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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): AUGUST 21, 2007
UNITED BANCORP, INC.
(Exact name of registrant as specified in its charter)
OHIO 0-16540 34-1405357
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
201 SOUTH 4TH STREET, MARTINS FERRY, OHIO 43935-0010
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (740) 633-0445
(Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions:
[ ] Written communications pursuant to Rule 425 under the Securities Act
(17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act
(17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange
Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange
Act (17 CFR 240.13e-4(c))
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ITEM 5.02. DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF
DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY
ARRANGEMENTS OF CERTAIN OFFICERS.
Effective August 21, 2007, L. E. Richardson, Jr. retired from the Company's
Board of Directors in accordance with the mandatory retirement provisions
contained in the Company's governing documents. Mr. Richardson has been a valued
member of the Company's Board of Directors since 1998.
Effective August 21, 2007, the Board of Directors appointed Samuel J. Jones to
serve the remainder of Mr. Richardson's term, which will expire in 2008. Mr.
Jones resides in Glouster, Ohio and currently serves as a member of the Board of
Directors of The Citizens Savings Bank, the Company's wholly-owned commercial
bank subsidiary (the "Bank"). Mr. Jones currently participates in the director
deferred compensation plan available to members of both the Company's and the
Bank's Boards of Directors. It has not been determined at present which
Committees of the Company's Board of Directors, if any, that Mr. Jones will
serve upon.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto authorized.
Dated: August 23, 2007 UNITED BANCORP, INC.
/s/ Randall M. Greenwood
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Randall M. Greenwood
Senior Vice President and
Chief Financial Officer