Union Bankshares UNB Interest bearing deposits in banks
Interest bearing deposits in banks at other companies
Other financials
Where this comes from
Reported directly by Union Bankshares in its filing.
Tagged under the XBRL concept unb:InvestmentInInterestBearingDepositsInBanks.
The official record: Union Bankshares’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Union Bankshares's interest bearing deposits in banks?
- Union Bankshares (UNB) reported interest bearing deposits in banks of $7.96M in Q1 2026.
- How has Union Bankshares's interest bearing deposits in banks changed year-over-year?
- Union Bankshares's interest bearing deposits in banks decreased by 0.0% year-over-year, from $7.96M to $7.96M.
- What is the long-term trend for Union Bankshares's interest bearing deposits in banks?
- Over 5 years (2020 to 2025), Union Bankshares's interest bearing deposits in banks has grown at a -6.7% compound annual growth rate (CAGR), from $12.7M to $8.96M.
- What does interest bearing deposits in banks mean?
- This metric tracks funds placed in interest-earning accounts at other financial institutions, such as correspondent banks or the Federal Reserve. It represents a low-risk, liquid asset class used to generate incremental yield on excess cash reserves. Monitoring this balance helps assess the bank's strategy for managing short-term liquidity versus earning interest income.