Summerdale

United Bancorporation of Alabama announces semiannual dividend

Retrieved on: 
Friday, July 14, 2023
UB, Summerdale, FDIC, Pace, CDFI, Community development financial institution, Economic development, OTCQX, Community development, Spanish Fort, United Bank, Holding company, Bank, United, Daphne

ATMORE, Ala., July 14, 2023 /PRNewswire/ -- United Bancorporation of Alabama, Inc. (OTCQX: UBAB), parent company of United Bank, Town-Country United Bank and UB Community Development has announced a semiannual dividend of $0.25 per share, declared on May 16, 2023.

Key Points: 
  • ATMORE, Ala., July 14, 2023 /PRNewswire/ -- United Bancorporation of Alabama, Inc. (OTCQX: UBAB), parent company of United Bank, Town-Country United Bank and UB Community Development has announced a semiannual dividend of $0.25 per share, declared on May 16, 2023.
  • United Bancorporation of Alabama, Inc. (OTCQX: UBAB) is a $1.4 billion financial holding company that primarily serves Southwest Alabama as well as Northwest Florida.
  • United is a Community Development Financial Institution (CDFI), which recognizes its commitment to stimulating economic development in underserved communities.
  • United operates three subsidiaries: United Bank, Town-Country United Bank and UB Community Development.

United Bancorporation of Alabama announces semiannual dividend

Retrieved on: 
Wednesday, January 11, 2023
Economic development, FDIC, Community development financial institution, CDFI, Summerdale, UB, OTCQX, New Markets Tax Credit Program, Pace, Spanish Fort, United Bank, Community development, Housing, Holding company, Bank, United, Daphne

ATMORE, Ala., Jan. 11, 2023 /PRNewswire/ -- United Bancorporation of Alabama, Inc. (OTCQX: UBAB), parent company of United Bank, Town-Country United Bank and UB Community Development, has announced a semiannual dividend of $0.22 per share was declared on Dec. 13, 2022.

Key Points: 
  • ATMORE, Ala., Jan. 11, 2023 /PRNewswire/ -- United Bancorporation of Alabama, Inc. (OTCQX: UBAB), parent company of United Bank, Town-Country United Bank and UB Community Development, has announced a semiannual dividend of $0.22 per share was declared on Dec. 13, 2022.
  • United Bancorporation of Alabama, Inc. (OTCQX: UBAB) is a $1.2 billion financial holding company that primarily serves Southwest Alabama as well as Northwest Florida.
  • United is a Community Development Financial Institution (CDFI), which recognizes its commitment to stimulating economic development in underserved communities.
  • United operates three subsidiaries: United Bank, Town-Country United Bank and UB Community Development.

United Bancorporation of Alabama, Inc. Announces Third Quarter Results

Retrieved on: 
Friday, October 28, 2022
Treasury, FDIC, Community development financial institution, United Bank, Housing, New Markets Tax Credit Program, CDFI, Spanish Fort, Summerdale, Income, UB, Tier, Economic development, ECIP, Community development, OTCQX, Pace, Security (finance), Bank, Daphne, United

ATMORE, Ala., Oct. 28, 2022 /PRNewswire/ -- (OTCQX: UBAB) - United Bancorporation of Alabama, Inc., parent company of United Bank, Town-Country United Bank, and UB Community Development announces its financial results for the period ended September 30, 2022.

Key Points: 
  • ATMORE, Ala., Oct. 28, 2022 /PRNewswire/ -- (OTCQX: UBAB) - United Bancorporation of Alabama, Inc., parent company of United Bank, Town-Country United Bank, and UB Community Development announces its financial results for the period ended September 30, 2022.
  • About United Bancorporation of Alabama, Inc.
    United Bancorporation of Alabama, Inc. (OTCQX: UBAB) is a $1.3 billion financial holding company that primarily serves Southwest Alabama as well as Northwest Florida.
  • United is a Community Development Financial Institution (CDFI), which recognizes its commitment to stimulating economic development in underserved communities.
  • United operates three subsidiaries: United Bank, Town- Country United Bank and UB Community Development.

United Bancorporation of Alabama, Inc. Announces Second Quarter Results

Retrieved on: 
Thursday, July 21, 2022
FDIC, Community development, UB, Summerdale, Income, Tier, Pace, New Markets Tax Credit Program, United Bank, CDFI, Economic development, Housing, EPS, Community development financial institution, Spanish Fort, OTCQX, Bank, Daphne, United

ATMORE, Ala., July 21, 2022 /PRNewswire/ -- (OTCQX: UBAB)- United Bancorporation of Alabama, Inc., parent company of United Bank, Town-Country United Bank, and UB Community Development, announces its financial results for the period ended June 30, 2022.

Key Points: 
  • ATMORE, Ala., July 21, 2022 /PRNewswire/ -- (OTCQX: UBAB)- United Bancorporation of Alabama, Inc., parent company of United Bank, Town-Country United Bank, and UB Community Development, announces its financial results for the period ended June 30, 2022.
  • About United Bancorporation of Alabama, Inc.
    United Bancorporation of Alabama, Inc. (OTCQX: UBAB) is a $1.2 billion financial holding company that primarily serves Southwest Alabama as well as Northwest Florida.
  • United operates three subsidiaries: United Bank, Town-Country United Bank and UB Community Development.
  • For a complete second quarter report and financial metrics visit our investor relations tab at www.UnitedBank.com .

United Bancorporation of Alabama receives capital investment from Department of the Treasury

Retrieved on: 
Wednesday, July 13, 2022
New Markets Tax Credit Program, Community development financial institution, Housing, U.S. Department of the Treasury, Office of Inspector General, Economic development, Summerdale, UB, Pace, Community development, Program, COVID-19, U.S. Department of Defense Strategy for Operating in Cyberspace, United Bank, ECIP, OTCQX, MDIS, Spanish Fort, CDFI, Treasury, Security (finance), Bank, Daphne, United

ATMORE, Ala., July 13, 2022 /PRNewswire/ -- United Bancorporation of Alabama, Inc., parent company of United Bank, Town-Country United Bank and UB Community Development, has received a $123 million investment from the U.S. Department of the Treasury under its Emergency Capital Investment Program, or ECIP.

Key Points: 
  • ATMORE, Ala., July 13, 2022 /PRNewswire/ -- United Bancorporation of Alabama, Inc., parent company of United Bank, Town-Country United Bank and UB Community Development, has received a $123 million investment from the U.S. Department of the Treasury under its Emergency Capital Investment Program, or ECIP.
  • The new capital is intended to be used by United to further increase lending efforts for borrowers in underserved, low-income and minority communities.
  • United Bancorporation of Alabama, Inc. (OTCQX: UBAB) is a $1.2 billion financial holding company that primarily serves Southwest Alabama as well as Northwest Florida.
  • United operates three subsidiaries: United Bank, Town-Country United Bank and UB Community Development.

United Bancorporation of Alabama, Inc. Announces First Quarter Results

Retrieved on: 
Tuesday, April 26, 2022
Community Facilities Program, National bank, EPS, UB, Education, Sale, FDIC, New Markets Tax Credit Program, NMTC, History, United Bank, Summerdale, Income, Pace, Online gambling, Security (finance), Bank, Daphne, United

ATMORE, Ala., April 26, 2022 /PRNewswire/ -- (OTCQX: UBAB)- United Bancorporation of Alabama, Inc., parent company of United Bank, Town-Country United Bank, and UB Community Development announces its financial results for the first quarter ended March 31, 2022.

Key Points: 
  • ATMORE, Ala., April 26, 2022 /PRNewswire/ -- (OTCQX: UBAB)- United Bancorporation of Alabama, Inc., parent company of United Bank, Town-Country United Bank, and UB Community Development announces its financial results for the first quarter ended March 31, 2022.
  • Earnings per share for the three-month period was $0.76 compared to $0.96 for the same period in 2021.
  • United reported total assets of $1.2 billion at March 31, 2022 as compared to $949.0 million at March 31, 2021, an increase of $248.7 million or 26.2%.
  • United Bank is a $1.2 billion financial institution that has enjoyed 117 years of continuous service to Atmore, Alabama and surrounding communities.

United Bancorporation of Alabama, Inc. Announces A New Stock Repurchase Program

Retrieved on: 
Friday, April 1, 2022
Company, Board, Securities and Exchange Commission (Nigeria), United Bank, Director, Pace, Spanish Fort, News, UB, Summerdale, FDIC, Security (finance), Bank, Daphne

ATMORE, Ala., April 1, 2022 /PRNewswire/ --(OTCQX: UBAB)- United Bancorporation of Alabama, Inc., parent company of United Bank, Town-Country United Bank and UB Community Development, announced today that the Board of Directors has approved a new stock repurchase program ("2022 Repurchase Program").

Key Points: 
  • ATMORE, Ala., April 1, 2022 /PRNewswire/ --(OTCQX: UBAB)- United Bancorporation of Alabama, Inc., parent company of United Bank, Town-Country United Bank and UB Community Development, announced today that the Board of Directors has approved a new stock repurchase program ("2022 Repurchase Program").
  • Under the repurchase program, the Company may repurchase up to 188,298 shares or approximately 5% of the currently outstanding shares of its common stock.
  • The 2022 Repurchase Program replaces the previous repurchase program that expired in November 2021.
  • The repurchase program may be suspended, terminated, or modified at any time for any reason.

United Bancorporation of Alabama, Inc. Announces Fourth Quarter Results

Retrieved on: 
Monday, January 31, 2022
UB, Pace, United Bank, FDIC, Summerdale, EPS, Income, Bank, Daphne, United

ATMORE, Alabama, Jan. 31, 2022 /PRNewswire/ -- (OTCQX: UBAB)- United Bancorporation of Alabama, Inc., parent company of United Bank, Town-Country National Bank and UB Community Development, announces financial results for the period ended December 31, 2021.

Key Points: 
  • ATMORE, Alabama, Jan. 31, 2022 /PRNewswire/ -- (OTCQX: UBAB)- United Bancorporation of Alabama, Inc., parent company of United Bank, Town-Country National Bank and UB Community Development, announces financial results for the period ended December 31, 2021.
  • United Bank has offices in Atmore, East Brewton, Brewton, Daphne, Flomaton, Monroeville, Frisco City, Bay Minette, Foley, Lillian, Loxley, Magnolia Springs, Semmes, Silverhill, Spanish Fort, and Summerdale in Alabama.
  • United Bank serves Santa Rosa County, Florida in Jay, Milton, and Pace.
  • For more information about United Bank, please visit our website at www.unitedbank.com .

United Bancorporation of Alabama, Inc. Announces Third Quarter Results

Retrieved on: 
Thursday, October 28, 2021
UB, United Bank, Income, EPS, Pace, FDIC, Summerdale, Bank

ATMORE, Ala., Oct. 28, 2021 /PRNewswire/ --(OTCQX: UBAB) - United Bancorporation of Alabama, Inc., parent company of United Bank, Town-Country National Bank and UB Community Development, announces financial results for the period ended September 30, 2021.

Key Points: 
  • ATMORE, Ala., Oct. 28, 2021 /PRNewswire/ --(OTCQX: UBAB) - United Bancorporation of Alabama, Inc., parent company of United Bank, Town-Country National Bank and UB Community Development, announces financial results for the period ended September 30, 2021.
  • United Bank has offices in Atmore, East Brewton, Brewton, Daphne, Flomaton, Monroeville, Frisco City, Bay Minette, Foley, Lillian, Loxley, Magnolia Springs, Semmes, Silverhill, Spanish Fort, and Summerdale in Alabama.
  • United Bank serves Santa Rosa County, Florida in Jay, Milton, and Pace.
  • For more information about United Bank, please visit our website at www.unitedbank.com .

UB Community Development LLC Announces Funding for Buc-ee's Store in Auburn, Alabama

Retrieved on: 
Wednesday, October 6, 2021
Community Facilities Program, Health, Program, United Bank (Atlanta metropolitan area), NMTC, Interstate 85, Treasury, Coffee, FDIC, United States Department of the Treasury, Interstate Highway System, Silver Hill, UB, Summerdale, LLC, Pace, Housing, United Bank, History, Investment, New Markets Tax Credit Program, Education, Department, Bank

This will be the fourth Buc-ee's convenience store in Alabama and will create over 175 jobs in the Auburn community.

Key Points: 
  • This will be the fourth Buc-ee's convenience store in Alabama and will create over 175 jobs in the Auburn community.
  • UB Community Development was recently awarded a $65 million New Markets Tax Credit (NMTC) allocation by the Department of the Treasury.
  • For more information about UB Community Development, or for help with planning your next funding project, contact Alex Jones, President, UB Community Development at (251) 446-6017 or email [email protected] .
  • For more information about UB Community Development, visit our website at www.UBCommunityDevelopment.com.