UNITED SECURITY BANCSHARES (NASDAQ:UBFO) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

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UNITED SECURITY BANCSHARES (NASDAQ:UBFO) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02 (d) Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers; Compensatory Arrangements of Certain Officers.

On December 15, 2016, the Board of Directors of United Security Bancshares (the “Company”) and United Security Bank (the “Bank”) appointed Susan “Sue” Quigley as director of the Company and Bank subject to Ms. Quigley receiving approval from Deloitte & Touche LLP. Ms. Quigley received approval and accepted the appointment on January 4, 2017, and will commence service on the Board effective immediately.
There are no arrangements or understandings between Ms. Quigley and any other persons to which she was selected as a director.
Ms. Quigley retired as Firm Managing Director from public accounting firm Deloitte & Touche LLP in 2010.
It is expected that Ms. Quigley will be appointed to the Company’s Corporate Governance and Nominating Committee and Audit Committee.

About UNITED SECURITY BANCSHARES (NASDAQ:UBFO)

United Security Bancshares is the bank holding company for United Security Bank (the Bank). The Bank is a California state-chartered bank. The Bank operates in the segment of providing banking services to commercial establishments and individuals primarily in the San Joaquin Valley of California. The Bank offers a range of services for commercial customers and account holders, including online banking, mobile banking, safe deposit boxes, automated teller machine (ATM) services, payroll direct deposit, cashier’s checks, traveler’s checks, money orders and foreign drafts. The Bank offers a range of financial services, including wealth management, employee benefit, insurance and loan products, as well as consulting services. It offers a range of deposit instruments, including personal and business checking accounts and savings accounts, interest-bearing negotiable order of withdrawal (NOW) accounts, money market accounts and time certificates of deposit.

UNITED SECURITY BANCSHARES (NASDAQ:UBFO) Recent Trading Information

UNITED SECURITY BANCSHARES (NASDAQ:UBFO) closed its last trading session down -0.04 at 7.65 with 1,402 shares trading hands.