United Community Bank IL

Name

United Community Bank IL

Legal name

United Community Bank

Website

https://ucbbank.com

Company type

Private

Founded year

1907

Operating status

Operating

Headcount range

501–1,000 employees

Ownership category

akta.pro rank

Product category

Community Banking

NAICS

Commercial Banking (52211), Depository Credit Intermediation (5221)

SIC

State Commercial Banks (6022)

akta.pro primary industry

Mass-Market Consumer Deposit Banking (Checking/Savings) (FSABAAAA)

akta.pro secondary industry

Real Estate (Commercial Property, REITs) (FSABACAH)

Keywords

• Community banking
• Retail banking services
• Commercial lending
• Agricultural finance
• Wealth management

Headquarters

HQ city

Chatham

HQ country

United States

HQ region

North America

Offices7 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales, Others

Revenue model

1. Net Interest Income: Interest income from lending activities including personal loans, mortgages, home equity loans, commercial loans, and agricultural financing. Funded by customer deposits (checking, savings, CDs, IRAs).
2. Banking Fees and Service Charges: Fees from deposit accounts, overdraft protection programs, wire transfers, and other banking services.
3. Wealth Management Revenue: Investment services revenue generated through referral arrangements with Raymond James Financial Services advisors at select Illinois locations.
4. Insurance Products: Insurance products (auto, home, life, business, farm, crop) offered through United Financial Services independent agency representing multiple carriers.
5. Merchant Services: Payment processing services for business customers including traditional terminals, e-commerce, and Clover POS solutions.
6. Trust Services: Fiduciary services including trustee, executor, estate planning, farm management, and investment management for individuals, families, businesses, and institutions.

Pricing tiers

Go-to-market motion1 record

Distribution channels6 records

Marketing channels6 records

Core offering

United Community Bank operates as a multi-brand community bank holding company offering full-service personal and business banking, including deposit accounts, consumer and commercial loans, mortgages, digital banking, credit cards, merchant services, wealth management through Raymond James Financial Services, trust and estate services, and insurance products. Its offerings are delivered through 35 branch communities across Central Illinois, Northeast Missouri, and Southwest Florida, supported by online and mobile banking channels.

Product overview

United Community Bank IL operates as a multi-channel community bank offering a comprehensive suite of banking and financial services. The bank's core offerings span personal banking (deposit accounts, loans, credit cards), business banking (cash management, merchant services, commercial loans), and wealth management (trust services, investment services through Raymond James partnership, and insurance through United Financial Services). The digital banking platform provides online and mobile access with integrated features including Zelle P2P payments, mobile deposit, and card controls. The United Wealth division unifies trust and investment services for comprehensive wealth management.

Differentiator

Problem solved

Functional benefit

Brands

• UCB Mobile Banking: Mobile banking application for customers
• Guardian Checking
• Everyday Points
• United Wealth

Products and services

• Personal Deposit Accounts Checking, savings, CDs, IRAs, and Health Savings Accounts for individual consumers to manage personal finances and deposits.
• Personal Loans Personal loans, vehicle loans, boat and RV financing, and ATV and personal watercraft loans for consumer borrowing needs.
• Home Loans Mortgage products including first-time homebuyer programs, fixed and adjustable rate mortgages, VA loans, construction loans, refinancing, and home equity options.
• Credit Cards Everyday Points Visa and Visa Classic credit cards with rewards programs and cash back redemption options for consumer borrowing and spending.
• Business Checking & Cash Management Business checking accounts with online banking, cash management, Positive Pay, Remote Deposit Capture, and business debit cards for small and mid-sized businesses.
• Merchant Services Payment processing solutions including traditional terminals, e-commerce, and Clover POS systems for business customers.
• Business Loans Small business loans, commercial loans and lines of credit, agriculture financing, and physician and professional services loans for business borrowers.
• United Wealth Comprehensive wealth management platform combining Trust Services and Investment Services for individuals, families, businesses, and institutions, delivered via Raymond James Financial Services partnership.
• Trust Services Personal and business trust services including estate planning, living trusts, special needs trusts, guardianship, charitable giving, and farm management.
• Investment Services Retirement planning, college planning, financial planning, asset management, and institutional investment management provided through Raymond James Financial Services partnership.
• United Financial Services (Insurance) Insurance subsidiary offering automotive, homeowners, rental, life, business, and farm/crop insurance products through an independent agency representing multiple carriers.
• Guardian Checking Premium checking account with enhanced protection benefits and valuable family and financial safeguards.
• ICS & CDARS Insured Cash Sweep and Certificate of Deposit Account Registry Service for multi-bank deposit coverage exceeding FDIC limits for business customers.

Quantifiable outcome

• 35 communities served across three states
• +1 more outcomes

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

Feature8 records

Partnerships

One partnership is on record.

• Raymond James Financial ServicescoreGTM or Marketing PartnerSecurities offered through Raymond James Financial Services, Inc., member FINRA/SIPC. Raymond James advisors located at United Community Bank branches in Carthage, Mt. Sterling, Quincy, and Springfield, Illinois provide investment services under United Wealth brand. Investment advisory services offered through Raymond James Financial Services Advisors, Inc. Securities not FDIC insured, not deposits, and may lose value.

Scale indicators5 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• QCR Holdings: Midwest community bank holding company operating multiple bank charters (Quad City Bank, Springfield First Community Bank, etc.) with similar consumer/commercial banking and wealth management focus in markets overlapping with UCB's Illinois footprint.
• Lakeland Financial Corporation: Indiana-based community bank holding company (Lake City Bank) with similar full-service community banking, commercial/agricultural lending, and wealth management offerings — comparable scale and operating model.
• First Mid-Illinois Bancshares: Illinois-based community bank holding company of similar size, serving consumer and commercial banking markets across Central Illinois with comparable deposit-taking, lending, and wealth management offerings.
• Heartland Financial USA: Multi-state community bank holding company operating under several brand names across the Midwest, Southwest, and Western US — closely mirroring UCB's multi-brand community banking model with diversified lending, wealth, and treasury services.
• West Bancorporation: Iowa-based community bank holding company with a comparable mix of consumer, commercial, and ag lending plus treasury and wealth management — a similarly sized Midwest community bank with strong credit ratings.
• Stock Yards Bancorp: Kentucky/Indiana community bank holding company with comparable scale, similar mix of consumer/SMB lending, wealth management, and treasury services, and a strong reputation for credit quality.
• Farmers National Banc Corp: Ohio-based community bank with similar agricultural lending expertise and full-service community banking model — a directly comparable regional bank with overlapping ag-banking focus.
• CNB Financial Corporation: Pennsylvania-based community bank holding company with similar consumer/commercial banking, wealth management, and insurance offerings — comparable mid-Atlantic community bank holding structure.
• Independents Bank (Independent Bank Corporation): Michigan-based community bank holding company operating under multiple banners with similar mix of consumer/commercial lending, deposit gathering, and wealth services — a comparable mid-sized regional holding company structure.

Broad incumbents

• JPMorgan Chase (community banking division): Largest US bank with a national branch network and full digital banking platform (mobile app, Zelle, mobile deposit, etc.) that competes with UCB for consumer deposits and small business banking in UCB's geographies.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/ucbbank
• Facebookfacebook.com/united-community-bank-7399314431
• LinkedInlinkedin.com/company/united-community-bank-il

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about United Community Bank IL