November 29, 2010
U.S. Securities and Exchange Commission
Division of Corporation Finance
100 F Street, NE
Washington, D.C. 20549
Attn: Mr. Matt McNair
| Re: | United Bancorp, Inc. |
The undersigned, as the Underwriter of the proposed public offering of up to 5,000,000 shares of common stock, no par value, of the above-captioned registrant (the "Shares"), hereby joins in the request of United Bancorp, Inc. that the effectiveness of the Registration Statement on Form S-1 relating to such Shares (Registration No. 333-169717) be accelerated so that the Registration Statement will become effective at 3:30 p.m. on Thursday, December 2, 2010, or as soon thereafter as practicable.
| Very truly yours, | |
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| SANDLER O'NEILL + PARTNERS, L.P., | |
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| By: | Sandler O'Neill + Partners Corp., |
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| By: | /s/ Jennifer Docherty |
| Name: | Jennifer Docherty |
| Title: | Authorized Signatory |