Welcome to Union National Bank of Elgin
Maximize cash flow through creative financing, save money with competitive financing terms, and save time with stability in account relationship and market expertise – Union National Bank can simplify your business banking.
FDIC Coverage
The standard insurance amount of $250,000 per depositor is in effect through December 31, 2013. On January 1, 2014 the standard insurance amount will return to $100,000 per depositor for all account categories except IRAs and other certain retirement accounts, which will remain at $250,000 per depositor.
Temporary Liquidity Guarantee Program
Union National Bank is participating in the Federal Deposit Insurance Corporation’s Transaction Account Guarantee Program. Under that program, through December 31, 2009, all noninterest bearing transaction accounts are fully guaranteed by the FDIC for the entire amount in the account. Coverage under the Transaction Account Guarantee Program is in addition to and separate from the coverage available under the FDIC’s general deposit insurance rules.
Banking Services
We are a full-service bank dedicated to the Chicagoland business community. Click here to learn about the products we offer.
