Union Bank & Trust Company
| Formerly |
|
|---|---|
| Industry | Banking |
| Founded | February 28, 1917 |
| Headquarters | , United States |
| Website | ubt |
Union Bank & Trust Company is a privately owned, state chartered commercial bank headquartered in Lincoln, Nebraska. The bank was originally established as Farmer's State Bank on February 28, 1917. It became Union Bank in 1935 and adopted its current name in 1959 with the addition of trust powers.
UBT was purchased in 1965 by the Dunlaps, a long-time Nebraska banking family, and remains family-owned today under its third generation of leadership. In 2023, Jason Muhleisen succeeded Angie Muhleisen as President and CEO, continuing the family legacy of leadership.
As of June 30, 2025, UBT is the third-largest bank in Nebraska, with $8.8 billion in bank assets and $42.7 billion in trust assets under management. The bank operates more than 30 full-service and loan production offices across Nebraska, Kansas, and Colorado.
UBT offers a full range of banking, lending, investment and trust services. It also serves as the program manager for Nebraska's NEST 529 College Savings Plan, a nationally recognized education savings program.