The Bank Slate

INSIGHTS INTO THE BANKING INDUSTRY

United Bancorp. in Alabama announces CEO retirement

The CEO of United Bancorp. in Atmore, Ala., has retired.

The $949 million-asset company said in a press release Wednesday that Bob Jones, 69, also retired as president, effective July 2. He had been the company’s president and CEO since 1992.

David Swift, the company’s chairman, will serve as interim CEO. Mike Vincent, United’s chief credit officer, was named interim president.

Gwen Braden was named chief operating officer of United Bank, returning to a post she held from 2013 to January 2021. She had spent recent months serving as a consultant to the bank.

“This is a great time for United Bank especially because we have the opportunity to advance superb talent from within the company,” Swift said in the release.

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