United Bank Awarded $9 Million Capital Magnet Fund Award by US Department of Treasury

October 13, 2023

ATMORE, Ala., Oct. 13, 2023 /PRNewswire/ — (OTCQX:UBAB) -United Bank announced today the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) has awarded it a $9 million Capital Magnet Fund award for 2023, the fourth such award received since 2017. The award reflects United Bank’s commitment to bringing badly needed affordable housing to communities across Alabama, Florida, and surrounding states.

Read more at prnewswire.com

Related news for (UBAB)

NASDAQ and NYSE quotes and data are delayed 15 minutes unless indicated otherwise. Market data and exchange information are provided for informational purposes only and is not intended for trading purposes. Neither 24/7 Market News Editors, 247 Market News, or data and content providers shall be liable for any errors or omissions, delays, misquotes or other market information relayed in any press materials. You should Use Realtime data to conduct due diligence before investing or trading, and trading in any stock is risky you could lose all your money.