Safe, Sound and Secure.
Due to the recent headlines, we wanted to take a moment to assure you that United Business Bank continues to be safe, sound and secure.
As mentioned in our press release, the cornerstone of United Business Bank's business model is diversification: diversification of the markets we serve, diversification of the loan products we offer, diversification in our investment portfolio, diversification of the client profiles we bank and diversification of our revenue sources.
We employ a community bank strategy by way of gathering in-market deposits and lending to local clients and businesses in a conservative manner. Our capital remains well above the regulatory threshold for well-capitalized banks, and our liquidity position remains strong.
We continue to process transactions, open new accounts, and fund loans to fully serve the needs of our clients. We continue to offer specialized deposit products that are designed to increase your protection from an FDIC Insurance perspective, and we welcome the opportunity to discuss these products with you.
We truly appreciate your business, and we are here ready to serve and assist with your banking needs.
For more information, please contact your account officer, or our Support Center at 855.476.BANK (2265).