United Bank of Alabama
Founded in 1904, United Bank is a community bank that is deeply rooted in the communities it serves through its 17 branches. The bank’s community development initiatives are directed towards improving the social and economic conditions of the distressed communities and underserved individuals throughout rural southwest Alabama and northwest Florida. United Bank is a certified Community Development Financial Institution, and was a recipient of the 2011 FDIC Chairman’s Award for Excellence for developing a checking account for consumers with low or no credit scores. In all things, United Bank seeks to accomplish its mission of “Strength through service excellence.”
United Bank is proud to announce the addition of Elmo “Douglas” Ziebach, Jr. to their Board of Directors. The Monroeville, Alabama business owner and community leader begins his term body following service as a member of United Bank’s Monroe County Advisory Board. “We are very pleased to have Douglas join our board.” said Bob Jones, United Bank President and CEO. “His commitment to community service as well as his success in business make him eminently qualified as a bank director. Douglas’ business interest fit nicely with our service area and growth plans. United Bank’s dedication to forestry and rural land financing coupled with Douglas’ timber expertise, strategically align with our footprint and mission. We welcome his guidance in this emerging market.”
Be inquisitive and never stop learning. Those were two pieces of advice Bob Jones, CEO and President of United Bank, shared with Harbert College of Business students on Monday, October 14. "Things change so quickly that what you learn today, by the time you get into the workplace, it's going to be dramatically different. If you think you know it all, and you stop, it's going to blow by you in a heartbeat." United Bank is a full-service community bank in Atmore that serves southwest Alabama, and parts of the Florida Panhandle. Jones, a former accountant and U.S. Navy veteran who holds a degree from the Harbert College of Business, became United Bank's CEO in 1992. He discussed the merits of community banks, community development, learning to evolve professionally, and what he considers "credibility capital" (earning trust and respect).
Earlier this month, UB Community Development, a partner of United Bank, provided Capital Magnet Funds to the Community Action Partnership of North Alabama (CAPNA) and The Bennett Group to be used for the construction of The Village, a 56-unit, affordable multi-family project. "Rising construction costs and falling equity prices were going to leave us with a significant gap in funding," said Dave Truitt, director of real estate at CAPNA. "Due to UBCD and United Bank providing the Capital Magnet funds for our project, we were able to close our gap in financing and...provide 56 units of safe, beautiful, and affordable housing for seniors in Moody."