May 24, 2010 (FinancialWire) — United Security Bancshares, Inc.’s (NASDAQ: USBI) board of directors has declared a quarterly cash dividend of $0.11 per share.  The dividend is payable July 1, 2010, to shareholders of record on June 11, 2010.  

Alabama-based United Security Bancshares is a bank holding company that operates nineteen banking offices in Alabama through First United Security Bank.

The company's operations also include Acceptance Loan Co., Inc., a consumer loan company, and FUSB Reinsurance, Inc., an underwriter of credit life and credit accident and health insurance policies sold to the Bank's and ALC's consumer loan customers.  

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