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UB Community Development

UB Community Development

Overview

UB Community Development is a community development financial institution (CDFI) and a subsidiary of United Bancorporation of Alabama, Inc., that provides funding solutions for economic and community development in rural and low-income areas, primarily in the Southeast.

Year Founded

2016

Portfolio Companies

2

Investments

UB Community Development investments
CompanyDateStageLead
American Cast Iron Pipe CompanyJun 2026Corporate FundingCo-investor
Pursell Agri-TechOct 2017DebtCo-investor

Key People

Joseph Raines

Managing Director, Community Housing

Jeff Keenum

Vice President And Director

Sector & Stage Mix

Industry, funding stage, and valuation band breakdowns.

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SeedSeries ASeries BGrowth

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Investment Activity

Yearly cadence, pace, and funding raised over time.

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2021
2022
2023
2024
2025
2026

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FAQ

Firmographic Details

HeadquartersAtmore, Alabama
Year Founded2016

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