OAKLAND, Calif. -- (Business Wire)
First ULB Corp. (OTCQX:FUBP), parent company of United Business Bank,
today announced that its Board of Directors has approved a change in
First ULB Corp.’s fiscal year end from September 30 to December 31. The
change in fiscal year end from September 30 to December 31 is being made
to better align First ULB Corp. and its subsidiary bank, United Business
Bank, with other financial institutions' reporting calendars.
First ULB Corp. is also announcing a change in management. Mr. Kelly
Wong has resigned his position as President of First ULB Corp. and will
remain on the Board of Directors of the Company. Mr. Malcolm Hotchkiss,
Chairman and CEO of First ULB Corp. will assume the duties of President.
Ms. Jeanette Reynolds has been appointed as Chief Financial Officer and
Corporate Secretary of First ULB Corp. Ms. Reynolds currently serves as
Chief Financial Officer of United Business Bank.
About United Business Bank
United Business Bank is a community bank headquartered in Oakland,
California, with total assets of $400 million. Our branch offices are
located in Northern and Southern California, Seattle, Washington and
Albuquerque, New Mexico. We are a community bank that brings labor and
business together. For more information visit www.unitedbusinessbank.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160729005073/en/
Contacts:
First ULB Corp.
Malcolm Hotchkiss, 510-567-6910
Source: First ULB Corp.
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