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FUSB increases dividend for 20th straight year For 20 years now, investors in the parent company of First United Security Bank have received increased dividends. The United Security Bancshares Incorporated's Board of Directors declared a regular quarterly cash dividend of $0.27 per share at its regular meeting February 21, 2008, which represents a 3.8% increase over the regular dividend declared in the first quarter of 2007. This dividend increase makes the 20th consecutive year that USBI has increased its regular quarterly cash dividend.
The dividend is payable April 1, to shareholders of record at the close of business March 13. United Security Bancshares, Inc., a Delaware corporation, is a bank holding company with its principal offices in Thomasville. USBI operates a commercial banking subsidiary, First United Security Bank. The Bank has nineteen banking offices located in Brent, Bucksville, Butler, Calera, Centreville, Coffeeville, Columbiana, Fulton, Gilbertown, Grove Hill, Harpersville, Jackson, Thomasville, Tuscaloosa, and Woodstock, Alabama. Its market area includes Clarke, Choctaw, Bibb, Shelby, Tuscaloosa and portions of Marengo, Sumter, Washington, Wilcox, Chilton, Hale, Monroe, Perry and Jefferson Counties in Alabama, as well as Clarke, Lauderdale and Wayne Counties in Mississippi.
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