Archive for the Alerts & Announcements Category

IMPORTANT NOTICE REGARDING EQUIFAX DATA BREACH

Here’s the latest information on the data breach at Equifax and steps you can take to see if you have been affected. Equifax Data Breach Information What You Should Know About the Equifax Breach Equifax, one of three main credit bureaus in the country, reported it experienced a data breach that could impact approximately 143 million U.S. consumers. Unfortunately, this may include some of our

Effective October 23, 2015

Dormant Accounts will incur a monthly charge of $2 per statement cycle.   This includes any checking or savings account that has had no customer-initiated transactional activity in a 12 month period. For more information, contact us at 1-734-741-5858 or email information@university-bank.com

UNIVERSITY BANK IS THE TOP RATED MICHIGAN BANK

For Immediate Release UNIVERSITY BANK IS THE TOP RATED MICHIGAN BANK ACCORDING TO THE IDC RATING AGENCY Ann Arbor, Michigan, September 18, 2013, — University Bancorp’s (OTCQB: UNIB) wholly owned subsidiary University Bank announced that it had received a perfect score of 300* out of a possible total score of 300 points from IDC Financial Publishing, Inc. (IDC) based on the June 30, 2013 Call

Fee Increase

Effective 9/1/2013 the fees for inactive and dormant accounts will increase as follows: Inactive fee $1.00 per month after 12 months of inactivity dormant fee $2.00 per month after 24 months of inactivity

FDIC insurance coverage of transaction accounts

01.24.2011 – All funds in a “noninterest-bearing transaction account” are insured in full by the Federal Deposit Insurance Corporation from December 31, 2010 through December 31, 2012. This temporary unlimited coverage is in addition to, and separate from, the coverage of at least $250,000 available to depositors under the FDIC’s general deposit insurance rules. The term “noninterest-bearing transaction account” includes a traditional checking account or

University Bank’s Wire Services

Effective February 1, 2013, the fees for University Bank’s Wire Services will increase as follows: Incoming International Wire Transfers: $35.00, Outgoing International Wire Transfers: $50.00, Domestic Incoming Wire Transfer $15, Domestic Outgoing Wire Transfer $25.00