Union State Bank is a state-chartered bank headquartered in Greenfield, Iowa, in business for about 136 years. At the end of Q2 2026 it reported $168.7M in total assets and $142.5M in deposits, with 4 offices.
Based on its Q2 2026 filing, Union State Bank scores 71/100, which we describe as strong. That is higher than only 47% of 2,650 banks with $100 million – $1 billion. Among 226 banks headquartered in Iowa, it ranks 127th. Its strongest component is problem-loan coverage (95/100; 2.3%), and its lowest is capital cushion (43/100; 9.28%).
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
The score has been essentially flat from Q2 2025 to Q2 2026 (70 → 71).
Show as table
| Quarter | TellerScore |
|---|---|
| Q2 2024 | 69 |
| Q3 2024 | 66 |
| Q4 2024 | 71 |
| Q1 2025 | 70 |
| Q2 2025 | 70 |
| Q3 2025 | 71 |
| Q4 2025 | 69 |
| Q1 2026 | 72 |
| Q2 2026 | 71 |
Show as table
| Quarter | Tier 1 leverage ratio |
|---|---|
| Q2 2024 | 8.56% |
| Q3 2024 | 8.33% |
| Q4 2024 | 8.40% |
| Q1 2025 | 8.60% |
| Q2 2025 | 8.77% |
| Q3 2025 | 9.03% |
| Q4 2025 | 9.00% |
| Q1 2026 | 9.10% |
| Q2 2026 | 9.28% |
Show as table
| Quarter | Noncurrent loans |
|---|---|
| Q2 2024 | 0.08% |
| Q3 2024 | 0.33% |
| Q4 2024 | 0.15% |
| Q1 2025 | 0.26% |
| Q2 2025 | 0.21% |
| Q3 2025 | 0.15% |
| Q4 2025 | 0.49% |
| Q1 2026 | 0.17% |
| Q2 2026 | 0.51% |
Show as table
| Quarter | Return on assets |
|---|---|
| Q2 2024 | 0.78% |
| Q3 2024 | 0.85% |
| Q4 2024 | 1.08% |
| Q1 2025 | 1.04% |
| Q2 2025 | 1.01% |
| Q3 2025 | 1.06% |
| Q4 2025 | 1.15% |
| Q1 2026 | 1.13% |
| Q2 2026 | 1.41% |
| Quarter | Score | Assets | Capital | Problem loans | ROA | Loans/deposits |
|---|---|---|---|---|---|---|
| Q2 2026 | 71 | $168.7M | 9.28% | 0.51% | 1.41% | 73.5% |
| Q1 2026 | 72 | $168.8M | 9.10% | 0.17% | 1.13% | 70.7% |
| Q4 2025 | 69 | $164.6M | 9.00% | 0.49% | 1.15% | 71.5% |
| Q3 2025 | 71 | $161.9M | 9.03% | 0.15% | 1.06% | 72.3% |
| Q2 2025 | 70 | $161.4M | 8.77% | 0.21% | 1.01% | 68.8% |
| Q1 2025 | 70 | $161.2M | 8.60% | 0.26% | 1.04% | 67.4% |
| Q4 2024 | 71 | $162.1M | 8.40% | 0.15% | 1.08% | 64.8% |
| Q3 2024 | 66 | $128.5M | 8.33% | 0.33% | 0.85% | 67.8% |
| Q2 2024 | 69 | $129.2M | 8.56% | 0.08% | 0.78% | 65.2% |
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 Iowa
| Institution | Score | Assets | Capital | Problem loans | Compare |
|---|---|---|---|---|---|
| Templeton Savings BankBank Templeton, IA | 93 out of 100, Very strong | $169.6M | 14.5% | 0.00% | vs |
| Bank 1stBank West Union, IA | 91 out of 100, Very strong | $166.1M | 15.2% | 0.00% | vs |
| Citizens Savings BankBank Anamosa, IA | 74 out of 100, Strong | $165.9M | 9.5% | 0.00% | vs |
| Atkins Savings Bank & TrustBank Atkins, IA | 83 out of 100, Strong | $172.2M | 11.9% | 0.05% | vs |
| Boone Bank & Trust Co.Bank Boone, IA | 48 out of 100, Below average | $156.9M | 9.7% | 2.45% | vs |
| Hiawatha Bank and Trust CompanyBank Hiawatha, IA | 74 out of 100, Strong | $156.9M | 11.0% | 0.22% | vs |
Deposit insurance
Is my money safe at Union State Bank?
Yes. Union State Bank is an FDIC-insured institution (FDIC certificate #8499). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.
An estimated 18.0% of deposits ($25.7M) 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 9.28%, 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 State Bank lists 4 offices in 4 cities. Most locations:
- Adair, IA (1)
- Bridgewater, IA (1)
- Corning, IA (1)
- Greenfield, IA (1)
Identity & history
Profile
- Legal name
- Union State Bank
- Type
- State-chartered bank
- FDIC certificate #
- 8499
- RSSD ID
- 746942
- Primary regulator
- FDIC
- Holding company
- Greenfield Bcorp Ltd
- Established
- January 6, 1890
- Headquarters
- 214 S 1st St, Greenfield, IA 50849
- Website
- www.usbgfd.com
- Employees
- 24
Quick answers
Union State Bank: common questions
Is Union State Bank FDIC insured?
Yes. Union State Bank is an FDIC-insured institution (FDIC certificate #8499). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.
What is Union State Bank's TellerScore?
71 out of 100 (Strong), based on its Q2 2026 publicly reported figures. The TellerScore is our own summary and is not issued by any government agency.
Has Union State Bank ever failed?
There is no failure record for FDIC certificate #8499 in the FDIC failed bank list.
How many branches does Union State Bank have?
4 offices as of the latest FDIC data.
Nearby
Highest-scoring banks and credit unions with branches near Greenfield
| Institution | Score | Assets | Capital | Problem loans | Compare |
|---|---|---|---|---|---|
| FNB BankBank Fontanelle, IA | 91 out of 100, Very strong | $274.6M | 14.5% | 0.02% | vs |
| First State BankBank Stuart, IA | 82 out of 100, Strong | $129.7M | 11.9% | 0.03% | vs |
| Farmers and Merchants State BankBank Winterset, IA | 78 out of 100, Strong | $271.7M | 10.7% | 0.00% | vs |
| Rolling Hills Bank & TrustBank Atlantic, IA | 77 out of 100, Strong | $484.4M | 11.8% | 0.30% | vs |
| PCSB BankBank Clarinda, IA | 77 out of 100, Strong | $326.1M | 11.1% | 0.25% | vs |
| Iowa State Savings BankBank Creston, IA | 74 out of 100, Strong | $276.5M | 9.4% | 0.20% | vs |