SBA lender profile
Union Savings Bank
Union Savings Bank appears in the public SBA loan data with 11 funded 7(a) loans totaling $1.9M, an average of $168K per loan, and an estimated 75 jobs supported. Its SBA lending concentrates in Connecticut and the Other Services sector. Across all of its loans in the data, its charge-off rate is 0.0%.
By Mario Bailey · Source: SBA FOIA 7(a) and 504 data, as of 2026-03-31
Funded loans
11
Total volume
$1.9M
Average loan size
$168K
Charge-off rate
0.0%
Share of funded loans charged off
Jobs supported (reported)
75
Programs
7(a)
Bank profile
via FDIC- Total assets
- $0M
- Headquarters
- Grand Mound, IA
- FDIC cert
- #10899
- Status
- Inactive
Where Union Savings Bank lends
Top states by funded SBA volume.
| State | Loans | Total volume |
|---|---|---|
| Connecticut | 11 | $1.9M |
What Union Savings Bank funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Other Services | 3 | $800K |
| Construction | 2 | $310K |
| Retail Trade | 3 | $285K |
| Manufacturing | 1 | $250K |
| Administrative and Support | 1 | $130K |
| Wholesale Trade | 1 | $75K |
Union Savings Bank SBA lending by year
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2021 | 1 | $50K |
| 2022 | 1 | $75K |
| 2023 | 1 | $135K |
| 2024 | 8 | $1.6M |
Sources and disclaimer. All figures are computed from
the U.S. Small Business Administration's public FOIA 7(a) and 504 loan data (as of 2026-03-31),
as described in our methodology.
The charge-off rate is the share of Union Savings Bank's funded loans marked charged off across all of its
loans in the data; it is not a lifetime default rate. SBA Loan Index is not affiliated with the
SBA and is not a lender, broker, or financial advisor. This is general information, not advice.
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