Union County Savings Bank is a bank based in Elizabeth, New Jersey, established in 1883, with $1.5 billion in total assets across 4 branches. By Trust Grade it ranks 50th of 50 banks we track in New Jersey. Its capital ratio of -1.1% trails most similarly sized banks (0th percentile), versus a New Jersey median of 11.3%. It posted a loss over the most recent period (-1.37% return on assets), a point to watch. No consumer complaints against Union County Savings Bank appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Union County Savings Bank compares to New Jersey peers
How we graded Union County Savings Bank
The Trust Grade blends financial strength with complaint history. Full methodology →
- Below the well-capitalized threshold (-1.1%)
- Unprofitable over the period (ROA -1.37%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Union County Savings Bank over the analysis window. For a smaller institution this is common and counts in its favor.
Branch locations (4)
- 61 Broad St, Elizabeth, NJ 07201
- 642 Chestnut St, Union, NJ 07083
- 201 North Ave W, Cranford, NJ 07016
- 320 N Broad St, Elizabeth, NJ 07208
Are deposits at Union County Savings Bank insured?
Yes. Union County Savings Bank is an FDIC-insured bank (FDIC certificate #12013). Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.
Union County Savings Bank: frequently asked questions
Is Union County Savings Bank a good bank?
Union County Savings Bank earns a Bankzia Trust Grade of F (17/100, "Weak"), based on a financial-strength score of 17/100 (it has no CFPB complaints on record). Below the well-capitalized threshold (-1.1%); Unprofitable over the period (ROA -1.37%).
Is Union County Savings Bank FDIC-insured?
Yes. Union County Savings Bank is a FDIC-insured bank (FDIC certificate #12013). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.
How big is Union County Savings Bank?
Union County Savings Bank holds $1.5 billion in total assets, ranking 50th of 50 banks we track in New Jersey. It operates 4 branches.
Does Union County Savings Bank have CFPB complaints?
No CFPB complaints against Union County Savings Bank appear in our data over the analysis window, which is typical for a bank of this size.
Similar Banks
Financial data from FDIC call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.
