Union National Bank & Trust Company, Financial Information

AboutUnion National Bank & Trust Company

 Address:
124 West Oak Street
Sparta,WI
Monroe County,Wisconsin
 Established:
Jan 1934
 Number of domestic offices:
2
Total assets$113M
Net income$1M
Net income,quarterly$0M
Total deposits$96M
Domestic deposits$96M
Equity capital$17M
ROA1.32%
ROAQ,quarterly1.5%
ROA,pretax1.5%
ROAQ,quarterly,pretax2.35%
ROE8.47%
ROEQ,quarterly9.97%
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.

Union National Bank offers a full range of products and services designed to meet and exceed your banking expectations. The history of the Union National Bank & Tr Co began with the organization of the Monroe County Bank in 1894. George G. Dunn was the first president and served until 1920. In 1933 Melvina State Bank was merged with the Monroe County Bank.

In 1907 the Farmers National Bank was organized as the Citizens State Bank. In 1919 it was converted to the Farmers National Bank. The first president was W. A. Jones.

The Monroe County Bank and Farmers National Bank merged on November 21st, 1969 and the name was changed to the Union National Bank & Tr. Co. A. N. Wall was the senior member of the board of directors (elected to the board in 1937) and the President of the bank, with John R. Wall as Vice-President. John R. Wall became president in 1972 when A. N. Wall retired.

The Union National Bank & Trust Co. moved into a new, one-story building at its current site in August of 1971. During the early morning of August 23, 1991 the original building sustained major damage due to a fire. John Wall accepted a deposit from a customer within one hour of the normal opening time, from the back of a truck. Temporary offices were set-up with the existing building re-opening in November 1992.

Union National Bank is only locally owned, independent bank in Sparta. All decisions are made here. Union National Bank's primary regulator is the OCC.

124 W Oak St, PO Box 249
Sparta WI 54656

(608) 269-6737
(608) 269-7805 fax

Hours: Monday - Friday
Drive-up 8:00-5:00
Lobby: 8:30-5:00

24 Hour ATM Access