United Community Banks UCB Bank Owned Life Insurance

Bank Owned Life Insurance at other companies

BankUnitedBKU

$315.85M+7.1%

UBS

United BanksharesUBSI

$558.03M+3.1%

First UnitedFUNC

$50.5M+1.7%

Northwest BancsharesNWBI

$293.35M+14.7%

CVB FinancialCVBF

$415.12M+29.5%

Center BancorpCNOB

$373.66M+52.7%

FAQ

What is United Community Banks's bank owned life insurance?

United Community Banks (UCB) reported bank owned life insurance of $367.51M in Q2 2026.

How has United Community Banks's bank owned life insurance changed year-over-year?

United Community Banks's bank owned life insurance increased by 1.5% year-over-year, from $362.2M to $367.51M.

What is the long-term trend for United Community Banks's bank owned life insurance?

Over 5 years (2020 to 2025), United Community Banks's bank owned life insurance has grown at a 12.5% compound annual growth rate (CAGR), from $201.97M to $364.18M.

What does bank owned life insurance mean?

This represents the cash surrender value of life insurance policies purchased by the bank on the lives of its officers and employees. The bank acts as the beneficiary, using these policies as a tax-advantaged vehicle to offset the costs of employee benefit plans. It serves as a stable, long-term asset that provides supplemental income to support institutional financial goals.