{"id":317,"date":"2018-03-04T02:12:17","date_gmt":"2018-03-04T02:12:17","guid":{"rendered":"http:\/\/ubannualreport.wpengine.com\/?page_id=317"},"modified":"2019-03-21T01:55:21","modified_gmt":"2019-03-21T01:55:21","slug":"innovation-impact","status":"publish","type":"page","link":"https:\/\/united.redirontest.info\/innovation-impact\/","title":{"rendered":"Innovation &#038; Impact"},"content":{"rendered":"<p><div class=\"fusion-fullwidth fullwidth-box fusion-builder-row-1 nonhundred-percent-fullwidth non-hundred-percent-height-scrolling fusion-no-medium-visibility fusion-no-large-visibility\"  style='background-color: rgba(255,255,255,0);background-position: center center;background-repeat: no-repeat;padding-top:0px;padding-right:30px;padding-bottom:0px;padding-left:30px;'><div class=\"fusion-builder-row fusion-row \"><div  class=\"fusion-layout-column fusion_builder_column fusion_builder_column_1_1 fusion-builder-column-0 fusion-one-full fusion-column-first fusion-column-last 1_1\"  style='margin-top:0px;margin-bottom:20px;'><div class=\"fusion-column-wrapper\" style=\"padding: 0px 10px 0px 10px;background-position:left top;background-repeat:no-repeat;-webkit-background-size:cover;-moz-background-size:cover;-o-background-size:cover;background-size:cover;\"   data-bg-url=\"\"><style type=\"text\/css\">@media only screen and (max-width:1000px) {.fusion-title.fusion-title-1{margin-top:10px!important;margin-bottom:10px!important;}}<\/style><div class=\"fusion-title title fusion-title-1 fusion-sep-none fusion-title-text fusion-title-size-two\" style=\"margin-top:0px;margin-bottom:31px;\"><h2 class=\"title-heading-left\" style=\"margin:0;\"><span style=\"color: #333333;\">Innovation &amp; Impact<\/span><\/h2><\/div><div class=\"fusion-sep-clear\"><\/div><div class=\"fusion-separator fusion-full-width-sep sep-none\" style=\"margin-left: auto;margin-right: auto;margin-top:20px;\"><\/div><div class=\"fusion-text\"><p>United Bank first opened its doors in January 1904 with paid capital stock of $15,000. By October of the same year, the bank had assets totaling $44,668 and our history of growth, prosperity, innovation and elevating communities had begun. The decades that followed were prosperous ones, and in 1982 the holding company United Bancorporation of Alabama, Inc. was formed.<\/p>\n<p>Operating officially as United Bank, during the 1980\u2019s new branches opened and a host of technological improvements were made, including ATMs, telephone banking, check imaging and more. The dawn of the 21st century saw continued expansion, with full-service branches opening in multiple locations across south Alabama, and entry into the Florida market in 2005.<\/p>\n<\/div><div class=\"fusion-sep-clear\"><\/div><div class=\"fusion-separator fusion-full-width-sep sep-none\" style=\"margin-left: auto;margin-right: auto;margin-top:20px;\"><\/div><div class=\"fusion-text\"><h4><span style=\"color: #004a6a;\">Maintaining a number two deposit share in the markets we serve, United Bank is routinely recognized as one of America\u2019s strongest banks. Our record of strong financial performance continues to grow, and today United Bank operates as a $597,000,000 financial institution with 18 locations across south Alabama and the Florida panhandle. <\/span><\/h4>\n<\/div><div class=\"fusion-sep-clear\"><\/div><div class=\"fusion-separator fusion-full-width-sep sep-none\" style=\"margin-left: auto;margin-right: auto;margin-top:20px;\"><\/div><div class=\"fusion-text\"><p>United Bank is a Community Development Financial Institution (CDFI), which recognizes the Bank\u2019s outreach to create economic development in low-to-moderate income communities. Creating jobs and changing lives through the engine of economic development reached a new benchmark in 2016 when United Bancorporation received $65 million in New Market Tax Credits. As a result, UB Community Development, LLC (UBCD), a community development partner of United Bank, was formed. UBCD was recently certified by the U.S. Department of Treasury as a Community Development Entity (CDE).<\/p>\n<p>The projects funded through UBCD\u2019s New Market Tax Credits and Community Facilities Loan Programs are creating jobs in low-income communities; providing goods, services and housing options; and improving access to quality healthcare and affordable food options.<\/p>\n<p>Our experience in structuring, allocating and funding New Market Tax Credit transactions, coupled with our passion for improving the communities around us, make UBCD the region\u2019s premier financial partner for rural economic and community development. For the 6<sup>th<\/sup> consecutive year, the United States Treasury Department awarded United Bank the 2017 Bank Enterprise Award in recognition of its accomplishments as a Community Development Financial Institution.<\/p>\n<p>Since our humble beginnings more than a century ago, United Bank has made our commitment to the communities we serve our singular mission. Our dedication to our customers throughout Alabama and northwest Florida is at the heart of everything we do, and is the foundation of our continued prosperity. The United Bank Charitable Foundation was formed in December 1997 to provide financial support to community organizations and non-profits in our service area. The Foundation provides aid to projects such as the Church StreetIncubator, which supports local entrepreneurs as they work to get new businesses off the ground. Through the incubator, entrepreneurs receive personal financial education and small business mentoring to help their businesses grow. The Church Street Incubator is one example of the many ways United Bancorporation is working to elevate communities and meet the needs of customers, wherever they are in their financial development.<\/p>\n<p>From simple transactions like opening a checking account for the first time to highly-sophisticated project development deals, United Bancorporation has a diverse portfolio of products and quality customer service to help our customers every step of the way.<\/p>\n<\/div><div class=\"share-box fusion-sharing-box boxed-icons\" style=\"background-color:#f4f4f4;\" data-title=\"Innovation &#038; Impact\" data-description=\"Innovation &amp; Impact United Bank first opened its doors in January 1904 with paid capital stock of $15,000. By October of the same year, the bank had assets totaling $44,668 and our history of growth, prosperity, innovation and elevating communities had begun. The decades that followed were prosperous ones, and in 1982\" data-link=\"https:\/\/united.redirontest.info\/innovation-impact\/\"><h4 class=\"tagline\" style=\"color:#004a6a;\">Share This Story, Choose Your Platform!<\/h4><div class=\"fusion-social-networks boxed-icons\"><a class=\"fusion-social-network-icon fusion-tooltip fusion-facebook fusion-icon-facebook\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Funited.redirontest.info%2Finnovation-impact%2F&amp;t=Innovation%20%26%23038%3B%20Impact\" target=\"_blank\" style=\"color:#ffffff;background-color:#1e4967;border-color:#1e4967;border-radius:5px;\" data-placement=\"top\" data-title=\"Facebook\" title=\"Facebook\" aria-label=\"Facebook\" data-toggle=\"tooltip\"><\/a><a class=\"fusion-social-network-icon fusion-tooltip fusion-twitter fusion-icon-twitter\" href=\"https:\/\/twitter.com\/share?text=Innovation%20%26%20Impact&amp;url=https%3A%2F%2Funited.redirontest.info%2Finnovation-impact%2F\" target=\"_blank\" rel=\"noopener noreferrer\" style=\"color:#ffffff;background-color:#1e4967;border-color:#1e4967;border-radius:5px;\" data-placement=\"top\" data-title=\"Twitter\" title=\"Twitter\" aria-label=\"Twitter\" data-toggle=\"tooltip\"><\/a><a class=\"fusion-social-network-icon fusion-tooltip fusion-linkedin fusion-icon-linkedin\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&amp;url=https%3A%2F%2Funited.redirontest.info%2Finnovation-impact%2F&amp;title=Innovation%20%26%23038%3B%20Impact&amp;summary=Innovation%20%26amp%3B%20Impact%20%20United%20Bank%20first%20opened%20its%20doors%20in%20January%201904%20with%20paid%20capital%20stock%20of%20%2415%2C000.%20By%20October%20of%20the%20same%20year%2C%20the%20bank%20had%20assets%20totaling%20%2444%2C668%20and%20our%20history%20of%20growth%2C%20prosperity%2C%20innovation%20and%20elevating%20communities%20had%20begun.%20The%20decades%20that%20followed%20were%20prosperous%20ones%2C%20and%20in%201982\" target=\"_blank\" rel=\"noopener noreferrer\" style=\"color:#ffffff;background-color:#1e4967;border-color:#1e4967;border-radius:5px;\" data-placement=\"top\" data-title=\"LinkedIn\" title=\"LinkedIn\" aria-label=\"LinkedIn\" data-toggle=\"tooltip\"><\/a><\/div><\/div><div class=\"fusion-clearfix\"><\/div><\/div><\/div><\/div><\/div><div class=\"fusion-fullwidth fullwidth-box fusion-builder-row-2 nonhundred-percent-fullwidth non-hundred-percent-height-scrolling fusion-no-small-visibility\"  style='background-color: rgba(255,255,255,0);background-position: center center;background-repeat: no-repeat;padding-top:0px;padding-right:30px;padding-bottom:0px;padding-left:30px;'><div class=\"fusion-builder-row fusion-row \"><div  class=\"fusion-layout-column fusion_builder_column fusion_builder_column_1_1 fusion-builder-column-1 fusion-one-full fusion-column-first fusion-column-last 1_1\"  style='margin-top:0px;margin-bottom:20px;'><div class=\"fusion-column-wrapper\" style=\"padding: 0px 80px 0px 80px;background-position:left top;background-repeat:no-repeat;-webkit-background-size:cover;-moz-background-size:cover;-o-background-size:cover;background-size:cover;\"   data-bg-url=\"\"><style type=\"text\/css\">@media only screen and (max-width:1000px) {.fusion-title.fusion-title-2{margin-top:10px!important;margin-bottom:10px!important;}}<\/style><div class=\"fusion-title title fusion-title-2 fusion-sep-none fusion-title-text fusion-title-size-two\" style=\"margin-top:0px;margin-bottom:31px;\"><h2 class=\"title-heading-left\" style=\"margin:0;\"><span style=\"color: #333333;\">Innovation &amp; Impact<\/span><\/h2><\/div><div class=\"fusion-sep-clear\"><\/div><div class=\"fusion-separator fusion-full-width-sep sep-none\" style=\"margin-left: auto;margin-right: auto;margin-top:20px;\"><\/div><div class=\"fusion-text\"><p>United Bank first opened its doors in January 1904 with paid capital stock of $15,000. By October of the same year, the bank had assets totaling $44,668 and our history of growth, prosperity, innovation and elevating communities had begun. The decades that followed were prosperous ones, and in 1982 the holding company United Bancorporation of Alabama, Inc. was formed.<\/p>\n<p>Operating officially as United Bank, during the 1980\u2019s new branches opened and a host of technological improvements were made, including ATMs, telephone banking, check imaging and more. The dawn of the 21st century saw continued expansion, with full-service branches opening in multiple locations across south Alabama, and entry into the Florida market in 2005.<\/p>\n<\/div><div class=\"fusion-sep-clear\"><\/div><div class=\"fusion-separator fusion-full-width-sep sep-none\" style=\"margin-left: auto;margin-right: auto;margin-top:20px;\"><\/div><div class=\"fusion-text\"><h4 style=\"padding-left: 60px;\"><span style=\"color: #004a6a;\">Maintaining a number two deposit share in the markets we serve, United Bank is routinely recognized as one of America\u2019s strongest banks. Our record of strong financial performance continues to grow, and today United Bank operates as a $597,000,000 financial institution with 18 locations across south Alabama and the Florida panhandle.<br \/>\n<\/span><\/h4>\n<\/div><div class=\"fusion-sep-clear\"><\/div><div class=\"fusion-separator fusion-full-width-sep sep-none\" style=\"margin-left: auto;margin-right: auto;margin-top:20px;\"><\/div><div class=\"fusion-text\"><p>United Bank is a Community Development Financial Institution (CDFI), which recognizes the Bank\u2019s outreach to create economic development in low-to-moderate income communities. Creating jobs and changing lives through the engine of economic development reached a new benchmark in 2016 when United Bancorporation received $65 million in New Market Tax Credits. As a result, UB Community Development, LLC (UBCD), a community development partner of United Bank, was formed. UBCD was recently certified by the U.S. Department of Treasury as a Community Development Entity (CDE).<\/p>\n<p>The projects funded through UBCD\u2019s New Market Tax Credits and Community Facilities Loan Programs are creating jobs in low-income communities; providing goods, services and housing options; and improving access to quality healthcare and affordable food options.<\/p>\n<p>Our experience in structuring, allocating and funding New Market Tax Credit transactions, coupled with our passion for improving the communities around us, make UBCD the region\u2019s premier financial partner for rural economic and community development. For the 6<sup>th<\/sup> consecutive year, the United States Treasury Department awarded United Bank the 2017 Bank Enterprise Award in recognition of its accomplishments as a Community Development Financial Institution.<\/p>\n<p>Since our humble beginnings more than a century ago, United Bank has made our commitment to the communities we serve our singular mission. Our dedication to our customers throughout Alabama and northwest Florida is at the heart of everything we do, and is the foundation of our continued prosperity. The United Bank Charitable Foundation was formed in December 1997 to provide financial support to community organizations and non-profits in our service area. The Foundation provides aid to projects such as the Church StreetIncubator, which supports local entrepreneurs as they work to get new businesses off the ground. Through the incubator, entrepreneurs receive personal financial education and small business mentoring to help their businesses grow. The Church Street Incubator is one example of the many ways United Bancorporation is working to elevate communities and meet the needs of customers, wherever they are in their financial development.<\/p>\n<p>From simple transactions like opening a checking account for the first time to highly-sophisticated project development deals, United Bancorporation has a diverse portfolio of products and quality customer service to help our customers every step of the way.<\/p>\n<\/div><div class=\"share-box fusion-sharing-box boxed-icons\" style=\"background-color:#f4f4f4;\" data-title=\"Innovation &#038; Impact\" data-description=\"Innovation &amp; Impact United Bank first opened its doors in January 1904 with paid capital stock of $15,000. By October of the same year, the bank had assets totaling $44,668 and our history of growth, prosperity, innovation and elevating communities had begun. The decades that followed were prosperous ones, and in 1982\" data-link=\"https:\/\/united.redirontest.info\/innovation-impact\/\"><h4 class=\"tagline\" style=\"color:#004a6a;\">Share This Story, Choose Your Platform!<\/h4><div class=\"fusion-social-networks boxed-icons\"><a class=\"fusion-social-network-icon fusion-tooltip fusion-facebook fusion-icon-facebook\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Funited.redirontest.info%2Finnovation-impact%2F&amp;t=Innovation%20%26%23038%3B%20Impact\" target=\"_blank\" style=\"color:#ffffff;background-color:#1e4967;border-color:#1e4967;border-radius:5px;\" data-placement=\"top\" data-title=\"Facebook\" title=\"Facebook\" aria-label=\"Facebook\" data-toggle=\"tooltip\"><\/a><a class=\"fusion-social-network-icon fusion-tooltip fusion-twitter fusion-icon-twitter\" href=\"https:\/\/twitter.com\/share?text=Innovation%20%26%20Impact&amp;url=https%3A%2F%2Funited.redirontest.info%2Finnovation-impact%2F\" target=\"_blank\" rel=\"noopener noreferrer\" style=\"color:#ffffff;background-color:#1e4967;border-color:#1e4967;border-radius:5px;\" data-placement=\"top\" data-title=\"Twitter\" title=\"Twitter\" aria-label=\"Twitter\" data-toggle=\"tooltip\"><\/a><a class=\"fusion-social-network-icon fusion-tooltip fusion-linkedin fusion-icon-linkedin\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&amp;url=https%3A%2F%2Funited.redirontest.info%2Finnovation-impact%2F&amp;title=Innovation%20%26%23038%3B%20Impact&amp;summary=Innovation%20%26amp%3B%20Impact%20%20United%20Bank%20first%20opened%20its%20doors%20in%20January%201904%20with%20paid%20capital%20stock%20of%20%2415%2C000.%20By%20October%20of%20the%20same%20year%2C%20the%20bank%20had%20assets%20totaling%20%2444%2C668%20and%20our%20history%20of%20growth%2C%20prosperity%2C%20innovation%20and%20elevating%20communities%20had%20begun.%20The%20decades%20that%20followed%20were%20prosperous%20ones%2C%20and%20in%201982\" target=\"_blank\" rel=\"noopener noreferrer\" style=\"color:#ffffff;background-color:#1e4967;border-color:#1e4967;border-radius:5px;\" data-placement=\"top\" data-title=\"LinkedIn\" title=\"LinkedIn\" aria-label=\"LinkedIn\" data-toggle=\"tooltip\"><\/a><\/div><\/div><div class=\"fusion-clearfix\"><\/div><\/div><\/div><\/div><\/div><\/p>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":2,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_mi_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0},"_links":{"self":[{"href":"https:\/\/united.redirontest.info\/wp-json\/wp\/v2\/pages\/317"}],"collection":[{"href":"https:\/\/united.redirontest.info\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/united.redirontest.info\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/united.redirontest.info\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/united.redirontest.info\/wp-json\/wp\/v2\/comments?post=317"}],"version-history":[{"count":0,"href":"https:\/\/united.redirontest.info\/wp-json\/wp\/v2\/pages\/317\/revisions"}],"wp:attachment":[{"href":"https:\/\/united.redirontest.info\/wp-json\/wp\/v2\/media?parent=317"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}