About Us

The city of Elizabeth, New Jersey

About Us

Union County Savings Bank was founded in October 1883 and is headquartered in Elizabeth, New Jersey. UCSB is an FDIC-insured bank, with $1.9 billion in total assets and currently operating four branches in Union County, New Jersey.
The following quote from one of our customers is a testament to our long history in the community and our commitment to our local customers:

"Union County Savings Bank has been around forever! Unlike most banks that have been bought & sold numerous times, this one has never been bought, sold, or merged. They offer the best rates for CDs and a special rate for Jumbo CDs. The staff is wonderful ~ very knowledgeable, professional, and friendly ~ it’s great to see familiar faces when you walk in the door."
Joseph Yewaisis (2021)

From the Chairman

I am extremely proud and humbled to be the new Chairman and CEO of Union County Savings Bank after assuming the position from Donald Sims who retired in October 2021 after 57 years with the Bank.

Mr. Sims and the team at UCSB have built one of the safest and strongest community banks in the United States and I am committed to maintaining that legacy. I am also committed to our continued tradition of dedication to our local communities, our customers, and our employees whose trust and confidence have helped UCSB sustain this position.

As we move into 2022, the team at UCSB and I are working hard to implement new technologies to make banking with us easier. We will also be offering new products and services designed to meet the expanding needs of our customers while preserving our 139-year pledge of security, safety, and service.

Thank you for banking with us and please check in regularly to learn about our upcoming new offerings!

Statement of Condition

AssetsMarch 31, 2021
Cash on Hand and In Banks$ 313,334,654
Mortgage Backed and Investment Securities1,450,229,921
Loans Receivable92,676,408
Office Properties and Equipment1,349,466
Other Assets10,760,975
$ 1,868,351,424
Liabilities and Equity
Liabilities
     Deposits$ 1,604,939,409
     Accrued Interest Payable3,904,995
     Escrow Payments by Borrowers for Taxes and Insurance434,063
     Other Liabilities3,490,673
     Total Liabilities1,612,769,140
Equity255,582,284
     Total Liabilities and Equity$ 1,868,351,424

UCSB Growth Pattern

(Units are in millions)  

(Roll your mouse over the chart to view the capital growth per year)
(Roll your mouse over the chart to view the assets growth per year)