United Community Bank opened in 1998 to fill a perceived need for a local community bank in Ascension Parish. The would-be founders couldn’t raise enough money locally, so the Callais family, majority shareholders of Raceland-based Community Bank, stepped in and became majority shareholders of the new bank. In 2008, UCB Chief Executive Paul Callais was
Merger flurry: Regulations spark a wave of consolidations among smaller banks
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