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FORM 8-K
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K
CURRENT REPORT
[X] PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES
EXCHANGE ACT OF 1934
Date of Report: SEPTEMBER 28, 1999
UNITED BANCORP, INC.
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(Exact name of registrant as specified in its charter.)
Commission File Number: 0-16540
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OHIO 34-1405357
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(State or other jurisdiction of (IRS Employer
incorporation or organization) Identification No.)
201 SOUTH 4TH STREET, MARTINS FERRY, OHIO 43935-0010
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(Address of principal executive offices) (Zip Code)
(740) 633-0445
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(Registrant's telephone number, including area code)
NOT APPLICABLE
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(Former name, former address and former fiscal year, if changed since last
report)
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United Bancorp, Inc.
Form 8-K
Item 1. Changes in Control of Registrant.
Not applicable.
Item 2. Acquisition or Disposition of Assets.
Not applicable.
Item 3. Bankruptcy or Receivership.
Not applicable.
Item 4. Changes in Registrant's Certifying Accountant.
Not applicable.
Item 5. Other Events.
c) Exhibits
99.1 - Press Release dated September 15, 1999,
regarding reappointment of James W. Everson
as Chairman, President, & Chief Executive
Officer of the Citizens Savings Bank.
Item 6. Resignations of Registrant's Directors.
Not applicable.
Item 7. Financial Statements and Exhibits.
Not applicable.
Item 8. Change in Fiscal Year.
Not applicable.
Item 9. Sales of Equity Securities Pursuant to Regulation S.
Not applicable.
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United Bancorp, Inc.
Form 8-K
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the Registrant has duly caused this report to be signed on its behalf
by the undersigned thereunto duly authorized.
September 28, 1999 By: /s/ James W. Everson
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Date James W. Everson
Chairman, President & Chief Executive
Officer
September 28, 1999 By: /s/ Randall M. Greenwood
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Date Randall M. Greenwood
Chief Financial Officer
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Exhibit Index
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<TABLE>
<CAPTION>
Exhibit No. Description
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<S> <C>
99.1 Press Release
</TABLE>
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United Bancorp, Inc.
Form 8-K
EXHIBIT 99.1
PRESS RELEASE
THE CITIZENS SAVINGS BANK
201 South 4th at Hickory Street, Martins Ferry, OH 43935
Contact: James W. Everson
Chairman, President and CEO
Phone: (740) 633-0445 Ext. 120 [email protected]
FOR IMMEDIATE RELEASE: September 15, 1999
SUBJECT: JAMES W. EVERSON REAPPOINTED CHAIRMAN, PRESIDENT, AND CHIEF EXECUTIVE
OFFICER OF THE CITIZENS SAVINGS BANK
MARTINS FERRY, OHIO --- The Board of Directors of The Citizens Savings Bank,
Martins Ferry, Ohio has reappointed James W. Everson as Chairman, President, and
Chief Executive Officer of The Citizens Savings Bank to fill the vacancy created
by the untimely death of Harold W. Price. Everson, who also serves in the same
capacity for United Bancorp, Inc., Martins Ferry, Ohio began his banking career
with The Citizens Savings Bank as a student employee in 1959 and was originally
appointed the Bank's President and Chief Executive Officer in January of 1973.
Everson held this position until April of this year at which time The
Citizens-State Bank of Strasburg,Ohio under the leadership of Harold Price was
consolidated into The Citizens Savings Bank.
Everson stated, "Our entire bank family is devastated by the unexpected death of
Harold Price. Harold was a full service banker who brought his own unique style
to the management of his people and the service of his customers. He will be
very much missed, long remembered and always respected. Our thoughts and our
prayers are with his family."
The Citizens Savings Bank is an affiliate of United Bancorp, Inc., which is
headquartered in Martins Ferry, and is a multi-bank holding company with total
assets of approximately $288 million and total shareholder equity of
approximately $26.0 million as of June 30, 1999. Affiliates of UBCP include The
Citizens Savings Bank and The Community Bank, Lancaster, Ohio with fourteen
banking offices, one Loan Production Office and an Operations Center located in
Ohio serving Athens, Belmont, Carroll, Fairfield, Harrison, Hocking and
Tuscarawas Counties. The Company trades on The Nasdaq SmallCap Market tier of
the Nasdaq Stock Market under the symbol UBCP, Cusip #90991109.
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