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News & Announcements

EMV Debit Cards

05.12.17

Union Bank will be issuing debit card holders upgraded EMV chip cards starting in May, 2017. The mass issuance of EMV cards to current card holders will take place over a three month period, with all card holders receiving an upgraded card by Read More »

Union Bank Offers Scholarship Program for the 18th Consecutive Year

03.13.17

Union Bank is pleased to offer a scholarship program for the 18th consecutive year to graduating seniors in the Lakewood, Hastings and Pewamo-Westphalia School Districts. Various scholarships will be awarded based on the number of qualified applicants.

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UFC Investor Relations

Union Bank was originally formed in 1934 as the “union” of Farmers & Merchants Bank and Lake Odessa State Savings Bank after the Great Depression. Staying true to the roots of both banks, Union has served the needs of farmers, local businesses and savers and continues to do so today. Union Bank branched out in the early 1980s and today serves Mulliken, Dimondale, Pewamo, Westphalia and Hastings in addition to a Loan & Operations Center and branch office in Lake Odessa.

Union Financial Corporation (UFC) was formed in 1988 as the holding company for Union Bank. UFC is privately held and traded and owns 100% of Union Bank.

Over the years, many local families have invested in Union Bank by purchasing shares in UFC. Through the decades, this ownership has been passed down to their children and other local families. As a privately held company, ownership remains in the communities we serve and it is the intention of the Board of Directors to maintain that local ownership and independence.

From time to time, limited shares of UFC stock become available for purchase and we would like our customers and supporters to have the opportunity to hold ownership in the bank. The bank was previously limited by regulation on the number of shareholders who could invest. The JOBS Act passed in early 2012 now allows us to add new shareholders and we invite you to support your community through ownership in YOUR community bank. Contact Us to let us know you are interested.

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Our Leadership

Lloyd Cunningham, Chairman
Elected 1996, Co–Owner, Specialty Industries Inc.

Tim Brodbeck
Elected 2013, Farmer and Co-Owner Woodbury Grain, LLC

Cortney Collison
Elected 2007, President & Chief Executive Officer, Union Bank

Suzanne Dahms
Elected 1999, Executive Vice President, Union Bank

Christopher Fluke, CPA
Elected 2007, Partner, Walker, Fluke & Sheldon, PLC

Paul Trierweiler
Elected 2006, Farmer
 

UFC Quarterly Reports      UFC Annual Reports

June 2015                                                   2012
September 2015                                         2013
December 2015                                          2014
March 2016                                                 2015
June 2016                                                   2016
September 2016 
December 2016
March 2017