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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.
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