Bank · FDIC insured
Union Federal Savings and Loan
A $145.6M bank headquartered in Kewanee, IL, with 6 branches in 2 states. Best rates: CDs 4.33% and savings 0.10% APY.
Union Federal Savings and Loan Carrot Score
65
Carrot Score
Higher than 13% of U.S. banks and credit unions
#19 of 28 in Davenport, IA-IL metroHow the score works →
Deposits are federally insured by the FDIC up to $250,000 per depositor.
About Union Federal Savings and Loan
Union Federal Savings and Loan Association was founded in 1890 as Union Building and Loan Association, established as a mutually owned thrift, and changed to a federal charter in 1936.
In 2015, the association merged with First Federal Savings and Loan Association under the Union Federal name, fulfilling its purpose to encourage home ownership and savings.
- Headquarters
- 104 N Tremont St, Kewanee, IL 61443
- FDIC certificate
- 27767 ↗
Branches
6 branches in 2 states
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Illinois
5 branches
- Union Federal Savings and Loan AssociationMain office104 N Tremont St, Kewanee, IL 61443Directions
- East Moline Branch357 42nd Ave, East Moline, IL 61244Directions
- 320 W Main St Branch320 W Main St, Geneseo, IL 61254Directions
- Milan Branch110 10th Ave W, Milan, IL 61264Directions
- Orion Branch1110 Division St, Orion, IL 61273Directions
Wisconsin
1 branch
- West Washington Avenue Branch115 W Washington Ave, Madison, WI 53703Directions
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 | 16.53% | 10.98% | 13.00% or more |
| Troubled loansNoncurrent | 0.51% | 0.42% | 0.09% or less |
| ProfitabilityReturn on assets | 0.25% | 1.24% | 1.68% or more |
| LendingLoans per $100 deposited | $92 | $81 | — |
- CapitalLeverage ratio16.53%Peers’ middle 10.98% · Top 25% 13.00%+
- Troubled loansNoncurrent0.51%Peers’ middle 0.42% · Top 25% ≤0.09%
- ProfitabilityReturn on assets0.25%Peers’ middle 1.24% · Top 25% 1.68%+
- LendingLoans per $100 deposited$92Peers’ 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 Federal Savings and Loan are confidential. These figures are what it reports to the FDIC each quarter, set beside its peers; they aren’t a rating.