Welcome to Union National Bank of Elgin Online
Maximize cash flow through creative financing, save money with competitive financing terms, and save time with stability in account relationship and market expertise – this is what happens when you bank with Union National Bank.
News
Tax Stimulus Package Offers Equipment Purchase Incentives to Business
Increased Section 179 limits – increased to $250,000. You may be able to take an additional first year special depreciation allowance for certain qualified purchases/improvements. This allows for immediate tax relief, and makes leasing or purchasing equipment and investing in your business not only feasible, but a financially sound decision as well.
Click here to see the 2008 changes and what qualifies under Section 179 Expense.
Banking Services
We are a full-service bank dedicated to the Chicagoland business community. Click here to learn about the products we offer.
