Union Savings and Loan Association is a savings bank headquartered in Connersville, Indiana, in business for about 89 years. At the end of Q2 2026 it reported $261.8M in total assets and $233.7M in deposits, with 4 offices.
Based on its Q2 2026 filing, Union Savings and Loan Association scores 66/100, which we describe as moderate. That is higher than only 31% of 2,650 banks with $100 million – $1 billion. Among 88 banks headquartered in Indiana, it ranks 48th. Its strongest component is problem-loan coverage (86/100; 7.2%), and its lowest is capital cushion (55/100; 10.45%).
TellerScore · Q2 2026
Scorecard
The TellerScore is our own summary of the figures this institution reports publicly; it is not issued or endorsed by any government agency. It is not a prediction, and deposits within insurance limits are protected either way.
9 quarters
Health trend
From Q2 2025 to Q2 2026, the score rose 3 points (63 → 66), mostly because the earnings component improved by 11 points.
Show as table
| Quarter | TellerScore |
|---|---|
| Q2 2024 | 60 |
| Q3 2024 | 61 |
| Q4 2024 | 61 |
| Q1 2025 | 61 |
| Q2 2025 | 63 |
| Q3 2025 | 64 |
| Q4 2025 | 63 |
| Q1 2026 | 61 |
| Q2 2026 | 66 |
Show as table
| Quarter | Tier 1 leverage ratio |
|---|---|
| Q2 2024 | 9.23% |
| Q3 2024 | 9.48% |
| Q4 2024 | 9.44% |
| Q1 2025 | 9.43% |
| Q2 2025 | 9.81% |
| Q3 2025 | 9.81% |
| Q4 2025 | 9.95% |
| Q1 2026 | 10.14% |
| Q2 2026 | 10.45% |
Show as table
| Quarter | Noncurrent loans |
|---|---|
| Q2 2024 | 0.78% |
| Q3 2024 | 0.77% |
| Q4 2024 | 0.73% |
| Q1 2025 | 0.73% |
| Q2 2025 | 0.75% |
| Q3 2025 | 0.71% |
| Q4 2025 | 0.86% |
| Q1 2026 | 1.15% |
| Q2 2026 | 0.89% |
Show as table
| Quarter | Return on assets |
|---|---|
| Q2 2024 | 0.75% |
| Q3 2024 | 0.73% |
| Q4 2024 | 0.75% |
| Q1 2025 | 0.70% |
| Q2 2025 | 0.82% |
| Q3 2025 | 0.91% |
| Q4 2025 | 0.97% |
| Q1 2026 | 0.93% |
| Q2 2026 | 1.10% |
| Quarter | Score | Assets | Capital | Problem loans | ROA | Loans/deposits |
|---|---|---|---|---|---|---|
| Q2 2026 | 66 | $261.8M | 10.45% | 0.89% | 1.10% | 89.7% |
| Q1 2026 | 61 | $261.6M | 10.14% | 1.15% | 0.93% | 90.5% |
| Q4 2025 | 63 | $257.6M | 9.95% | 0.86% | 0.97% | 93.4% |
| Q3 2025 | 64 | $256.8M | 9.81% | 0.71% | 0.91% | 92.2% |
| Q2 2025 | 63 | $248.9M | 9.81% | 0.75% | 0.82% | 92.1% |
| Q1 2025 | 61 | $255.7M | 9.43% | 0.73% | 0.70% | 89.1% |
| Q4 2024 | 61 | $247.5M | 9.44% | 0.73% | 0.75% | 90.1% |
| Q3 2024 | 61 | $240.8M | 9.48% | 0.77% | 0.73% | 92.0% |
| Q2 2024 | 60 | $243.5M | 9.23% | 0.78% | 0.75% | 91.9% |
2,650 peers · $100 million – $1 billion
How it compares with peers
Percentile against banks of similar size nationwide (100th = best among peers; for ratios where lower is better, the scale is flipped).
Similar-size banks in Indiana
| Institution | Score | Assets | Capital | Problem loans | Compare |
|---|---|---|---|---|---|
| Wayne Bank and Trust Co.Bank Richmond, IN | 64 out of 100, Moderate | $255.3M | 9.5% | 0.49% | vs |
| Hendricks County Bank and Trust CompanyBank Brownsburg, IN | 67 out of 100, Moderate | $247.4M | 10.0% | 0.49% | vs |
| Logansport Savings BankBank Logansport, IN | 38 out of 100, Low | $276.5M | 10.0% | 2.92% | vs |
| Bank of WolcottBank Wolcott, IN | 81 out of 100, Strong | $280.3M | 12.0% | 0.43% | vs |
| Peoples Trust and Savings BankBank Boonville, IN | 53 out of 100, Below average | $240.6M | 13.0% | 2.09% | vs |
| Bedford Federal Savings BankBank Bedford, IN | 58 out of 100, Moderate | $303.0M | 10.0% | 1.69% | vs |
Deposit insurance
Is my money safe at Union Savings and Loan Association?
Yes. Union Savings and Loan Association is an FDIC-insured institution (FDIC certificate #29933). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.
An estimated 11.0% of deposits ($25.8M) are above the $250,000 FDIC insurance limit, below the peer median of 24%. Insured balances are protected regardless of the score.
The tier 1 leverage ratio is 10.45%, well above the 5% level regulators use as the "well capitalized" benchmark for this measure. Its total risk-based capital ratio is 0.00% (benchmark: 10%).
4 locations
Branches
Union Savings and Loan Association lists 4 offices in 3 cities. Most locations:
- Connersville, IN (2)
- Greenfield, IN (1)
- Rushville, IN (1)
Identity & history
Profile
- Legal name
- Union Savings and Loan Association
- Type
- Savings bank
- FDIC certificate #
- 29933
- RSSD ID
- 677970
- Primary regulator
- OCC
- Established
- August 1, 1937
- Headquarters
- 730 N Central Ave, Connersville, IN 47331
- Website
- www.uslabank.com
- Employees
- 58
Quick answers
Union Savings and Loan Association: common questions
Is Union Savings and Loan Association FDIC insured?
Yes. Union Savings and Loan Association is an FDIC-insured institution (FDIC certificate #29933). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.
What is Union Savings and Loan Association's TellerScore?
66 out of 100 (Moderate), based on its Q2 2026 publicly reported figures. The TellerScore is our own summary and is not issued by any government agency.
Has Union Savings and Loan Association ever failed?
There is no failure record for FDIC certificate #29933 in the FDIC failed bank list.
How many branches does Union Savings and Loan Association have?
4 offices as of the latest FDIC data.
Nearby
Highest-scoring banks and credit unions with branches near Connersville
| Institution | Score | Assets | Capital | Problem loans | Compare |
|---|---|---|---|---|---|
| Health Care Professionals Federal Credit UnionCredit union Richmond, IN | 96 out of 100, Very strong | $41.6M | 18.6% | 0.00% | vs |
| Wayne County Federal Credit UnionCredit union Richmond, IN | 89 out of 100, Very strong | $13.5M | 14.3% | 0.00% | vs |
| Eastern Indiana Federal Credit UnionCredit union New Castle, IN | 84 out of 100, Strong | $44.4M | 13.5% | 1.05% | vs |
| Miami Savings BankBank Miamitown, OH | 83 out of 100, Strong | $148.3M | 23.2% | 0.43% | vs |
| Natco Credit UnionCredit union Richmond, IN | 80 out of 100, Strong | $153.7M | 17.3% | 1.18% | vs |
| Beacon Credit UnionCredit union Wabash, IN | 76 out of 100, Strong | $1.8B | 13.5% | 0.47% | vs |