Bank holding companies in Alabama and Pennsylvania have changed or plan to change their names to more closely reflect the identities of their banks.
The $601 million-asset United Security Bancshares in Thomasville, Ala., on Tuesday rebranded to First US Bancshares, according to a news release. The company's bank changed its name in December 2014 to First US Bank from First United Security Bank. First US Bancshares has also adopted a new ticker symbol, FUSB.
First US Bank was founded in 1952 as Bank of Thomasville and operates 19 branches in central and south Alabama.
Separately, the $1.1 billion-asset First National Community Bancorp in Dunmore, Pa., will change its name to FNCB Bancorp, effective Oct. 17. The company's bank subsidiary on June 30 changed its name to FNCB Bank from First National Bank of Dunmore. FNCB Bank, established in 1910, operates 20 branches in the Scranton and Wilkes-Barre area of eastern Pennsylvania.
