United Security Bancshares

RAADR, Inc. Issues Shareholder Letter

Thursday, October 14, 2021 - 1:30pm

The letter is published in its entirety below:

Key Points: 
  • The letter is published in its entirety below:
    It is with great pleasure that I confidently report to you that RAADR's future is bright.
  • It is important that I begin this letter by saying that nothing in this letter should be interpreted as a solicitation to either buy or sell our stock.
  • If you are a new shareholder, thank you for your decision to become a shareholder and thank you for the confidence you have placed in our company as we unveil the new 2.0 version of RAADR's Parental monitoring application in the fourth quarter of 2021.
  • As compared to the toxic lenders, we believe that these investors are more aligned with our long-term goal of creating shareholder value.

RAADR, Inc. CEO Jacob DiMartino Makes Historic Pledge to Sign No Additional Toxic Funding Documents

Monday, October 4, 2021 - 1:30pm

Regulation A is being used as a favorable alternative to toxic funding.

Key Points: 
  • Regulation A is being used as a favorable alternative to toxic funding.
  • The audited financial statements will be included in the company's anticipated Form 10 filing with the Securities and Exchange Commission.
  • Now is the time to make this pledge that we do not plan to sign any additional toxic funding documents now or in the future."
  • This pledge is being made contingent on our ability to continue to use Regulation A as a viable and legal funding mechanism.

United Security Bancshares Appoints Two New Members to Board of Directors

Thursday, September 30, 2021 - 10:24pm

The Board of Directors of United Security Bancshares (the "Company")(NASDAQ: UBFO), the parent company of United Security Bank (the "Bank"), announced today the appointment of Heather Hammack and Dora Westerlund to the Company's and Bank's Boards of Directors, effective September 28, 2021.

Key Points: 
  • The Board of Directors of United Security Bancshares (the "Company")(NASDAQ: UBFO), the parent company of United Security Bank (the "Bank"), announced today the appointment of Heather Hammack and Dora Westerlund to the Company's and Bank's Boards of Directors, effective September 28, 2021.
  • Both are actively involved in our local community and will serve as excellent resources for both the Board and Management of the Company."
  • Dora currently serves on the Board of Governors for California State University, Fresno, and on the St. Agnes Medical Center Board of Directors.
  • United Security Bancshares (NASDAQ: UBFO) is the holding company for United Security Bank, which was founded in 1987.

United Security Bancshares Declares Quarterly Cash Dividend

Thursday, September 30, 2021 - 5:45pm

On September 28, 2021, the Board of Directors of United Security Bancshares (the "Company")(NASDAQ: UBFO), the parent company of United Security Bank (the "Bank"), declared a regular quarterly cash dividend of $0.11 per share on the Company's common stock.

Key Points: 
  • On September 28, 2021, the Board of Directors of United Security Bancshares (the "Company")(NASDAQ: UBFO), the parent company of United Security Bank (the "Bank"), declared a regular quarterly cash dividend of $0.11 per share on the Company's common stock.
  • United Security Bancshares (NASDAQ: UBFO) is the holding company for United Security Bank, which was founded in 1987.
  • United Security Bank is headquartered in Fresno and operates 12 full-service branch offices in Fresno, Bakersfield, Campbell, Caruthers, Coalinga, Firebaugh, Mendota, Oakhurst, San Joaquin, and Taft.
  • Additionally, United Security Bank operates Commercial Real Estate Construction, Commercial Lending, and Consumer Lending departments.

RAADR, Inc. Announces that its Audit Which Will Allow it to Become a Fully Reporting Company will be Completed During the Fourth Quarter of 2021

Friday, September 17, 2021 - 1:00pm

As a fully reporting company with the SEC, RAADR, Inc. expects that business opportunities will flourish and its cost of capital will significantly decrease virtually immediately as the company completes the transmission from an alternative reporting company to a fully reporting company.

Key Points: 
  • As a fully reporting company with the SEC, RAADR, Inc. expects that business opportunities will flourish and its cost of capital will significantly decrease virtually immediately as the company completes the transmission from an alternative reporting company to a fully reporting company.
  • RAADR Inc. Chairman and Chief Jacob Dimartino commented, "For weeks, we have been working closely with our auditor to quickly respond to all their requests for information.
  • We take this opportunity to thank our shareholders who believe in what we're doing to make the world a better place."
  • RAADR Inc. is committed to making our world and social media a safer and better place for kids and young adults.