Dear Shareholders and Friends:

We are delighted to share with you our commitment to provide dynamic financial services to this Greater Philadelphia Region through collaborative relationships that continue to stimulate economic growth and development.

We are immensely proud of the leadership role this Bank has taken to ensure that access to capital is made available to small businesses, non-profits and faith-based organizations in particular. We recognize the roles these entities play in ensuring job creation and neighborhood re-vitalization which are key components to community stabilization.

Corporations are another crucial piece in the United Bank’s puzzle for economic vitality. Increased deposits are being sought from this sector to increase the flow of dollars available for the us to lend. We applaud those corporations that have demonstrated their commitment to financial inclusion by becoming United Bank of Philadelphia customers.

As you review this report, we trust that you will gain keener insights as to how we are putting it all together to build stronger communities through leadership, collaboration, and innovation. We ask that each of you join us to ensure that is resonated throughout the region thus strengthening families, businesses and communities.

Evelyn F. Smalls
President/CEO