Share this article
Share this article
ATMORE, Ala., April 14, 2021 /PRNewswire/ -- United Bancorporation of Alabama Inc. (OTCQX: UBAB) (the"Company"), parent company of United Bank and UB Community Development, released its 2020 Annual & Impact Report, documenting annual progress and corporate strategic initiatives as well as finding new innovative ways to meet our customer, community and employee's needs during the pandemic. The report highlights several corporate successes such as record high income, a $6 million Capital Magnet Fund award, and a $799,000 Financial Assistance award, in addition to community and economic development projects from both United Bank and UB Community Development, a community development partner of United Bank. The emphasis in this report was on our multi-bottom line commitment of strong financial performance, community and economic development.