United Community Bancorp is a mutual holding company. United Community Bancorp’s business activities are the ownership of the outstanding capital stock of United Community Bank (the Bank) and management of the investment of offering proceeds retained from the Reorganization. United Community MHC is its federally chartered mutual holding company parent. As a mutual holding company, United Community MHC is a non-stock company that has as its members depositors of United Community Bank. United Community MHC does not engage in any business activity other than owning a majority of the common stock of United Community Bancorp. United Community Bank is a federally chartered savings bank. On June 4, 2010, United Community Bank acquired three branches from Integra Bank National Association all of which are located in Ripley County, Indiana. In connection with the acquisition, the Bank acquired $45.9 million in loans and assumed $53 million in deposits.
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