News & Announcements

Union Bank Employees Recognized for Years of Service

03.03.2016

Union Bank recently recognized a number of outstanding employees for their years of service and dedication to the organization. During an in-service training day and luncheon celebration, senior management presented 13 Union Bank staff members with awards Read More »

Union Bank Offers Scholarship Program for the 17th Consecutive Year

02.29.2016

Union Bank is pleased to offer a scholarship program for the 17th consecutive year to graduating seniors in the Lakewood, Hastings and Pewamo-Westphalia School Districts. Read More »

Union Financial Corporation Declares Year-End Cash Dividend

01.15.2016

The Board of Directors of Union Financial Corporation (UFC) declared a year-end cash dividend of $0.10 per share. The dividend is payable January 15, 2016 to shareholders of record as of December 31, 2015. Read More »

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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.

 

 

 

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

Brian Potter
Elected 2010, President, Architectural Metals Inc.

Paul Trierweiler
Elected 2006, Farmer
 

UFC Quarterly Reports                 UFC Annual Reports

March 2014                                                                       2010
June 2014                                                                         2011
September 2014                                                               2012
December 2014                                                                2013
March 2015                                                                       2014
June 2015                                                                         2015
September 2015
December 2015
March 2016