United Security Bancshares.
UBFO.US | Other monetary intermediation
United Security Bancshares, Inc. operates as the bank holding company for United Security Bank that provides commercial banking services to individuals, small businesses, and corporations in California. It offers various deposit products, including checking, savings, and money market accounts, as we...Show More
Better Health for All
0
No evidence available to assess United Security Bancshares on Better Health for All.
Fair Money & Economic Opportunity
0
No evidence available to assess United Security Bancshares on Fair Money & Economic Opportunity.
Fair Pay & Worker Respect
-40
The company's employees are not represented by a collective bargaining unit, indicating 0% collective bargaining coverage.
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Employee reviews on Glassdoor show an overall rating of 3.0 out of 5 stars, with 13% of employees recommending the company to a friend and 17% approving of the CEO.
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On Indeed, the overall rating is 3.4 out of 5 stars.
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The company states it provides a comprehensive benefits package including paid time off, sick time, and participation in company-paid or subsidized medical, dental, term-life, accidental death and dismemberment, long-term disability insurance, and employee assistance programs.
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However, the percentage of the workforce covered by employer-funded health insurance is not specified.
Fair Trade & Ethical Sourcing
0
United Security Bancshares operates as a bank holding company providing commercial banking services.
1
Its core business does not involve the procurement or trading of physical commodities, which are the focus of the 'Fair Trade & Ethical Sourcing' value.
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Therefore, KPIs related to fair-trade certifications, supply-chain audits, forced/child labor incidents, traceability, remediation of sourcing violations, ethical sourcing clauses in contracts, and high-risk materials are not applicable to its primary operations.
Honest & Fair Business
-10
United Security Bank has a whistleblower policy, revised on May 17, 2019, which allows complaints via written submission to the Audit Committee Representative or through Lighthouse Services (e-mail, fax, phone, or web) for confidential reports.
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The policy requires discipline for retaliation against whistleblowers and is designed to comply with the Sarbanes-Oxley Act.
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The company’s “Clawback Policy” details procedures for recovering incentive-based compensation if an accounting restatement is required due to material noncompliance with financial reporting requirements.
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The Audit Committee approved 100% of all professional services rendered by Moss Adams LLP during the 2024 and 2023 fiscal years.
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The Board of Directors has determined that eight of its ten current directors are “independent” as defined by NASDAQ listing standards.
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The company mentions the USA PATRIOT Act and the Anti-Money Laundering Act of 2020, which require policies and procedures regarding anti-money laundering, compliance, and due diligence.
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External third-party penetration testing and internal vulnerability assessments are conducted annually.
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Kind to Animals
0
No specific, concrete data points or facts were found in the provided articles regarding UBFO.US's performance on any of the 'Kind to Animals' KPIs.
1
The company operates as a bank, and its core business activities (financial services, loans) do not directly involve animal products, animal testing, animal agriculture, or direct habitat impact in the manner typically assessed by these KPIs. The articles either focused on general banking practices in other regions or provided ESG information without details on animal welfare metrics for UBFO.US.
No War, No Weapons
0
No evidence available to assess United Security Bancshares on No War, No Weapons.
Planet-Friendly Business
0
No specific, quantitative data points related to any of the Planet-Friendly Business KPIs were found in the provided articles. The articles explicitly state 'No data reported' or 'No information provided' for all relevant environmental metrics, including emissions, renewable energy use, water consumption, waste diversion, and climate targets.
1
Therefore, no KPIs can be scored based on the available evidence.
Respect for Cultures & Communities
0
No data was available from the provided article to assess the company against the specified KPIs for Respect for Cultures & Communities, as the request to access the SEC filing was throttled, preventing data extraction.
1
Safe & Smart Tech
-30
United Security Bancshares has experienced multiple data breaches. In 2011, hackers stole $3,450,670, though the actual loss was limited to $299,600 after recovery
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. A more recent breach in 2023 involved unauthorized access to customer data through a third-party software, with sensitive information like names and bank account numbers compromised
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. Another breach affected 83,425 individuals with a five-month notification delay
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. The company filed notices with the Massachusetts and Maine Attorneys General regarding these incidents
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,
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. However, the company has also taken steps to address vulnerabilities, including patching software after discovery
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. There is no available information regarding AI ethics, algorithmic transparency, or digital rights advocacy. Given the breaches and the remediation efforts, a moderately negative score is appropriate. There is insufficient evidence to assess cybersecurity investment, privacy certifications, or security training effectiveness. The score reflects the company's mixed record of security incidents and reactive measures.
Zero Waste & Sustainable Products
0
No specific, concrete data points regarding UBFO.US's waste management, product sustainability, or related initiatives were found in the provided articles.
1
All articles explicitly state that they are placeholders or contain no relevant information for the 'Zero Waste & Sustainable Products' value.
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