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Our lobbies are now open to foot traﬃc.We ask that our customers adhere to social distancing safety measures when visiting our facilities. Face masks are required, however hoods, sunglasses, or any similar items must be removed prior to entering the building. We also ask that customers continue banking electronically as much as possible using ATMs, Online Banking and Mobile Banking.
We will continue to monitor developments regarding this situation and provide updates on our website and social media channels. Thank you for your understanding.
At Midland, a Division of Union State Bank, we are addressing the challenges of the coronavirus (COVID-19) knowing that many of our communities may be impacted. We are closely monitoring the situation, as the health and safety of our customers and staff is our top priority.
Our comprehensive Business Continuity and Emergency Preparedness Plan is in place, and all MIdland banking locations are currently open. We have enhanced cleaning measures, as outlined in the Centers for Disease Control's recommended guidelines, for both our lobby and ATM locations. Additional procedures are in place to address any potential health concerns at all staffing level on a case-by-case basis. For the health and safety of our customers and employees we ask that anyone with:
conduct your financial transactions through one of the following alternative methods:
We will continue to monitor developments around COVID-19. Please be aware there is a great deal of misinformation regarding COVID-19 out there. E-mail, phone, and social media scams related to the virus are on the rise. Any official Midland and/or Union State Bank updates will be officially posted on our website and social media channels. The Federal Trade Commission is providing updates regarding possible scams: https://www.consumer.ftc.gov/blog/2020/02/coronavirus-scammers-follow-headlines.
If you have any questions please do not hesitate to contact us at (316) 283-1700. Your local Midland branches are also here to help. Thank you for your cooperation.
Union State Bank was recently named one of the “Healthiest Banks in the United States”, according to DepositAccounts.com. The 2019 study lists the top 200 healthiest banks in the Nation with USB ranking 196th out of more than 5,000 banks.
Union State Bank is not a newcomer to the top 200, making their way on the list in 2016, and again in 2017.
“This is the third time in the past four years that we have made this exclusive list and the only Kansas bank with that level of consistency,” said Eric Kurtz, Union State Bank’s Chief Executive Officer. “This is a true testament to our efforts and the quality of our team at this organization.”
Christopher Trum, Senior Content Manager for DepositAccounts.com, notified Kurtz that Union State Bank was once again in the top four-percent of all Federally insured U.S. banks.
“Union State Bank achieved an incredible “A+” health rating…, making you one of the healthiest FDIC insured banks in the United States,” Trum said.
The “A+” rating is given to only 11% of all banks evaluated by DepositAccounts.com. The rating is calculated based upon several factors, including capitalization, deposit growth, and loan-to-reserve ratios.
Visit www.DepositAccounts.com for more information about the 2019 Top 200 Healthiest Banks report, and to review Union State Bank’s results.
Union State Bank, Arkansas City, Kansas is proud to be recognized as one of the strongest banks in the nation by BAUERFINANCIAL, Coral Gables, Florida, the nation’s leading bank rating and research firm. BAUERFINANCIAL has been analyzing and rating the nation’s financial institutions since 1983 and Union State Bank has earned its highest rating of 5-Stars. For more information, visit bauerfinancial.com.
ARKANSAS CITY, KS (January 1, 2020)—Docking Bancshares, Inc. parent company of Arkansas City, KS based Union State Bank has received final regulatory approval to acquire Midland Financial Corporation and its subsidiary Midland National Bank headquartered in Newton, KS. The closing of the transaction is effective immediately. Midland National Bank will continue to operate separately as “Midland, a division of Union State Bank”, until the third quarter of 2020 when the banking systems are converted. At that time, Midland will rebrand to Union State Bank.
Until the bank system conversion and rebranding is complete, customers of Union State Bank and Midland should continue to conduct business as usual at their existing bank locations. Customers should continue to use their same checks, debit cards, online banking and other services. Midland customers can expect to receive additional information from Union State Bank well in advance of any changes. If customers have questions, they should contact their local branch office. Ron Lang, President of Midland, has agreed to continue as Union State Bank’s Newton Market President and will be available to answer questions and assist Midland customers with the transition.
Eric Kurtz, President and Chief Executive Officer of Union State Bank, stated “We were pleased to receive the approval so quickly and we have already begun the process of integrating the two organizations, working with teams from both banks. We want this to be a smooth transition for Midland customers and will be working hard to ensure that it is. We want to assure Midland customers that we will provide best-in-class banking services and continue to be a strong and visible partner to the Newton community.”
Bill Docking, President, CEO, and Chairman of the Board for Docking Bancshares, Inc. stated, “We are pleased to welcome Midland National Bank customers to our Union State Bank family. They will continue to do business with the same familiar faces they know, and we will continue to offer the hometown service and hometown values to which they’ve grown accustomed. We are extremely pleased to welcome our new Newton area customers to Union State Bank!”
With the closing of this transaction Union State Bank’s total asset size is approximately $475 million and adds five additional Kansas banking locations.
Sandler O’Neill + Partners, L.P. and The Capital Corporation served as financial advisors, and Stinson LLP served as legal counsel to Docking Bancshares, Inc. Hampton & Royce, L.C. served as legal counsel to Midland Financial Corporation.
Docking Bancshares, Inc. parent company of Arkansas City, KS based Union State Bank, and Midland Financial Corporation, parent company of Midland National Bank headquartered in Newton, KS, are pleased to announce the signing of an agreement for Docking Bancshares, Inc. to acquire Midland Financial Corporation and its subsidiary, Midland National Bank. The transaction is anticipated to close in the 4th quarter of this year; however, Midland National Bank will continue to operate separately as “Midland”, a division of Union State Bank, until the third quarter of 2020 when the banking systems are converted. At that time, the bank will rebrand to Union State Bank.
Until the bank system conversion and rebranding is complete, customers of Union State Bank and Midland National Bank should continue to conduct business as usual at their existing bank locations. Throughout the process, customers of Midland National Bank can expect to receive additional information from Union State Bank well in advance of any changes. If customers have questions, they should click here or contact their local branch office. Learn More