Press Releases / News
UBCP Wins the Cup
Thursday, June 10, 2021
UBCP Wins the Cup, not the Stanley Cup; but, the Raymond James Community Bankers Cup, one of the most coveted awards in the banking industry! Unified Bank’s holding company, United Bancorp, Inc. (NASDAQ: UBCP) was recently notified that it has been awarded the 2020 Raymond James Community Bankers Cup on the basis of its superior performance during the previous twelve months.
The Raymond James Cup is awarded each year based on superior performance in community banking. This prestigious award recognizes the top 10% of community banks based on various profitability, operational efficiency, and balance sheet metrics. Exchange-traded domestic banks with assets between $500 million and $10 billion are evaluated and considered for the award. United Bancorp, Inc. has been recognized as being in the top 10% of US banks considered and is a proud recipient of the 2020 Raymond James Community Bankers Cup Award.
Scott Everson, President & CEO United Bancorp, Inc. and President, Chairman & CEO Unified Bank said, “Being awarded the “R.J. Cup” is analogous to winning the Stanley Cup in hockey. We are truly honored to be considered one of the most elite and highest performing publicly traded Community Banking Organizations in the United States! Team is everything at United Bancorp and our subsidiary, Unified Bank. It took hard work and perseverance, dedication to our craft and a true team effort to achieve this monumental award!”
United Bancorp is located in Martins Ferry, Ohio and is the only publicly traded and listed company headquartered in Belmont County. Through its single bank charter, Unified Bank, the Company currently has twenty banking centers that serve the Ohio Counties of Athens, Belmont, Carroll, Fairfield, Harrison, Jefferson and Tuscarawas and Marshall County in West Virginia. United Bancorp, Inc. trades on the NASDAQ Capital Market tier of the NASDAQ Stock Market under the symbol UBCP, Cusip #909911109.
Unified Bank is a full-service FDIC-insured, state-chartered commercial bank headquartered in Martins Ferry, OH and has nineteen locations that serve the Ohio counties of Athens, Belmont, Carroll, Fairfield, Harrison, Hocking, Jefferson and Tuscarawas and Marshall County in West Virginia. Unified Bank is the sole operating subsidiary of United Bancorp, Inc. (UBCP), a publicly-traded bank holding company, and has been serving the financial needs of the Ohio Valley since 1902 from its headquarters in Martins Ferry, Ohio.