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Category: Press Releases

Archives

Fourth Quarter & Year End 2020

Friday, 22 January 2021 by Union Bank
UB Bancorp Releases Earnings for the Year Ended December 31, 2020 Reports Record Earnings for the Fourth Quarter of 2020 Greenville, NC – (Business Wire) – January 22, 2021 – UB Bancorp (OTCQX: UBNC) (the “Company”) the parent of Union Bank (the “Bank”) is pleased to report its results for the quarter and twelve months
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UB Bancorp Announces Common Stock Repurchase Program

Monday, 07 December 2020 by Union Bank
Greenville, NC – (Business Wire) – December 7, 2020 – UB Bancorp (OTCQX: UBNC), the parent holding company of Union Bank, announces that its Board of Directors has approved the repurchase of up to 1.5% of its 5,978,851 common shares outstanding. UB Bancorp (the “Company”) will acquire these shares in the open market, making its
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UB Bancorp Releases Earnings for the Quarter & Nine Months Ended September 30, 2020

Thursday, 22 October 2020 by Union Bank
UB Bancorp Releases Earnings for the Quarter & Nine Months Ended September 30, 2020 Board Declares Semi-Annual Cash Dividend Greenville, NC – (Business Wire) – October 22, 2020 – UB Bancorp (OTCQX: UBNC) (the “Company”) the parent of Union Bank (the “Bank”) is pleased to report its results for the quarter and nine months ended
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Union Bank Announces New Director

Friday, 16 October 2020 by Union Bank
Greenville, NC – (Business Wire) – October 16, 2020 – The Board of Directors of UB Bancorp (OTCQX: UBNC) (the “Company”) and Union Bank (the “Bank”) is pleased to announce that Dr. William A. Keyes IV has joined the Bank’s Board of Directors. Mr. Rob Jones, President and CEO, commented, “We are extremely excited that
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UB Bancorp Releases Earnings for the Quarter & Six Months Ended June 30, 2020

Thursday, 23 July 2020 by Union Bank
UB Bancorp Releases Earnings for the Quarter & Six Months Ended June 30, 2020 Greenville, NC – (Business Wire) – July 23, 2020 – UB Bancorp (OTCQX: UBNC) (the “Company”) the parent of Union Bank (the “Bank”) is pleased to report its results for the quarter and six months ended June 30, 2020. The second
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UB Bancorp Announces Completion of $25 Million Subordinated Notes Offering

Monday, 01 June 2020 by Union Bank
UB Bancorp (OTCQX: UBNC) (the “Company”), the parent of Union Bank (the “Bank”), is very pleased to announce the completion of a $25.0 million private placement offering of subordinated notes on May 29, 2020.
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Union Bank Announces Formation of Bank Holding Company and Semi-Annual Cash Dividend

Wednesday, 06 May 2020 by Union Bank
The Directors of UB Bancorp (OTCQX: UBNC) (the “Company”) are pleased to announce the formation of UB Bancorp, a bank holding company, and the declaration of a cash dividend of $0.10 per share.
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First Quarter Earnings 2020

Tuesday, 28 April 2020 by Union Bank
Union Bank Releases Earnings for the Quarter Ended March 31, 2020 Greenville, NC – (Business Wire) – April 28, 2020 – Union Bank (OTCQX: UBNC) (the “Bank”) is pleased to report its results for the quarter ended March 31, 2020. Net income for the first quarter of 2020 was $1.7 million or $0.29 per basic
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2019 Annual Report

Thursday, 16 April 2020 by Union Bank
Download/Print 2019 Annual Report (pdf document) Financial Information A complete 2019 Audited Financial Statement may be obtained by contacting Union Bank. Please request by contact Scott C. McLean by mail at Union Bank, 1011 Red Banks Road, Greenville, NC 27858, or via our website at: www.unionbanknc.com Annual Shareholders Meeting The annual meeting of shareholders of
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Union Bank donates $100,000 to help ten North Carolina Salvation Army Centers

Wednesday, 25 March 2020 by Union Bank
UNION BANK donates $100,000 to help ten North Carolina Salvation Army Centers A gift of $100,000 from Greenville, NC based Union Bank, to The Salvation Army will provide much needed help and hope to the thousands of families and individuals who are being affected by COVID-19.  The gift will be divided between ten Salvation Army
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