Bank · FDIC insured
Union Bank
A $396.7M bank headquartered in Grand Rapids, MI, with 7 branches in Michigan. Best rates: CDs 4.16% and savings 1.00% APY.
Union Bank Carrot Score
76
Carrot Score
Higher than 42% of U.S. banks and credit unions
#29 of 49 in Grand Rapids, MI metroHow the score works →
Deposits are federally insured by the FDIC up to $250,000 per depositor.
About Union Bank
Union Bank has been serving West Michigan since 1934.
- Headquarters
- 670 Cascade West Pkwy Se, Grand Rapids, MI 49546
- FDIC certificate
- 14722 ↗
Branches
7 branches in Michigan
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Michigan
7 branches
Grand Rapids area · 4
- Union BankMain office670 Cascade West Pkwy Se, Grand Rapids, MI 49546Directions
- Ada Branch523 Ada Dr Se, Ada, MI 49301Directions
- Hastings Branch529 W State St, Hastings, MI 49058Directions
- Lake Odessa Branch1150 Jordan Lake St, Lake Odessa, MI 48849Directions
Lansing area · 3
- Dimondale Branch127 East Rd, Dimondale, MI 48821Directions
- Mulliken Branch233 W Grand Ledge Hwy, Mulliken, MI 48861Directions
- Westphalia Branch202 E Main St, Westphalia, MI 48894Directions
Walk-in offices from the FDIC directory as of September 4, 2026. Directions open Google Maps. A nearby branch doesn’t mean you can join or open an account.
Financial details
| Measure | This bank | Peers’ middle | Strongest quarter |
|---|---|---|---|
| CapitalLeverage ratio | 8.83% | 10.98% | 13.00% or more |
| Troubled loansNoncurrent | 1.07% | 0.42% | 0.09% or less |
| ProfitabilityReturn on assets | 0.75% | 1.24% | 1.68% or more |
| LendingLoans per $100 deposited | $102 | $81 | — |
- CapitalLeverage ratio8.83%Peers’ middle 10.98% · Top 25% 13.00%+
- Troubled loansNoncurrent1.07%Peers’ middle 0.42% · Top 25% ≤0.09%
- ProfitabilityReturn on assets0.75%Peers’ middle 1.24% · Top 25% 1.68%+
- LendingLoans per $100 deposited$102Peers’ middle $81
Compared with the 2,650 banks with $100 million to $1 billion in assets. The strongest quarter is what the best 25% of them reach: more capital and profit, fewer troubled loans. Lending has no better end.Troubled loans are noncurrent: 90 or more days late, or no longer earning interest.
Regulators’ own ratings of Union Bank are confidential. These figures are what it reports to the FDIC each quarter, set beside its peers; they aren’t a rating.