| United Security Bancshares | |
| Type: | Public |
| Traded As: | NASDAQ: Russell 2000 Index component |
| Industry: | Banking |
| Location: | Fresno, California |
| Key People: | [1] |
| Revenue: | $0.033 billion (2016) |
| Net Income: | $0.007 billion (2016) |
| Assets: | $0.787 billion (2016) |
| Equity: | $0.096 billion (2016) |
| Num Employees: | 132 |
United Security Bancshares is a bank holding company headquartered in Fresno, California. It operates 11 branches.[1]
United Security Bank was formed on December 21, 1987.[1]
In March 2001, the bank became a subsidiary of United Security Bancshares, a bank holding company.[1]
In June 2009, the bank entered into an agreement with the Federal Reserve Bank of San Francisco as a result of its level of non-performing assets.[2] [3]
In 2014, the bank settled a dispute with TRC Operating Company over fraudulent wire transfers for $350,000. The authentication credentials for TRCs account had been compromised which allowed hackers to transfer the money.[4]