United Community Bank

SHAREHOLDER INVESTIGATION: Halper Sadeh LLP Investigates CLDB, UMPQ, GTS, RBNC; Shareholders are Encouraged to Contact the Firm

Friday, October 15, 2021 - 3:27pm

Under the terms of the agreement, Umpqua shareholders will receive 0.5958 of a share of Columbia stock for each Umpqua share they own.

Key Points: 
  • Under the terms of the agreement, Umpqua shareholders will receive 0.5958 of a share of Columbia stock for each Umpqua share they own.
  • Halper Sadeh LLP may seek increased consideration, additional disclosures and information concerning the proposed transaction, or other relief and benefits on behalf of shareholders.
  • Shareholders are encouraged to contact the firm free of charge to discuss their legal rights and options.
  • Halper Sadeh LLP represents investors all over the world who have fallen victim to securities fraud and corporate misconduct.

BCT--Bank of Charles Town Appoints Frank Donadio as Branch Manager of Harpers Ferry Office

Thursday, October 14, 2021 - 1:30pm

CHARLES TOWN, W.V., Oct. 14, 2021 /PRNewswire/ --(OTC:PTBS)--BCT-Bank of Charles Town, also known as The Community's Bank, recently announced Frank Donadio as the new Branch Manager of its Harpers Ferry, West Virginia office at 1366 West Washington Street.

Key Points: 
  • CHARLES TOWN, W.V., Oct. 14, 2021 /PRNewswire/ --(OTC:PTBS)--BCT-Bank of Charles Town, also known as The Community's Bank, recently announced Frank Donadio as the new Branch Manager of its Harpers Ferry, West Virginia office at 1366 West Washington Street.
  • Mr. Donadio will manage the branch staff as well as manage initiatives for customer experiences and acquisitions.
  • Other positions within financial services include Assistant Branch Manager and Acting Manager for One Main Financial (Citibank) and positions with increasing responsibility at Bank of America and Fannie Mae.
  • "We are delighted to have Frank join BCT to lead our customer experience efforts in Harpers Ferry," stated Alice Frazier, President & CEO.

First Bancorp Announces Management Team Changes

Friday, October 8, 2021 - 8:00pm

SOUTHERN PINES, N.C., Oct. 8, 2021 /PRNewswire/ --First Bancorp (NASDAQ FBNC), the parent company of First Bank, announced today changes in the management team of the Company and the Bank.

Key Points: 
  • SOUTHERN PINES, N.C., Oct. 8, 2021 /PRNewswire/ --First Bancorp (NASDAQ FBNC), the parent company of First Bank, announced today changes in the management team of the Company and the Bank.
  • Mr. Mayer commented: "We are excited that these important members of our leadership team will undertake expanded responsibilities as we move forward into the future.
  • We believe that First Bank will have expanded opportunities to implement our strategy of thoughtful and disciplined growth.
  • First Bancorp is a bank holding company headquartered in Southern Pines, North Carolina with total assets of approximately $8.2 billion.

American Banker Announces the 2021 MOST POWERFUL WOMEN IN BANKING

Wednesday, October 6, 2021 - 1:00pm

NEW YORK, Oct. 06, 2021 /PRNewswire-PRWeb/ -- Today, American Banker announced the 2021 honorees of THE MOST POWERFUL WOMEN IN BANKING.

Key Points: 
  • NEW YORK, Oct. 06, 2021 /PRNewswire-PRWeb/ -- Today, American Banker announced the 2021 honorees of THE MOST POWERFUL WOMEN IN BANKING.
  • The full list, including profiles of all the honorees for 2021, can be found on American Banker's website , as well as in the October issue of American Banker Magazine.
  • "The women on this list are at the forefront of significant changes across the financial services industry and in society more broadly," said Bonnie McGeer, Executive Editor of American Banker and Chair of the Most Powerful Women in Banking and Finance program.
  • With a banking community 850M strong, American Banker's transformative content connects leaders online, in person, and in print every day.

UnidosUS and Experian Launch Partnership to Support Financial Empowerment

Tuesday, October 5, 2021 - 12:03am

UnidosUS, the nations largest Hispanic civil rights and advocacy organization, and Experian today announced a new partnership to further the mission of financial empowerment.

Key Points: 
  • UnidosUS, the nations largest Hispanic civil rights and advocacy organization, and Experian today announced a new partnership to further the mission of financial empowerment.
  • View the full release here: https://www.businesswire.com/news/home/20211004006005/en/
    Experian has been a welcome and creative partner to UnidosUS through its support of our Financial Empowerment Network (FEN), said Lot Diaz, Vice President, Housing and Financial Empowerment at UnidosUS.
  • Financial inclusion is giving everyone the knowledge and tools that lead to empowerment towards financial health and our partnership is another step in achieving that goal, said Wil Lewis, Chief Diversity, Equity and Inclusion Officer for Experian.
  • Through this partnership, Experian is supporting UnidosUS Financial Empowerment Network, which brings together more than 25 UnidosUS Affiliates in 14 communities to offer free, individualized, culturally-relevant support to Latino families.

United Community Banks, Inc. Announces Date for Third Quarter 2021 Earnings Release and Conference Call

Monday, October 4, 2021 - 9:30pm

GREENVILLE, S.C., Oct. 04, 2021 (GLOBE NEWSWIRE) -- United Community Banks, Inc. (NASDAQ: UCBI) announces it will release its third quarter 2021 financial results on Tuesday, October 19, 2021 after the stock market closes.

Key Points: 
  • GREENVILLE, S.C., Oct. 04, 2021 (GLOBE NEWSWIRE) -- United Community Banks, Inc. (NASDAQ: UCBI) announces it will release its third quarter 2021 financial results on Tuesday, October 19, 2021 after the stock market closes.
  • ET on Wednesday, October 20, 2021 to discuss its financial results, business highlights and outlook.
  • United Community Banks, Inc. (NASDAQGS: UCBI) provides a full range of banking, wealth management and mortgage services for relationship-oriented consumers and business owners.
  • Forbes also recognized United on its 2021 list of the 100 Best Banks in America for the eighth consecutive year.

United Community Banks, Inc. Announces Completion of Merger With Aquesta Financial Holdings, Inc. and Aquesta Bank

Friday, October 1, 2021 - 1:00pm

GREENVILLE, S.C., Oct. 01, 2021 (GLOBE NEWSWIRE) -- United Community Banks, Inc. (NASDAQ: UCBI) (United) has completed its merger, effective October 1, 2021, with Aquesta Financial Holdings, Inc. (OTC Pink: AQFH) (Aquesta), including its wholly-owned subsidiary, Aquesta Bank, which was merged into Uniteds bank subsidiary, United Community Bank.

Key Points: 
  • GREENVILLE, S.C., Oct. 01, 2021 (GLOBE NEWSWIRE) -- United Community Banks, Inc. (NASDAQ: UCBI) (United) has completed its merger, effective October 1, 2021, with Aquesta Financial Holdings, Inc. (OTC Pink: AQFH) (Aquesta), including its wholly-owned subsidiary, Aquesta Bank, which was merged into Uniteds bank subsidiary, United Community Bank.
  • Aquesta brings a premier franchise focused on providing personal service to business owners and individuals who care about their community.
  • Aquesta is known for community engagement, employee satisfaction, and customer service all attributes that United is passionate about, said Lynn Harton, Chairman and Chief Executive Officer of United.
  • New risks and uncertainties may emerge from time to time, and it is not possible for United or Aquesta to predict their occurrence or how they will affect United or Aquesta.

Woodforest National Bank Earns Two Awards for Woodforest Foundry's Entrepreneurship 4 All

Thursday, September 30, 2021 - 2:00pm

THE WOODLANDS, Texas, Sept. 30, 2021 /PRNewswire/ --Woodforest National Bank (Woodforest) recently earned two notable awards for its Woodforest FoundrySM Entrepreneurship 4 AllSM curriculum.

Key Points: 
  • THE WOODLANDS, Texas, Sept. 30, 2021 /PRNewswire/ --Woodforest National Bank (Woodforest) recently earned two notable awards for its Woodforest FoundrySM Entrepreneurship 4 AllSM curriculum.
  • Jay Dreibelbis, Woodforest National Bank President and CEO added, "Thank you, Texas Bankers Association and Independent Bankers Association of Texas for your recognition.
  • With the Woodforest Foundry, entrepreneurs find a community of mentors and trusted guidance from peers, Woodforest bankers and community partners.
  • The Woodforest Foundry starts with open community events called Entrepreneurship 4 Allthat demystify entrepreneurship through candid conversations with successful entrepreneurs from the community.

Potomac Bancshares, Inc. To Present at Boenning & Scattergood Investor Forum

Friday, September 24, 2021 - 9:29pm

CHARLES TOWN, W.Va., Sept. 24, 2021 /PRNewswire/ --Potomac Bancshares, Inc. (OTC: PTBS), the one bank holding company for Bank of Charles Town, also known as The Community's Bank, announced today they will present at the investor forum hosted by Boenning & Scattergood on Monday, September 27, 2021.

Key Points: 
  • CHARLES TOWN, W.Va., Sept. 24, 2021 /PRNewswire/ --Potomac Bancshares, Inc. (OTC: PTBS), the one bank holding company for Bank of Charles Town, also known as The Community's Bank, announced today they will present at the investor forum hosted by Boenning & Scattergood on Monday, September 27, 2021.
  • A copy of Potomac Bancshares' presentation can be found on their Investor Relations website at https://ir.mybct.bank.
  • Founded in 1871 and celebrating their 150th year of service, BCT - Bank of Charles Town, also known as The Community's Bank, is a wholly owned subsidiary of Potomac Bancshares, Inc. (OTC:PTBS).
  • BCT's offices are located in Jefferson and Berkeley Counties (WV), Washington County (MD), and Loudoun and Stafford Counties (VA).

BCT-Bank of Charles Town's "Pack the 'Pack" Campaign Raises $43,000 to Fill 8,600 Backpacks of Local Children with Food

Wednesday, September 22, 2021 - 1:00pm

With the support of BCT customers, employees, vendors, and local community patrons, a total of $43,000 was raised that will be used to fill 8,600 take-home backpacks with food for local food-insecure school children.

Key Points: 
  • With the support of BCT customers, employees, vendors, and local community patrons, a total of $43,000 was raised that will be used to fill 8,600 take-home backpacks with food for local food-insecure school children.
  • "This effort was initiated at the last minute due to the emergency need of food-insecure children in our markets.
  • Thousands of local children will be fed because we joined together as neighbors in a fight to end food-insecurity in our local communities."
  • These partners will purchase and distribute food to local school children using the funds donated, filling over 8,600 backpacks with food.