December 10, 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.
Registration Statement on Form S-1
(Commission File No. 333-169717)                    

                    The undersigned, as the Underwriter of the proposed public offering of up to 7,000,000 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 Monday, December 13, 2010, or as soon thereafter as practicable.

Very truly yours,
SANDLER O'NEILL + PARTNERS, L.P.,
By:	Sandler O'Neill + Partners Corp., the sole general partner
By:	/s/ Jennifer Docherty
Name:	Jennifer Docherty
Title:	Authorized Signatory