Headquartered in Martins Ferry, Ohio, United Bancorp, Inc. operates as a bank holding company that markets its products and services through its operating subsidiary, The Citizens Savings Bank. It was incorporated in July 1983. It operates under their slogan “We are united to better serve you.”
Despite the stiff competition and the changing landscape in the financial markets, the business remains steadfast in maintaining its leading position in the markets it serves. It offers a wide range of financial services and products that are uniquely tailored to the needs of customers, businesses and institutions. The Citizens Bank provides its offerings through its 18 banking offices across northeastern, eastern and southeastern Ohio. Its operations are further divided into two divisions: The Community Ban and The Citizens Bank. These divisions represent the communities they serve.
The Community Bank division serves the counties of Athens and Fairfield, while The Citizens Bank unit operates in the counties of Harrison, Carroll, Belmont, Tuscarawas and Jefferson. Its wide range of banking and financial services include depository and savings products, time deposits, brokerage services, commercial, real estate and consumer lending activities. As of March 2015, the company’s loan portfolio is valued to be around $47.91 million of commercial loans and another $161.45 million under its commercial real estate loan portfolio. Additionally, their residential real estate loans are estimated to be around $82.97 million. The pooled deposits and the company’s access to the Federal Home Loan Banks continue to fuel their lending activities.
United Bancorp, Inc. invests in the latest technology to continue on providing their clients better banking experience. The company remains publicly traded on the NASDAQ Capital Market and trades its common shares using the ticker symbol UBCP. It is listed as one of the components of the Wilshire 5000 Index.
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