originations.
Loan Reason
For 2019, Union Savings Bank's most frequently cited loan purpose was Home Purchase, with 6,691 originations. The 2nd most popular reason was Refi, with 6,452 originations.
Loan Duration/Length
For 2019, Union Savings Bank's most frequently cited loan duration was 30 Year, with 11,350 originations. The 2nd most popular length was 15 Year, with 2,992 originations.
Origination Fees/Closing Costs
Union Savings Bank's average total fees were $1,759, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 11,614 originations.
Interest Rates
During 2019, Union Savings Bank's average interest rate for loans was 3.94%, while their most frequently originated rate bucket for loans was 3-4%, with 11,598 originations.
Loan Sizing
2019 saw Union Savings Bank place emphasis on $100k-200k loans with 6,669 originations, totaling $997,775,000 in origination value.
Applicant Income
Union Savings Bank lent most frequently to those with incomes in the $100k-150k range, with 4,286 originations. The second most popular income band? $50k-75k, with 3,205 originations.
Applicant Debt to Income Ratio
Union Savings Bank lent most frequently to those with DTI ratios of 20-30%, with 5,545 originations. The next most common DTI ratio? 30-36%, with 3,308 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications91.08%
Union Savings Bank has an average approval rate.
Pick Rate
Approvals leading to origination87.43%
Union Savings Bank has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 16,551 | $3,449,635,000 | $208,425 |
Occupancy Type Mix
| Dwelling Type | Originations | Total Value | Average Loan |
|---|---|---|---|
| Multifamily:Site-Built | 45 | $29,835,000 | $663,000 |
| Single Family (1-4 Units):Site-Built | 16,506 | $3,419,800,000 | $207,185 |
LTV Distribution
Bank Details
Branches
| Bank Name | Branch | Branch Type | Deposits (000's) |
|---|---|---|---|
| Union Savings Bank | 1499 W Dupont Road Fort Wayne, IN 46825 | Full Service B&M | $65,155 |
| Union Savings Bank | 1614 Washington Road Pittsburgh, PA 15241 | Full Service B&M | $18,745 |
| Union Savings Bank | 100 E Market Street Xenia, OH 45385 | Full Service B&M | $5,012 |
| Union Savings Bank | 1040 E Second St Franklin, OH 45005 | Full Service B&M | $44,422 |
| Union Savings Bank | 1160 Kemper Meadow Dr Cincinnati, OH 45240 | Full Service Retail | $848 |
| Union Savings Bank | 1225 Main Street Hamilton, OH 45013 | Full Service B&M | $98,560 |
| Union Savings Bank | 1320 Brice Road Reynoldsburg, OH 43068 | Full Service B&M | $116,234 |
| Union Savings Bank | 1330 Morse Road Columbus, OH 43229 | Full Service B&M | $56,659 |
| Union Savings Bank | 14 S Weston Rd Troy, OH 45373 | Full Service B&M | $31,879 |
| Union Savings Bank | 1654 East Main Street Lancaster, OH 43130 | Full Service B&M | $85,835 |
| Union Savings Bank | 20 Prestige Plaza Drive Miamisburg, OH 45342 | Full Service B&M | $8,166 |
| Union Savings Bank | 2137 Beechmont Avenue Cincinnati, OH 45230 | Full Service B&M | $78,734 |
| Union Savings Bank | 2237 South Curry Pike Bloomington, IN 47403 | Full Service B&M | $54,767 |
| Union Savings Bank | 2655 Central Avenue Columbus, IN 47201 | Full Service B&M | $33,465 |
| Union Savings Bank | 2691 Madison Rd. Cincinnati, OH 45208 | Full Service B&M | $60,316 |
| Union Savings Bank | 2794 Colonel Glenn Hwy. Fairborn, OH 45324 | Full Service B&M | $55,629 |
| Union Savings Bank | 3030 Woodman Drive Kettering, OH 45420 | Full Service B&M | $89,031 |
| Union Savings Bank | 3250 Northwest Blvd. Upper Arlington, OH 43221 | Full Service B&M | $61,390 |
| Union Savings Bank | 3550 W. Dublin Granville Columbus, OH 43235 | Full Service B&M | $86,905 |
| Union Savings Bank | 4090 Hoover Rd. Grove City, OH 43123 | Full Service B&M | $68,086 |
| Union Savings Bank | 44 S. State St. Westerville, OH 43081 | Full Service B&M | $73,709 |
| Union Savings Bank | 510 West Loveland Avenue Loveland, OH 45140 | Full Service B&M | $76,085 |
| Union Savings Bank | 525 West National Road Englewood, OH 45322 | Full Service B&M | $111,936 |
| Union Savings Bank | 5556 William Flynn Hwy Gibsonia, PA 15044 | Full Service B&M | $17,602 |
| Union Savings Bank | 5651 Far Hills Avenue Dayton, OH 45429 | Full Service B&M | $142,662 |
| Union Savings Bank | 5881 E. 82nd St Indianapolis, IN 46250 | Full Service B&M | $95,538 |
| Union Savings Bank | 6393 Glenway Ave. Western Hills, OH 45211 | Full Service B&M | $104,848 |
| Union Savings Bank | 6701 Hamilton Ave. Cincinnati, OH 45224 | Full Service B&M | $61,660 |
| Union Savings Bank | 721 Wessel Dr. Fairfield, OH 45014 | Full Service B&M | $53,300 |
| Union Savings Bank | 7435 Kenwood Road Cincinnati, OH 45236 | Full Service B&M | $19,498 |
| Union Savings Bank | 7615 Voice Of America Center Drive West Chester, OH 45069 | Full Service B&M | $35,968 |
| Union Savings Bank | 8320 Plainfield Road Cincinnati, OH 45236 | Full Service B&M | $69,380 |
| Union Savings Bank | 843 Eastgate S. Dr Cincinnati, OH 45245 | Full Service B&M | $51,324 |
| Union Savings Bank | 8534 East Kemper Road Cincinnati, OH 45249 | Full Service B&M | $369,623 |
| Union Savings Bank | 91 Byrd Way Greenwood, IN 46143 | Full Service B&M | $8,655 |
For 2019, Union Savings Bank had 35 branches.
Yearly Performance Overview
Bank Income
| Item | Value (in 000's) |
|---|---|
| Total interest income | $116,641 |
| Net interest income | $77,048 |
| Total noninterest income | $40,110 |
| Gross Fiduciary activities income | $0 |
| Service charges on deposit accounts | $434 |
| Trading account gains and fees | $0 |
| Additional Noninterest Income | $39,676 |
| Pre-tax net operating income | $59,295 |
| Securities gains (or losses, -) | $-122 |
| Income before extraordinary items | $59,173 |
| Discontinued Operations (Extraordinary gains, net) | $0 |
| Net income of bank and minority interests | $59,173 |
| Minority interest net income | $0 |
| Net income | $59,173 |
| Sale, conversion, retirement of capital stock, net | $0 |
| Net operating income | $59,295 |
Union Savings Bank's gross interest income from loans was $116,641,000.
Union Savings Bank's net interest income from loans was $77,048,000.
Union Savings Bank's fee based income from loans was $434,000.
Union Savings Bank's net income from loans was $59,173,000.
Bank Expenses
| Item | Value (in 000's) |
|---|---|
| Total interest expense | $39,593 |
| Provision for credit losses | $80 |
| Total noninterest expense | $57,783 |
| Salaries and employee benefits | $36,397 |
| Premises and equipment expense | $9,780 |
| Additional noninterest expense | $11,606 |
| Applicable income taxes | $0 |
| Net charge-offs | $-1,386 |
| Cash dividends | $40,762 |
Union Savings Bank's interest expense for loans was $39,593,000.
Union Savings Bank's payroll and benefits expense were $36,397,000.
Union Savings Bank's property, plant and equipment expenses $9,780,000.
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 | $2,707,804 |
| Deposits held in domestic offices | $2,707,804 |
| Deposits by Individuals, partnerships, and corporations | $2,707,804 |
| 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 | $783,759 |
| Demand deposits | $351,150 |
| Nontransaction accounts | $1,924,045 |
| Money market deposit accounts (MMDAs) | $0 |
| Other savings deposits (excluding MMDAs) | $383,229 |
| Total time deposits | $1,540,816 |
| Total time and savings deposits | $2,356,654 |
| Noninterest-bearing deposits | $411,433 |
| Interest-bearing deposits | $2,296,371 |
| Retail deposits | $2,445,420 |
| IRAs and Keogh plan accounts | $129,611 |
| Brokered deposits | $0 |
| Deposits held in foreign offices | $0 |
Assets
| Asset | Value (in 000's) |
|---|---|
| Total Assets | $3,079,626 |
| Cash & Balances due from depository institutions | $251,198 |
| Interest-bearing balances | $235,501 |
| Total securities | $5,423 |
| Federal funds sold & reverse repurchase | $8,642 |
| Net loans and leases | $2,602,639 |
| Loan and leases loss allowance | $29,024 |
| Trading account assets | $0 |
| Bank premises and fixed assets | $36,051 |
| Other real estate owned | $78 |
| Goodwill and other intangibles | $74,632 |
| All other assets | $100,963 |
Liabilities
| Liabilities | Value (in 000's) |
|---|---|
| Total liabilities and capital | $3,079,626 |
| Total Liabilities | $2,753,186 |
| Total deposits | $2,707,804 |
| Interest-bearing deposits | $2,296,371 |
| Deposits held in domestic offices | $2,707,804 |
| % insured (estimated) | $88 |
| Federal funds purchased and repurchase agreements | $0 |
| Trading liabilities | $0 |
| Other borrowed funds | $0 |
| Subordinated debt | $0 |
| All other liabilities | $45,382 |
Issued Loan Types
| Type | Value (in 000's) |
|---|---|
| Net loans and leases | $2,602,639 |
| Loan and leases loss allowance | $29,024 |
| Total loans and leases (domestic) | $2,631,663 |
| All real estate loans | $2,596,418 |
| Real estate loans in domestic offices | $2,596,418 |
| Construction and development loans | $161,319 |
| Residential 1-4 family construction | $87,981 |
| Other construction, all land development and other land | $73,338 |
| Loans secured by nonfarm nonresidential properties | $149,656 |
| Nonfarm nonresidential secured by owner-occupied properties | $0 |
| Commercial real estate & other non-farm, non-residential | $149,656 |
| Multifamily residential real estate | $110,117 |
| 1-4 family residential loans | $2,175,070 |
| Farmland loans | $256 |
| Loans held in foreign offices | $0 |
| Farm loans | $0 |
| Commercial and industrial loans | $10,689 |
| To non-U.S. addressees | $0 |
| Loans to individuals | $24,557 |
| Credit card loans | $0 |
| Related Plans | $32 |
| Consumer Auto Loans | $0 |
| Other loans to individuals | $24,525 |
| 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 | $9,860 |
| Non 1-4 family restructured loans & leases | $4,960 |
| Total loans and leases (foreign) | $0 |
Union Savings Bank had $2,602,639,000 of loans outstanding in 2019. $2,596,418,000 of loans were in real estate loans. $161,319,000 of loans were in development loans. $110,117,000 of loans were in multifamily mortgage loans. $2,175,070,000 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 | 239 | $56,239 | $235,310 |
| Nonfarm, nonresidential loans - <$100k | 35 | $1,631 | $46,600 |
| Nonfarm, nonresidential loans - $100-250k | 85 | $10,164 | $119,576 |
| Nonfarm, nonresidential loans - $250k-1MM | 119 | $44,444 | $373,479 |
| Commercial & Industrial, US addressed loans - <$1MM | 1 | $468 | $468,000 |
| Commercial & Industrial, US addressed loans - $250k-1MM | 1 | $468 | $468,000 |
| Farmland loans - <$1MM | 3 | $256 | $85,333 |
| Farmland loans - $100-250k | 2 | $178 | $89,000 |
| Farmland loans - $250k-1MM | 1 | $78 | $78,000 |