Union Bank & Trust Company

Monticello, AR Union Bank & Trust Company Part of First Union Financial Corporation

UEI
N1FNYW21F6L9
CAGE
81UC7
Primary NAICS
Not on record
SAM.gov registration
Active through

Company facts

Self-certified in SAM.gov
  • For Profit Organization
Entity structure
Corporate Entity (Not Tax Exempt)
Corporate family
SAM.gov registration date
Physical address
102 W McCloy St, Monticello, AR 71655, USA
Website
unionbnk.com
Founded
1968
Employees
50K-100K
Estimated annual revenue
$10B+
Industry
  1. Financials
  2. Banks
  3. Banking & Mortgages
SIC code
60 Depository Institutions
Profiles

Registration and certifications come from SAM.gov and the SBA; company details from public web sources. Updated .

Recent federal awards

About Union Bank & Trust Company

Union Bank & Trust Company is an FDIC-insured, for-profit financial institution based in Monticello, Arkansas, registered in the System for Award Management (SAM) since February 2018. As a Community Development Financial Institution (CDFI), the bank specializes in providing financial services and support to economically distressed and underserved communities, with a focus on delivering targeted financial products and assistance to low- and moderate-income populations. The bank has consistently received federal grant awards from the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund, demonstrating its commitment to community development and economic empowerment.

Through multiple federal grant programs, Union Bank & Trust Company has received significant funding to expand its community development financing activities. The bank has been awarded grants through the Bank Enterprise Award (BEA) Program, the CDFI Equitable Recovery Program (CDFI ERP), and the CDFI Rapid Response Program (CDFI RRP), totaling approximately $7 million between 2021 and 2024. These grants enable the bank to provide increased technical assistance, affordable housing financing, small business support, and tailored financial products for low- and moderate-income populations. Specifically, the bank uses these funds to increase loans, investments, services, and technical assistance to other CDFIs, residents, and businesses in economically distressed areas. The most recent awards, including a $252,171 BEA Program grant in September 2024 and a $4,957,678 CDFI ERP grant in April 2023, support the bank's efforts to expand community development financing, build organizational capacity, and address economic challenges, particularly those related to the COVID-19 pandemic's impact on underserved communities.

Quick answers

What is Union Bank & Trust Company's UEI?

Union Bank & Trust Company's Unique Entity ID (UEI) in SAM.gov is N1FNYW21F6L9.

What is Union Bank & Trust Company's CAGE code?

Union Bank & Trust Company's CAGE code is 81UC7.

Where is Union Bank & Trust Company located?

Union Bank & Trust Company's physical address in SAM.gov is 102 W McCloy St, Monticello, AR 71655, USA.

Is Union Bank & Trust Company registered in SAM.gov?

Yes. Union Bank & Trust Company's SAM.gov registration is active through July 16, 2027.

Who is Union Bank & Trust Company's parent company?

Union Bank & Trust Company is part of First Union Financial Corporation.

What is Union Bank & Trust Company's most recent federal award?

Union Bank & Trust Company's most recent federal grant award is Purpose: the bank enterprise award program (BEA program) provides monetary awards to fdic insured depository… (241BE066408G), from Community Development Financial Institutions Fund, on September 19, 2024.

On GovTribe

See Union Bank & Trust Company's full federal record

  • Federal grant awards
  • Funding analysis by agency, NAICS and set-aside
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