In 1996, University Bank established an insurance and investment products sales 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, annuities and mutual fund sales. Employees of the Agency are also licensed to sell investment products such as annuities and mutual funds, and the President of the Bank, who is also Chairman of the Agency, also offers broker-dealer investment services including stock and bond investment accounts through a clearing arrangement with Equitas America LLC and Pershing, a division of the Bank of New York.

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. University Insurance & Investment Services also sells broker-dealer investment products and it and its licensed employees are subject to the rules, regulations and examinations of FINRA, the National Association of Securities Dealers, the Securities & Exchange Commission, and the Insurance Division of Michigan’s Office of Financial and Insurance Service.

Insurance and investment services are offered through University Insurance & Investment Services, Inc., which is a wholly-owned subsidiary of University Bank. Securities and variable annuities are offered through Equitas America, LLC, Member FINRA (www.finra.org) / SIPC (www.sipc.org). 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. The products are subject to investment risks, including the possible loss of the principal amount invested.