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.

From Q2 2025 to Q2 2026, the score rose 4 points (66 → 70), mostly because the earnings component improved by 15 points.

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 Iowa

Yes. Union State Bank is an FDIC-insured institution (FDIC certificate #14982). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.

An estimated 25.0% of deposits ($31.4M) are above the $250,000 FDIC insurance limit, close to the peer median of 24%. Insured balances are protected regardless of the score.

The tier 1 leverage ratio is 8.12%, above the 5% level regulators use as the "well capitalized" benchmark for this measure. Its total risk-based capital ratio is 13.67% (benchmark: 10%).

Check how much of your own balance is covered

Union State Bank lists 3 offices in 3 cities. Most locations:

• Truro, IA (1)
• West Des Moines, IA (1)
• Winterset, IA (1)

All branch addresses and map

In 2025, Union State Bank reported 54 home-loan applications under HMDA (LEI 254900SKRYMF38M2P535): 40 originated ($7,690,000 total), 8 denied, and 2 withdrawn or closed by the applicant. Its denial rate on decided applications was 15.4%, compared with 22.2% for all lenders nationwide.

Denial rates depend heavily on loan type and applicant mix and are not a measure of fairness or of your own odds.

Legal name

Union State Bank

Type

State-chartered bank

FDIC certificate #

14982

RSSD ID

148340

Primary regulator

FDIC

Holding company

Madison Holding Co

Established

January 2, 1935

Headquarters

611 W Highway 92, Winterset, IA 50273

Website

www.usbiowa.com

Employees

25