UB Community Development, LLC Awarded $55M in New Market Tax Credits For Immediate Release February 14, 2018 Atmore, AL- UB Community Development, LLC (UBCD), a community development partner of United Bank, announced today the company has been awarded an allocation of $55M in New Market Tax Credits (NMTC). Through the NMTC program, the CDFI Fund allocates [...]
UB Community Development, LLC Announces Creation of New $7 Million Loan Fund to Spark Small Business Growth and Economic Development For Immediate Release February 9, 2018 Atmore, AL- UB Community Development, LLC (UBCD) President, Alex Jones, announced today the creation of a new $7 million New Market Tax Credit (NMTC) loan pool following the [...]
UB Community Development LLC (UBCD) Announces Funding for Buc-ee’s Store in Baldwin County For Immediate Release January 3, 2018 Baldwin Co., AL- UB Community Development, LLC (UBCD), a community development partner of United Bank, announced today that it has closed a $7 Million New Market Tax Credits transaction with Buc-ee’s, Ltd., a Texas high-end convenience store operator. Buc-ee’s announced [...]
Dear Congress: Don't lose New Markets credit in tax reform deal "NMTC is the source of many happy endings in economically fragile communities. “Everyone wins,” said Bob Jones, whose United Bank financed Monroe County Hospital with NMTC. “Not only does the project create 21 new jobs in a town of 6,100, but the 33,000 [...]
United Bank President and CEO Bob Jones Elected Chairman of Community Development Bankers Association For Immediate Release June 13, 2017 Atmore, Ala – United Bank announced today their President and CEO, Bob Jones, has recently been elected to serve as chairman of the Community Development Bankers Association. The Community Development Bankers Association (CDBA) is the [...]
United Bank President and CEO Bob Jones Appointed Member of the Community Development Advisory Board For Immediate Release October 3, 2017 Atmore, Ala – United Bank announced today their President and CEO, Bob Jones, has recently been appointed by President Donald J. Trump to serve on the Community Development Advisory Board of the U.S. Department [...]
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