Jump to content

User:Elr81217/test

From Wikipedia, the free encyclopedia
The printable version is no longer supported and may have rendering errors. Please update your browser bookmarks and please use the default browser print function instead.

United Bank is a local bank that was first established in Zebulon, Georgia, United States. United Bank was originally founded as the Bank of Zebulon in 1905 and later, in 1986, took on the name that it still has today. Though it only had a few branches in its early days of business, United Bank now has over twenty one offices south of the Metro Atlanta area.[1] While many banks in Georgia, and all across the United States, have been failing throughout the difficult economic times in recent years past, United Bank has succeeded in expanding its business.

United Bank
GenreFinancial services
Founded1905
Headquarters
Zebulon, Georgia
,
Area served
Metro Atlanta Area
OwnerEdwards Family
Divisions23
Website[1]

History

In 1905, what is now known as United Bank was founded by a group of local business men from Zebulon, Georgia. In the middle of the Great Depression many banks were failing and losing hope that economic system of the United States would soon overcome this downfall. During this time, however, United Bank (then the Bank of Zebulon) became the 172nd bank in the nation to become a member of the Federal Deposit Insurance Corporation (FDIC) in 1935[2].

Milestones

United Bank experienced many events that developed it in to the bank it has become today. In 1972, Lamar State Bank of Barnesville, Georgia was established[3]. This was one of the first new branches taken on by what was later the United Bank Corporation and just the beginning of the bank's expansion. By 1981, United Bank Corporation was formed as a holding company for its additional banks and branches[4] . At this point, the only banks included in this were the Bank of Zebulon and Lamar State Bank. In the mid 1980’s the banks owned by the United Bank Corporation changed their names to United Bank and the mortgage division of United Bank was established[5] . By 1990, United Bank began to expand even more with its purchase of First Federal Bank in Griffin, Georgia[6] . Throughout the mid 1990’s, United Bank continued to expand and provide more services to its customers such as bank branches within grocery stores and a local call center that provided full customer service over the phone. In 1997 United Bank provided a division of the bank for investment management and also acquired the offices in Thomaston, Georgia of NationsBank, N.A. In 2004, United Bank continued to expand and opened an additional branch in the historic district of Madison, Georgia[7] . The opening of this division expanded the amount of customers that banked with United Bank. By 2007, two additional branches were opened bringing United Bank in to the Covington, Georgia area. In the next two years, United Bank acquired the deposits of First Georgia Community Bank in Jackson and Locust Grove and also First Coweta Bank creating new United Bank branches in Newnan, Hogansville, and Whitesburg, Georgia. At the start of 2010, United Bank joined the Presto! Network, which allows unlimited and free ATM transactions at over one thousand Publix Supermarket stores. At the end of 2010, an additional branch of United Bank had been opened in Griffin, Georgia. The deposits of First National Bank of Barnesville were also assumed by United Bank, which brought in additional business. This year, a new office was added in the Covington area[8] .






References

  1. ^ "Our Story." United Bank Corporation. 2011. http://www.accessunited.com/about/aboutus.asp
  2. ^ "The Story of United Bank". Web. Retrieved 28 September 2011.
  3. ^ "A Tradition of Service to Our Customers and Communities". Web. United Bank Corporation. Retrieved 28 September 2011.
  4. ^ "A Tradition of Service to Our Customers and Communities". Web. Retrieved 29 September 2011.
  5. ^ "A Tradition of Service to Our Customers and Communities". Web. Retrieved 28 September 2011.
  6. ^ "A Tradition of Service to Our Customers and Communities". Web. Retrieved 28 September 2011.
  7. ^ "A Tradition of Service to Our Customers and Communities". Web. Retrieved 28 September 2011.
  8. ^ "A Tradition of Service to Our Customers and Communities". Web. Retrieved 28 September 2011.