Union Bank: how it compares with its peers
Against 882 U.S. banks with half to twice its assets, Union Bank's strongest measure in Q2 2026 is assets per employee ($8.2M vs. a $8.1M peer median). Its weakest relative measure is efficiency ratio (75.99% vs. 60.63%).
| Measure | Union Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 0.80% | 1.23% | Bottom third Ahead of 20% of peers |
| Net interest margin Annualized net interest income over earning assets. | 3.12% | 3.78% | Bottom third Ahead of 17% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 75.99% | 60.63% | Bottom third Ahead of 13% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $8.2M | $8.1M | Middle third Ahead of 51% of peers |
| Loans to deposits Net loans and leases over total deposits. | 101.42% | 85.76% | Context |
What it means for lending operations
Its efficiency ratio of 75.99% is above the 60.63% peer median: it spends more to earn each dollar of revenue than most banks its size. Staff time on manual borrower verification (collecting pay stubs, bank statements, and employment letters, then re-keying them) is one of the larger controllable costs behind that number.
Banks closest in size
- Providence Bank & Trust South Holland, IL · $1.56B
- First State Bank Mendota, IL · $1.56B
- The Citizens Bank of Philadelphia, Mississippi Philadelphia, MS · $1.56B
- Quill Bank Provo, UT · $1.56B
- City First Bank, National Association Washington, DC · $1.56B
- Main Street Bank Corp. Wooster, OH · $1.55B
Questions about Union Bank
How big is Union Bank?
Union Bank, established in 1891, is headquartered in Morrisville, VT. It reported $1.56B in total assets in its Q2 2026 FDIC call report and operates 21 offices.
What is Union Bank's return on assets?
0.80% annualized in Q2 2026, against a 1.23% median for 882 U.S. banks with half to twice its assets, ahead of 20% of them.
What is Union Bank's efficiency ratio?
75.99% in Q2 2026: it spent about 76 cents in noninterest expense for each dollar of revenue. The peer median is 60.63%, and lower is better.
Is Union Bank growing its loans?
Net loans grew 0.9% over the year to Q2 2026, while deposits shrank 0.7%.
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 U.S. 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 Vermont bank ranked.