The Union Bank, Financial Information

About The Union Bank

 Address:
1700 Highway 49 North
Beulah, ND
Mercer County, North Dakota
 Established:
Jan 1899
 Number of domestic offices:
5
Agriculture bank
Total assets$239M
Net income$1M
Net income, quarterly$0M
Total deposits$213M
Domestic deposits$213M
Equity capital$26M
ROA0.48%
ROAQ, quarterly0.61%
ROA, pretax0.61%
ROAQ, quarterly, pretax0.56%
ROE4.66%
ROEQ, quarterly5.81%
UpdatedMay 20, 2021

Terms and Definitions

  • Domestic deposits
    The sum of all domestic deposits, including demand deposits, money market deposits and time deposits.
  • Equity capital
    Total equity capital (includes preferred and common stock, surplus and undivided profits).
  • ROA
    Return on assets, net income after taxes and extraordinary items (annualized) as a percent of average total assets.
  • ROE
    Return on equity, annualized net income as a percent of average equity on a consolidated basis.

Originally, the bank began in Dunn Center as The Union Bank of Dunn Center and was incorporated on July 28, 1924. The Union Bank charter was moved to Beulah, North Dakota in 1995. A third location was opened in Hazen on February 14, 2005. Wayne Hoffner became President in July 2010.

On August 1, 2013 The Union Bank purchased the First State Bank of Wilton. Wilton is located 20 miles north of Bismarck on Highway 83. Assets of the Wilton Bank and their branch in Wing, ND were $35,800.00. Combined total assets of the banks in Halliday Beulah, Hazen, Wilton and Wing are now at $127,000,000.00.

The Union Bank of Halliday
13 East Main Street
P.O. Box 98
Halliday, ND 58636
Phone: (701) 938-4311
Fax: (701) 938-4313
TeleBank: 748-5207
(Toll Free) 1-888-873-2902

The Union Bank of Beulah
1700 Hwy 49 North
P.O. Box 789
Beulah, ND 58523
Phone: (701) 873-2900
Fax: (701) 873-2940
TeleBank: 748-5207
(Toll Free) 1-888-873-2902

The Union Bank of Hazen
222 7th. St. NW
P.O. Box 410
Hazen, ND 58545
Phone: (701) 748-2900
Fax: (701) 748-2940
TeleBank: 748-5207
(Toll Free) 1-888-873-2902

The Union Bank of Wilton
110 Dakota Ave
P.O. Box 309
Wilton, ND 58579
Phone: (701) 734-6316
Fax: (701) 734-6502
TeleBank: 748-5207
(Toll Free) 1-888-873-2902