Union County Savings Bank: how it compares with its peers
Against 15 NJ banks with half to twice its assets, Union County Savings Bank's strongest measure in Q2 2026 is efficiency ratio (0.00% vs. a 70.32% peer median). Its weakest relative measure is return on assets (-1.45% vs. 0.89%).
| Measure | Union County Savings Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | -1.45% | 0.89% | Bottom third Ahead of 0% of peers |
| Net interest margin Annualized net interest income over earning assets. | -0.37% | 3.15% | Bottom third Ahead of 0% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 0.00% | 70.32% | Top third Ahead of 100% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $29.0M | $11.0M | Top third Ahead of 100% of peers |
| Loans to deposits Net loans and leases over total deposits. | 22.71% | 97.44% | Context |
What it means for lending operations
Its efficiency ratio of 0.00% is better than the 70.32% peer median. Banks that already run lean usually find their next gains in loan growth: faster digital applications and fewer borrowers abandoning a slow document chase.
Banks closest in size
- Somerset Regal Bank Bound Brook, NJ · $1.19B
- Sturdy Savings Bank Stone Harbor, NJ · $1.14B
- Magyar Bank New Brunswick, NJ · $1.05B
- First Commerce Bank Lakewood, NJ · $1.96B
- Haven Savings Bank Hoboken, NJ · $987M
Questions about Union County Savings Bank
How big is Union County Savings Bank?
Union County Savings Bank, established in 1883, is headquartered in Elizabeth, NJ. It reported $1.48B in total assets in its Q2 2026 FDIC call report and operates 4 offices.
What is Union County Savings Bank's return on assets?
-1.45% annualized in Q2 2026, against a 0.89% median for 15 NJ banks with half to twice its assets, ahead of 0% of them.
What is Union County Savings Bank's efficiency ratio?
0.00% in Q2 2026: it spent about 0 cents in noninterest expense for each dollar of revenue. The peer median is 70.32%, and lower is better.
Is Union County Savings Bank growing its loans?
Net loans grew 8.1% over the year to Q2 2026, while deposits shrank 2.6%.
Sources and method
Figures are from the FDIC’s public call report data for the quarter ending 06/30/2026, via FDIC BankFind. Return on assets and net interest margin are annualized year to date. Peers are NJ banks with half to twice its assets in the same quarter, excluding this bank. The page refreshes daily, so new quarters appear as banks file. Compare another bank or see every New Jersey bank ranked.