The Union Bank, Financial Information

AboutThe Union Bank

 Address:
305 North Main Street
Marksville,LA
Avoyelles Parish,Louisiana
 Established:
Sep 1910
 Number of domestic offices:
10
Total assets$233M
Net income$-2M
Net income,quarterly$2M
Total deposits$200M
Domestic deposits$200M
Equity capital$20M
ROA-0.83%
ROAQ,quarterly2.75%
ROA,pretax2.75%
ROAQ,quarterly,pretax2.75%
ROE-9.91%
ROEQ,quarterly33.58%
UpdatedApr 11, 2013

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.

The Union Bank was established on Saturday, September 3, 1910 and had capital stock of $25,000. During the Stock Market crash and the Great Depression of the later 1920's, The Union Bank survived and even flourished. In 1935, The Union Bank absorbed the Marksville branch of the Avoyelles Trust and Savings Bank of Bunkie, Louisiana. By 1941, there were three banks left in the parish of Avoyelles.

The bank, through strong customer relations, is growing and has opened branches throughout the area: Its first branch on Tunica Drive in Marksville was opened on August 3, 1974, on March 3, 1986, our Hessmer branch was opened, on January 23, 1993, our Bunkie branch was opened, on July 20, 2000, our Alexandria branch was opened, on April 24, 2003, our Pineville branch was opened, on June 16, 2007, our Moreauville branch was opened.

The Union Bank is dedicated to sound customer service and carries a proven record of customer relationships.

Main Office
305 North Main St.
Marksville, LA 71351
Phone: 318-253-4531
Fax: 318-253-5910

Hours:
Lobby Mon-Thur - 8:30am to 3:00pm - Fridays - 8:30am to 5:00pm
Drive-UP Mon-Thur - 8:00am to 4:00pm - Fridays - 8:00am to 5:00pm