Exhibit 99.1

United Bancorp, Inc.

P. O. BOX 10 • MARTINS FERRY, OHIO 43935 • Phone: 740/633-BANK                Fax:740/633-1448

We are United to Better Serve You

PRESS RELEASE

United Bancorp, Inc.

201 South 4th at Hickory Street, Martins Ferry, OH 43935

Contact:	James W. Everson	Randall M. Greenwood
	Chairman, President and CEO	Senior Vice President, CFO and Treasurer
Phone:	(740) 633-0445 Ext. 6120	(740) 633-0445 Ext. 6181
	ceo@unitedbancorp.com	cfo@unitedbancorp.com

FOR IMMEDIATE RELEASE:     12:00 PM July 29, 2010

Subject:     United Bancorp, Inc. Reports an 4.3% Increase in Earnings for the Quarter Ended June 30, 2010

MARTINS FERRY, OHIO ¨¨¨ United Bancorp, Inc. (NASDAQ: UBCP), headquartered in Martins Ferry, Ohio reported net earnings of $701,000 for the quarter ended June 30, 2010, compared to $672,000 for the quarter ended June 30, 2009, an increase of 4.3%. On a per share basis, the Company’s diluted earnings were unchanged at $0.15 for three months ended June 30, 2010, as compared to the three months ended June 30, 2009. For the six months ended June 30, 2010 the Company reported net earnings of $1,384,000, compared to $1,473,000 for the six months ended June 30, 2009, a decrease of 6.0%. On a per share basis, the Company’s six months diluted earnings were $0.30 for 2010, as compared to $0.32 for 2009, a decrease of 6.3%.

Randall M. Greenwood, Senior Vice President, CFO and Treasurer remarked, “The Company’s earnings in the six months ended June 30, 2010 generated an annualized 0.61% return on average assets (“ROA”) and a 7.62% return on average equity (“ROE”), compared to 0.65% ROA and 8.66% ROE for the six months ended June 30, 2009. Comparing the six months ended June 30, 2010 to 2009, the Company’s net interest margin was 3.92% compared to 4.00%, a modest decrease of 8 basis points. This decrease in the margin resulted in a $149,000 decrease in net interest income for the six months ended June 30, 2010 as compared to the same period in 2009. Comparing the same periods, Customer Service Fees on deposits increased $72,000. On the expense side, total noninterest expense decreased $34,000 for the six months ended June 30, 2010 as compared to 2009. The Company’s 2010 earnings were affected by a period over period increase of $72,000 in our Provision for Loan Losses. The increase in the provision for loan losses for the six months ended June 30, 2010 was predicated primarily upon an increase in the level of charge-offs, growth in the loan portfolio and the effect of the current economic environment.”

James W. Everson, UBCP’s Chairman, President and CEO stated, “We continue to maintain our focus on managing our earnings to maintain our status of being a ‘Well Capitalized Company’ and allow for capital expenditures for future growth, while sufficiently accruing into our Loan Loss Provision as we manage our asset quality, plus cover our liberal cash dividend payment policy.” Everson concluded, “We are pleased with our earnings performance that supports these objectives. We shall be introducing our next generation core operating system in August to support our future growth and product development and we shall be opening our new banking center in Tiltonsville in the fourth quarter.”

United Bancorp, Inc. is headquartered in Martins Ferry, Ohio with total assets of approximately $452.9 million and total shareholder’s equity of approximately $36.3 million as of June 30, 2010. Through its single bank charter with its twenty banking offices and an operations center, The Citizens Savings Bank through its Community Bank Division serves the Ohio Counties of Athens, Fairfield and Hocking and through its Citizens Bank Division serves Belmont, Carroll, Harrison, Jefferson and Tuscarawas. United Bancorp, Inc. is a part of the Russell Microcap Index and trades on The NASDAQ Capital Market tier of the NASDAQ Stock Market under the symbol UBCP, Cusip #909911109.

Certain statements contained herein are not based on historical facts and are “forward-looking statements” within the meaning of Section 21A of the Securities Exchange Act of 1934. Forward-looking statements, which are based on various assumptions (some of which are beyond the Company’s control), may be identified by reference to a future period or periods, or by the use of forward-looking terminology, such as “may,” “will,” “believe,” “expect,” “estimate,” “anticipate,” “continue,” or similar terms or variations on those terms, or the negative of these terms. Actual results could differ materially from those set forth in forward-looking statements, due to a variety of factors, including, but not limited to, those related to the economic environment, particularly in the market areas in which the company operates, competitive products and pricing, fiscal and monetary policies of the U.S. Government, changes in government regulations affecting financial institutions, including regulatory fees and capital requirements, changes in prevailing interest rates, acquisitions and the integration of acquired businesses, credit risk management, asset/liability management, changes in the financial and securities markets, including changes with respect to the market value of our financial assets, and the availability of and costs associated with sources of liquidity. The Company undertakes no obligation to update or clarify forward-looking statements, whether as a result of new information, future events or otherwise.

United Bancorp, Inc. (“UBCP”)

	For the Three Months Ended June 30,						%
	2010			2009			Change
Earnings
Total interest income	$	5,513,309		$	5,860,498			-5.92	%
Total interest expense		1,714,970			2,027,504			-15.41	%
Net interest income		3,798,339			3,832,994			-0.90	%
Provision for loan losses		370,187			333,338			11.05	%
Service charges on deposit accounts		624,749			574,123			8.82	%
Net realized gains of sales on securities		—			25,469			—
Net realized gains on sale of loans		29,989			36,707			18.30	%
Impairment loss on servicing asset		—			(75,721	)		—
Net realized gains on sale of other real estate and repossessions		2,345			36,396			-93.56	%
Other noninterest income		201,392			216,027			-6.77	%
Total noninterest income		858,475			813,001			5.59	%
Deposit insurance premiums		144,553			403,427			-64.17	%
Other noninterest expense		3,326,538			3,163,963			5.14	%
Total noninterest expense		3,471,091			3,567,390			-2.70	%
Income tax expense		114,318			73,000			56.60	%
Net income	$	701,218		$	672,267			4.31	%
Per share
Earnings per common share — Basic	$	0.15		$	0.15			0.00	%
Earnings per common share — Diluted		0.15			0.15			0.00	%
Cash dividends paid		0.14			0.14			0.00	%
Shares Outstanding
Average — Basic		4,677,145			4,610,248			—
Average — Diluted		4,694,992			4,610,248			—
	For the Six Months Ended June 30,						%
	2010			2009			Change
Earnings
Total interest income	$	11,043,384		$	11,773,813			-6.20	%
Total interest expense		3,519,128			4,100,987			-14.19	%
Net interest income		7,524,256			7,672,826			-1.94	%
Provision for loan losses		730,045			657,842			10.98	%
Service charges on deposit accounts		1,158,067			1,086,160			6.62	%
Net realized gains of sales on securities		—			25,469			—
Net realized gains on sale of loans		43,637			49,677			-12.16	%
Impairment loss on servicing asset		—			(75,721	)		—
Net realized gains (losses) on sale of Other real estate and repossessions		(767	)		78,896			—
Other noninterest income		434,006			437,728			-0.85	%
Total noninterest income		1,634,943			1,602,209			2.04	%
Deposit Insurance premiums		239,563			440,936			-45.67	%
Other Noninterest expense		6,603,010			6,435,827			2.60	%
Total noninterest expense		6,842,573			6,876,763			-0.50	%
Income tax expense		202,819			267,500			-24.18	%
Net income	$	1,383,762		$	1,472,930			-6.05	%
Per share
Earnings per common share — Basic	$	0.30		$	0.32			-6.25	%
Earnings per common share — Diluted		0.30			0.32			-6.25	%
Cash dividends paid		0.28			0.28			0.00	%
Book value (end of period)		7.74			7.27			6.46	%
Shares Outstanding
Average — Basic		4,671,572			4,606,728			—
Average — Diluted		4,689,419			4,606,728			—
At quarter end
Total assets	$	452,855,825		$	450,839,479			0.45	%
Total assets (average)		452,192,000			450,728,000			0.32	%
Other real estate and repossessions (“OREO”)		1,347,696			988,550			36.33	%
Gross loans		268,770,582			239,238,329			12.34	%
Allowance for loan losses		2,729,377			3,291,139			-17.07	%
Net loans		266,041,205			235,947,190			12.75	%
Non-accrual loans		5,400,000			6,576,002			-17.88	%
Net loans charged off		390,683			137,064			185.04	%
Average loans		262,310,000			238,221,000			10.11	%
Securities and other restricted stock		114,117,350			130,002,300			-12.22	%
Total deposits		343,962,443			344,910,032			-0.27	%
Shareholders’ equity		36,231,906			33,589,757			7.87	%
Shareholders’ equity (average)		36,341,905			34,011,000			6.85	%
Stock data
Market value — last close (end of period)	$	8.42		$	7.90			6.58	%
Dividend payout ratio		93.33	%		87.50	%		5.83	%
Price earnings ratio		14.03	x		12.54	x		1.41	%
Key performance ratios
Return on average assets (ROA)		0.61	%		0.65	%		-0.04	%
Return on average equity (ROE)		7.62	%		8.66	%		-1.05	%
Net interest margin (federal tax equivalent))		3.92	%		4.00	%		-0.08	%
Interest expense to average assets		1.56	%		1.82	%		-0.26	%
Total allowance for loan losses to nonaccrual loans		50.54	%		50.05	%		0.50	%
Total allowance for loan losses to total loans		1.02	%		1.38	%		-0.36	%
Nonaccrual loans to total loans		2.01	%		2.75	%		-0.85	%
Nonaccrual loans and OREO to total assets		1.49	%		1.68	%		-0.19	%
Net charge-offs to average loans		0.30	%		0.12	%		0.18	%
Equity to assets at period end		8.00	%		7.45	%		0.55	%