United's Commitment to You
Bank Characteristics:
- 203 bank locations situated in the fastest-growing geographies in the Southeast
- 10-time winner of the J.D. Power award for Customer Satisfaction with Consumer Banking in the Southeast and #1 in Trust
- 15 Greenwich Excellence and Best Brand awards for outstanding performance in Middle Market and Small Business Banking, including national honors for Overall Satisfaction
- Named one of American Banker’s "Best Banks to Work For" for the seventh consecutive year
Strong Financial Profile1:
- Deposits: Strong, diverse, and granular deposit portfolio with an average account size of $34,000.
- Loans:Credit quality is strong, and our portfolio is well diversified. Disciplined focus on concentration risk with over 50 industry segment and relationship limits.
- Significant liquidity:We have a relatively low loan-to-deposit ratio and multiple sources of liquidity available to meet depositor needs.
- Capital levels: Our capital levels are generally above our peers and significantly higher than regulatory requirements for being well capitalized, and we continue to build capital through earnings. Specifically, our Common Equity Tier 1 ratio is 12.8%.
- Additional FDIC insurance options: We offer multiple ways to provide added assurance for customer deposits utilizing the Certificate of Deposit Account Registry Services (CDARS) and the Insured Cash Sweep (ICS) programs.
- Bond Ratings: We received positive recognition regarding our strength and stability. KBRA has affirmed our current bond ratings and our stable outlook. According to the report, the main reasons for the strong ratings and the stable outlook are:
- Our granular, low-cost deposit base
- More liquid balance sheet
- Stronger capital than peers
What should you do if you have additional questions?
We encourage you to reach out to your local United banker to ask any questions that you might have. You can also call us anytime at 1-800-UCBANK1 (1-800-822-2651).
- Reported as of June 30, 2024.