Tranche Update on United Bancorporation of Alabama, Inc.'s Equity Buyback Plan announced on April 1, 2022.
July 20, 2022
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From April 1, 2022 to June 30, 2022, the company has repurchased 188,298 shares, for $5.4 million. With this, the company has completed the repurchase of 188,298 shares, for $5.4 million under the buyback announced on April 1, 2022.
United Bancorporation of Alabama, Inc. is a financial holding company that primarily serves Southwest Alabama as well as Northwest Florida. The Company is a Community Development Financial Institution (CDFI) that operates three subsidiaries: United Bank, Town-Country United Bank and UB Community Development. United Bank is also designated as a CDFI and operates 22 locations across five counties. Town-Country United Bank serves Wilcox County and its surrounding counties. UB Community Development focuses on economic and community development through its New Market Tax Credits, affordable housing and community facilities programs. United Bank has offices in Atmore, Brewton, East Brewton, Flomaton, Monroeville, Frisco City, Bay Minette, Daphne, Foley, Lillian, Loxley, Magnolia Springs, Semmes, Silverhill and Summerdale in Alabama. United Bank serves Santa Rosa County, Florida in Jay, Milton and Pace.
UNITED BANCORPORATION OF ALABAMA, INC. 
