We derive a closed formula for a generalisation of $U_m$ which will then be used to prove the identity.
The following is valid for $m\geq 0$
\begin{align*}
\sum_{k=0}^{\lfloor m/2\rfloor}\binom{m-k}{k}z^k
=\frac{1}{\sqrt{1+4z}}\left(\left(\frac{1+\sqrt{1+4z}}{2}\right)^{m+1}
-\left(\frac{1-\sqrt{1+4z}}{2}\right)^{m+1}\right)\tag{1}
\end{align*}
It is convenient to use the coefficient of operator $[t^m]$ to denote the coefficient of $t^m$ of a series. We start with the generating function
\begin{align*}
\frac{1}{1-t-zt^2}
\end{align*}
On the one hand it can be shown by partial fraction decomposition
\begin{align*}
[t^m]\frac{1}{1-t-zt^2}
&=[t^m]\frac{1}{\left(1-\frac{1+\sqrt{1+4z}}{2}t\right)\left(1-\frac{1-\sqrt{1+4z}}{2}t\right)}\\
&=\frac{1}{\sqrt{1+4z}}\left(\left(\frac{1+\sqrt{1+4z}}{2}\right)^{m+1}-\left(\frac{1-\sqrt{1+4z}}{2}\right)^{m+1}\right)
\end{align*}
On the other hand we derive
\begin{align*}
[t^m]\frac{1}{1-t-zt^2}&=[t^m]\frac{1}{1-t}\cdot\frac{1}{1-\frac{zt^2}{1-t}}\\
&=\frac{1}{1-t}\sum_{j=0}^\infty \frac{z^j t^{2j}}{(1-t)^j}\tag{2}\\
&=\sum_{j=0}^\infty \frac{z^j t^{2j}}{(1-t)^{j+1}}\\
&=\sum_{j=0}^\infty t^{2j}\sum_{l=0}^\infty \binom{-j-1}{l}(-t)^lz^j\tag{3}\\
&=\sum_{j=0}^\infty t^{2j}\sum_{l=0}^\infty \binom{l+j}{l}t^lz^j\tag{4}\\
&=\sum_{j=0}^{\lfloor n/2\rfloor} [t^{n-2j}]\sum_{l=0}^\infty \binom{l+j}{l}t^lz^j\tag{5}\\
&=\sum_{j=0}^{\lfloor n/2\rfloor} \binom{n-j}{n-2j}z^j\tag{6}\\
&=\sum_{j=0}^{\lfloor n/2\rfloor} \binom{n-j}{j}z^j
\end{align*}
and the claim (1) follows.
Comment:
In (2) we apply the geometric series expansion.
In (3) we apply the binomial series expansion.
In (4) we use the binomial identity $\binom{-p}{q}=\binom{p+q-1}{q}(-1)^q$.
In (5) we use the linearity of the coefficient of operator and use the rule $$[t^{p+q}]A(t)=[t^p]t^{-q}A(t)$$ We also restrict the upper limit of the sum since the exponent of $t^{n-2j}$ has to be non-negative.
In (6) we select the coefficient of $t^{n-2j}$.
We obtain from (1) the following identity by setting $z=1$
\begin{align*}
U_m=\sum_{k=0}^{\lfloor m/2\rfloor}\binom{m-k}{k}
=\frac{1}{\sqrt{5}\cdot2^{m+1}}\left(\left(1+\sqrt{5}\right)^{m+1}-\left(1-\sqrt{5}\right)^{m+1}\right)
\end{align*}
Next we calculate $U_aU_b$ and $U_{a-1}U_{b-1}$.
\begin{align*}
U_aU_b&=\frac{1}{5\cdot2^{a+b+2}}\left(\left(1-\sqrt{5}\right)^{a+b+2}
-\left(1-\sqrt{5}\right)^{a+1}\left(1+\sqrt{5}\right)^{b+1}\right.\\
&\qquad\qquad\qquad\qquad\left.-\left(1+\sqrt{5}\right)^{a+1}\left(1-\sqrt{5}\right)^{b+1}
+\left(1+\sqrt{5}\right)^{a+b+2}\right)\\
&=\frac{1}{5\cdot2^{a+b}}\left(
\frac{3-\sqrt{5}}{2}\left(1-\sqrt{5}\right)^{a+b}
+\left(1-\sqrt{5}\right)^{a}\left(1+\sqrt{5}\right)^{b}\right.\\
&\qquad\qquad\qquad\qquad\left.+\left(1+\sqrt{5}\right)^{a}\left(1-\sqrt{5}\right)^{b}
+\frac{3+\sqrt{5}}{2}\left(1+\sqrt{5}\right)^{a+b}\right)\\
\\
U_{a-1}U_{b-1}&=\frac{1}{5\cdot2^{a+b}}\left(\left(1-\sqrt{5}\right)^{a+b}
-\left(1-\sqrt{5}\right)^{a}\left(1+\sqrt{5}\right)^{b}\right.\\
&\qquad\qquad\qquad\qquad\left.-\left(1+\sqrt{5}\right)^{a}\left(1-\sqrt{5}\right)^{b}
+\left(1+\sqrt{5}\right)^{a+b}\right)\\
\end{align*}
It follows by collecting equal terms
\begin{align*}
U_aU_b+U_{a-1}U_{b-1}
&=\frac{1}{5\cdot2^{a+b}}\left(
\left(\frac{3-\sqrt{5}}{2}+1\right)\left(1-\sqrt{5}\right)^{a+b}+0\right.\\
&\qquad\qquad\qquad\qquad\left.+0+\left(\frac{3+\sqrt{5}}{2}+1\right)\left(1+\sqrt{5}\right)^{a+b}\right)\\
&=\frac{1}{5\cdot2^{a+b+1}}
\left(\left(1+\sqrt{5}\right)^{a+b+1}+\left(1-\sqrt{5}\right)^{a+b+1}\right)\\
&=U_{a+b}
\end{align*}
and the claim follows.