Bank / Credit Union

United Bancorp. to merge its United Bank, Town-Country United Bank subsidiaries

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September 16, 2024

United Bancorp. of Alabama Inc. announced its subsidiaries United Bank and Town-Country United Bank will merge on Oct. 1. The bank will go by the name United Bank and will have 19 branches and approximately $1.3 billion in assets, according to a press release.

The bank will have four loan production and support offices in Alabama and the Florida panhandle.

"In 2021, United Bancorporation purchased Town-Country National Bank, as they were a geographic and cultural fit to United Bank. For three years we have been pleased with the continued growth and development of Town-Country United Bank in the Camden market. This final step in bringing our two banks together is the culmination of that transition. We are excited to bring the full suite of products and services to further meet the financial needs of the customers in Camden and Wilcox County," Michael R. Vincent, president and CEO of United Bancorp. of Alabama, said in the release.