In 1996, University Bank established an independent insurance agency. This subsidiary of the Bank, called “University Insurance & Investment Services, Inc.” (the “Agency”) is based in the Bank’s Ann Arbor office. The Agency is licensed by the State of Michigan to sell insurance as agent for licensed insurance companies. A d/b/a of the Agency, University Insurance Center, commenced business in 1999, and this added a property casualty agency license to the original life and health agency license, enabling the Agency to offer insurance for homes, autos, apartments and businesses in addition to the original products which included life and health care insurance and annuities.

University Insurance & Investment Services is licensed by the State of Michigan's Office of Financial and Insurance Services, Insurance Division as both a life and health and a property casualty insurance agency, and is subject to their rules, regulations and examinations.

Insurance services are offered through University Insurance & Investment Services, Inc., which is a wholly-owned subsidiary of University Bank. No FDIC Insurance/Risk of Loss: The products are not insured by the FDIC or the Bank. The products are not a deposit or other obligation of, or guaranteed by, the Bank.