Home 2024-05-02T13:41:57+00:00
It has come to our attention that some people in our area have received fraudulent phone calls from spam numbers posing as ‘UB Development’ with a message offering a program for senior citizens to pay utility and power bills. THESE CALLS ARE NOT FROM UNITED BANK. Please do not answer these calls or give out any personal information. If you have any questions, please contact United Bank at 800-423-7026. We apologize for any inconvenience.

Success Stories

Here are a couple of our latest community projects we’ve participated in facilitating. We utilize New Markets Tax Credits, Community Facilities Lending and Community Housing Capital funds to finance projects related to education, healthcare, manufacturing, hospitality, non-profits, community centers, affordable housing and more.

Building A Better Tomorrow

UB Community Development (UBCD) is a subsidiary of United Bancorporation of Alabama and community development partner of United Bank. We have a strong history and experience providing funding for small businesses who need to expand to grow. Using New Markets Tax Credit and Capital Magnet Fund transactions, we are able to help small businesses thrive in rural communities. These lending products coupled with our passion for improving the communities around us makes UB Community Development a premier financial partner for rural economic development and community support.

Lending Options

UB Community Development’s initiatives are directed to improve the social and economic conditions in our communities. Our lending options include Community Facilities Lending, New Markets Tax Credit, Community Housing Capital, and Loan & Investment Funds.

Types of Projects Funded

UB Community Development projects are having a big economic impact in the Southeast and beyond. Projects funded by New Markets Tax Credit, Community Housing Capital, and Community Facilities Lending Programs include multi-family community housing, municipal facilities, healthcare facilities, rural water systems, non-profit facilities, and community facilities such as farmers markets and volunteer fire departments.


Does Your Project Qualify?

UBCD’s New Markets Tax Credit program options provide funding solutions for community development projects located in qualifying census tracts. To see if your project qualifies or to learn more about the designated qualifying census tracts, click the button below.


United Bank Logo

Sign up to get periodic emails packed with project success stories, press releases, and other exciting company news.

By submitting this form, you are consenting to receive marketing emails from: . You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact