United Bancorp, Inc. Announces Special Dividend, Payable on March 20, 2023
February 23, 2023 at 11:15 am EST
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The Board of Directors of United Bancorp, Inc. approved a one-time, special dividend of $0.15 per common share, which is payable on March 20, 2023 to shareholders of record on March 10, 2023. The Board of Directors approved this special cash dividend based on the Company's continued solid earnings, ample liquidity and strong capital position.
United Bancorp, Inc. is a bank holding company. The Company has one wholly owned subsidiary bank, Unified Bank, Martins Ferry, Ohio (the Bank). The Bank serves customers in northeastern, eastern, southeastern and south-central Ohio and the Northern panhandle of West Virginia and is engaged in the business of commercial and retail banking in Belmont, Harrison, Jefferson, Tuscarawas, Carroll, Athens, Hocking, and Fairfield counties and the surrounding localities. The bank also operates in Marshall County West Virginia. The Bank provides a range of banking and financial services, which includes accepting demand, savings and time deposits and granting commercial, real estate and consumer loans. The Bank's loan portfolio includes commercial loans, commercial real estate loans, residential real estate loans and installment loans. The Bank conducts its business through its main office and standalone operations center in Martins Ferry, Ohio and about 18 branches located in the counties.
UNITED BANCORP, INC. 
