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News & Announcements

Union Bank Scholarship

02.09.2018

Union Bank is pleased to offer a scholarship program for the 19th consecutive year to graduating seniors in the Lakewood, Hastings and Pewamo-Westphalia School Districts Read More »

Changes to Account Statements

12.31.2017

Effective 12/31/2017 all checking and monthly savings statements will process on the last day of the month. This includes both paper and electronic statements. If you have questions please contact us at 616.374.3278.

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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, Hastings and Ada 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.

Grow your future

Why invest local

 

 

 

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

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