A Word from President Mike Vincent

United Bancorporation had a tremendous year in 2023. Both of our banking subsidiaries, United Bank and Town Country United Bank, excelled in a year marked with further interest rate increases as the Federal Reserve continued in their battle to curb inflation. Eleven rate increases over a seventeen-month period created an unstable banking environment. Our performance is an example of what a financial institution can do if it maintains a responsible business model, is responsive to changing market conditions, and is nimble enough to creatively meet the needs of a very diverse customer base across multiple market areas.

A visit to any of our branches will affirm

our commitment to a workforce that is engaged,

empowered, and dedicated to serving our customers and communities.

OUR COMPANY

Women represent 74% of the workforce at United. Consequently, it is dedicated to fostering an inclusive, innovative, and supportive environment for women in the workplace. We recognize unique contributions and perspectives and strive to create opportunities for professional growth and advancement. Our culture empowers women to be successful, assume leadership, and make a positive impact in their careers and communities. 

Impact Report

UB Community Development: Bringing much needed financial resources to communities in the Southeast

In 2023, UBCD focused on advancing its project development with notable progress and achievements. We successfully utilized funding solutions and services to address job creation, affordable housing, and healthcare access in our footprint. Through strategic collaborations and effective approaches, we made significant strides toward our mission of creating sustainable and impactful change in rural and underserved communities.

2023 FINANCIALS

Earnings Per Share

$8.81

Total Assets

$1,389,987,020

Loans Held for Investment

$ 811,947,933

Net Income Before Taxes

$31,541,135

2023 FINANCIALS

Earnings Per Share

$8.81

Total Assets

$1,389,987,020

Loans Held for Investment

$ 811,947,933

Net Income Before Taxes

$31,541,135

2023 FINANCIALS

Earnings Per Share

$8.81

Total Assets

$1,389,987,020

Loans Held for Investment

$811,947,933

Net Income Before Taxes

$31,541,135

Contact

UNITED BANK
200 E. NASHVILLE AVE.
ATMORE, AL 36502
251.446.6001
unitedbank.com

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