United Bancshares in Ohio Says CFO to Resign

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United Bancshares in Columbus Grove, Ohio, said its chief financial officer has decided to resign.

Diana Engelhardt will leave the $629 million-asset company on Sept. 4. Engelhardt's decision "was not due to any dispute or disagreement with the company or the bank on any matter relating to operations, policies, practices or accounting principles," United said in a regulatory filing.

Engelhardt will step down as CFO of both United Bancshares and its primary subsidiary, Union Bank Co. United did not disclose its plans to find her successor.

Engelhardt, whose was listed as 58 years old on United's March 18 proxy statement, had been CFO since August 2012.

Andy Peters

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