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United Bancorp Inc. (UBMI.OB)

On Feb 9: 4.35 USD   0.00 (0.00%)  
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United Bancorp Inc.
205 E Chicago Boulevard
Tecumseh, MI 49286
Phone: 517-423-8373

DETAILS
Index Membership: N/A
Sector: Financial
Industry: Regional - Midwest Banks
Employees (last reported count): 233

BUSINESS SUMMARY
United Bancorp, Inc. operates as a holding company for United Bank & Trust (UBT) and United Bank & Trust-Washtenaw (UBTW) that provide banking and financial services to individuals, corporations, fiduciaries, and other institutions. It offers various deposit products, such as checking, NOW accounts, savings accounts, time deposits, and money market deposit accounts. The company’s loan portfolio comprises real estate loans; secured and unsecured business, and personal loans; consumer installment loans; credit card and check-credit loans; home equity loans; accounts receivable and inventory financing; equipment lease financing; and construction financing. In addition, it provides fiduciary services to individuals, corporations, and governmental entities, including services as trustee for personal, pension, and employee benefit trusts; and offers trust, financial planning, investment, custody, and pension paying agent services, as well as acts as the personal representative for estates. Further, the company sells non-deposit investment products, and credit and life insurance products, as well as provides safe deposit facilities, electronic banking and bill payment, and money transfer services. Additionally, it offers financing solutions to small businesses; and provides check clearing, securities safekeeping, transfer of funds, loan participation, and purchase and sale of federal funds services. As of December 31, 2008, UBT operated 12 banking offices, 1 Trust office, and 15 automated teller machines in Lenawee and Monroe Counties, Michigan; and UBTW had 5 banking offices and 5 automated teller machines in Washtenaw County, Michigan. The company is headquartered in Tecumseh, Michigan.
Key Statistics

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OFFICERS
  Pay Exercised
Mr. Robert K. Chapman , 66
Chief Exec. Officer, Pres, Director, Director - United Bank & Trust Washtenaw of United Bank & Trust
$ 264.00K $ 0
Mr. Randal J. Rabe , 51
Chief Financial Officer, Exec. VP, Corp. Sec. of United Bank & Trust
$ 195.00K $ 0
Mr. Todd C. Clark , 40
Exec. VP, Chief Exec. Officer of United Bank & Trust - Washtenaw UBTW, Pres of United Bank & Trust - Washtenaw of United Bank & Trust - Washtenaw
$ 198.00K $ 0
Mr. Joseph R. Williams , 45
Exec. VP, Chief Exec. Officer of United Bank & Trust and Pres of United Bank & Trust
$ 165.00K $ 0
Mr. Gary D. Haapala , 46
Exec. VP and Exec. VP of Wealth Management Group - United Bank & Trust
$ 178.00K $ 0
Dollar amounts are as of 31-Dec-08 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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