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  September 5, 2001
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Home > Company Index > Banking > Banking - Midwest > UnionBancorp, Inc.

UnionBancorp, Inc.
Nasdaq: UBCD
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 PROFILE
Ottawa, Peru, and Carthage usually evoke images of horrible ice storms, Incan ruins, and Roman Empire enemies instead of communities in central and northern Illinois, where UnionBancorp is the holding company for four banks: UnionBank, Union Bank/West, UnionBank/Central, and UnionBank/Northwest. The banks serve individuals and businesses through nearly 30 branches. UnionBank offers checking, savings, and money market accounts; CDs; and IRAs. Commercial real estate (27%), business loans (23%), and residential mortgages make up the bulk of the company's loan portfolio, which also includes agricultural and consumer loans. Nonbank subsidiaries provide data processing, insurance, brokerage, and trust services.

 COMPETITION
First Midwest Bancorp, Inc. (FMBI)
Kankakee Bancorp, Inc. (KNK)
Princeton National Bancorp, Inc. (PNBC)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 65.30
1-Yr. Sales Growth: 12.6%
Employees: 350
Revenue per employee: $186,571.43

 KEY PEOPLE
• Charles J. Grako
    CEO
• Kurt R. Stevenson
    CFO

 CONTACT INFO
122 W. Madison St.
Ottawa , IL 61350
US
Phone: 815-434-3900
Fax: 815-434-3160
Online: Web Site

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