United Security Bancshares Inc. and First United Security Bank Appoints A. J. "Lonnie" Strickland, III as New Director
March 01, 2013 at 05:27 pm EST
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United Security Bancshares Inc. announced that A. J. "Lonnie" Strickland, III was elected as a Director of United Security Bancshares Inc. and its subsidiary, First United Security Bank, by the Board of Directors at a meeting held on February 28, 2013. Dr. Strickland was also appointed to serve on the Audit Committee of the company and the Bank and on the Asset/Liability Committee of the Bank. Dr. Strickland is the John R. Miller Professor of Strategic Management in the Graduate School of Business at the University of Alabama, a position he has held since 1969.
He is also a director of American Equity Investment Life Holding Company and Twenty Services Inc., and a former director of Statesman.
First US Bancshares, Inc. is a bank holding company. The Company operates one banking subsidiary, First US Bank, an Alabama banking corporation (the Bank). The Bank conducts a general commercial banking business and offers banking services, such as demand, savings, individual retirement account and time deposits, personal and commercial loans, safe deposit box services and remote deposit capture. The Bank provides a range of commercial banking services to small-and medium-sized businesses, property managers, business executives, professionals and other individuals. The Bank also performs indirect lending through third-party retailers and conducts this lending in 17 states, including Alabama, Arkansas, Florida, Georgia, Indiana, Kansas, Kentucky, and others. It operates and serves its customers through 15 full-service banking offices located in Birmingham, Butler, Calera, Centreville, and others. It also has loan production offices in Mobile, Alabama and the Chattanooga, Tennessee area.