United Bancorporation of Alabama merges United Bank with Town-Country United Bank
September 5, 2024
United Bancorporation of Alabama, Inc. announced that its banking subsidiaries Town-Country United Bank and United Bank will merge effective October 1, 2024, with United Bank as the surviving entity. After completion, United Bank will have approximately $1.3 billion in assets and operate 19 full-service branches plus four loan production and support offices across Alabama and the panhandle of Florida.
- Buyers
- United Bancorporation of Alabama, Inc.
- Targets
- Town-Country United Bank
- Industry
- Financial Services
- Location
- Alabama, United States
- Transaction Type
- Divestiture
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