Archive for the Press Releases Category

UNIVERSITY BANCORP’S FIRST DIVIDEND: $0.107 PER SHARE

For Immediate Release Ann Arbor, Michigan, February 1, 2016, — University Bancorp, Inc. (OTCQB: UNIB) today announced that its board of directors has declared the Company’s first dividend to its common shareholders, in the amount of $0.107 per share, a payment of approximately $546,000 in total on the 5,102,844 shares currently outstanding. The ex-dividend date will be as of the close of business today, February… Continue Reading UNIVERSITY BANCORP’S FIRST DIVIDEND: $0.107 PER SHARE

UNIVERSITY BANCORP 9M2015 PROFIT $2,955,513, $0.58 PER SHARE

For Immediate Release Contact: Stephen Lange Ranzini, President and CEO Phone: 734-741-5858, Ext. 9226 Email: ranzini@university-bank.com UNIVERSITY BANCORP 9M2015 PROFIT $2,955,513, $0.58 PER SHARE             Ann Arbor, Michigan, November 13, 2015, — University Bancorp, Inc. (OTCQB: UNIB) announced that it had unaudited net income attributable to University Bancorp, Inc. common stock shareholders in the third quarter of 2015 of $703,623, $0.138 per share on average shares… Continue Reading UNIVERSITY BANCORP 9M2015 PROFIT $2,955,513, $0.58 PER SHARE

UNIVERSITY BANCORP 2Q2015 PROFIT $2,184,026, $0.427 PER SHARE

For Immediate Release Contact: Stephen Lange Ranzini, President and CEO Phone: 734-741-5858, Ext. 9226 Email: ranzini@university-bank.com   UNIVERSITY BANCORP 2Q2015 PROFIT $2,184,026, $0.427 PER SHARE                                 Ann Arbor, Michigan, July 29, 2015, — University Bancorp, Inc. (OTCQB: UNIB) announced that it had unaudited net income attributable to University Bancorp, Inc. common stock shareholders in the second quarter of 2015 of $2,184,026, $0.427 per share on average… Continue Reading UNIVERSITY BANCORP 2Q2015 PROFIT $2,184,026, $0.427 PER SHARE

FED APPOINTS UNIVERSITY BANK’S PRESIDENT & CEO, STEPHEN LANGE RANZINI, TO SECURE PAYMENTS STEERING COMMITTEE

For Immediate Release Contact: Stephen Lange Ranzini, President and CEO Phone: 734-741-5858, Ext. 9226 Email: ranzini@university-bank.com   FED APPOINTS UNIVERSITY BANK’S PRESIDENT & CEO, STEPHEN LANGE RANZINI, TO SECURE PAYMENTS STEERING COMMITTEE        Ann Arbor, Michigan, July 28, 2015, — University Bancorp, Inc. (OTCQB: UNIB) announced that Stephen Lange Ranzini, President & CEO of both University Bank and University Bancorp, has been appointed as one of… Continue Reading FED APPOINTS UNIVERSITY BANK’S PRESIDENT & CEO, STEPHEN LANGE RANZINI, TO SECURE PAYMENTS STEERING COMMITTEE

FUNDAMENTAL GLOBAL TAKES 9.86% STAKE IN UNIVERSITY BANCORP, GAINS FED APPROVAL TO INCREASE STAKE FURTHER

For Immediate Release FUNDAMENTAL GLOBAL TAKES 9.86% STAKE IN UNIVERSITY BANCORP, GAINS FED APPROVAL TO INCREASE STAKE FURTHER                Ann Arbor, Michigan, May 26, 2015, — University Bancorp, Inc. (OTCQB: UNIB) has been informed by Fundamental Global Partners, L.P. & Fundamental Global Master Fund, L.P. that they hold a total of 503,058 shares of common stock of the Company, or 9.86% of the 5,102,844 currently outstanding… Continue Reading FUNDAMENTAL GLOBAL TAKES 9.86% STAKE IN UNIVERSITY BANCORP, GAINS FED APPROVAL TO INCREASE STAKE FURTHER

UNIVERSITY BANCORP 1Q2015 PROFIT $67,864, $0.014 PER SHARE

For Immediate Release UNIVERSITY BANCORP 1Q2015 PROFIT $67,864, $0.014 PER SHARE                               Ann Arbor, Michigan, April 27, 2015, — University Bancorp, Inc. (OTCQB: UNIB) announced that it had unaudited net income attributable to University Bancorp, Inc. common stock shareholders in the first three months of 2015 of $67,864, $0.014 per share on average shares outstanding of 5,001,389 for the first three months, versus an unaudited net… Continue Reading UNIVERSITY BANCORP 1Q2015 PROFIT $67,864, $0.014 PER SHARE

UNIVERSITY BANCORP 2014 PROFIT $755,181, $0.16 PER SHARE

For Immediate Release UNIVERSITY BANCORP 2014 PROFIT $755,181, $0.16 PER SHARE Ann Arbor, Michigan, April 24, 2015, — University Bancorp, Inc. (OTCQB: UNIB) announced that it had audited net income attributable to University Bancorp, Inc. common stockholders in 2014 of $755,181, $0.16 per share on average shares outstanding of 4,722,891. Audited net income for 2013 attributable to common stockholders was $1,826,008, or $0.391 per share… Continue Reading UNIVERSITY BANCORP 2014 PROFIT $755,181, $0.16 PER SHARE

UNIVERSITY BANCORP SIGNS AGREEMENT TO ACQUIRE FINAL 20% OF MIDWEST LOAN SERVICES FOR $3.1 MILLION

For Immediate Release Contact: Stephen Lange Ranzini, President and CEO Phone: 734-741-5858, Ext. 9226 Email: ranzini@university-bank.com   UNIVERSITY BANCORP SIGNS AGREEMENT TO ACQUIRE FINAL 20% OF MIDWEST LOAN SERVICES FOR $3.1 MILLION                                                   Ann Arbor, Michigan, November 24, 2014, — University Bancorp, Inc. (OTCQB: UNIB) announced that it executed an option agreement that gives it the right to acquire the final 20% of Midwest… Continue Reading UNIVERSITY BANCORP SIGNS AGREEMENT TO ACQUIRE FINAL 20% OF MIDWEST LOAN SERVICES FOR $3.1 MILLION

UNIVERSITY BANCORP 3Q2014 NET INCOME $528,727 $0.112 PER SHARE

For Immediate Release Contact: Stephen Lange Ranzini, President and CEO Phone: 734-741-5858, Ext. 9226 Email: ranzini@university-bank.com UNIVERSITY BANCORP 3Q2014 NET INCOME $528,727 $0.112 PER SHARE   Ann Arbor, Michigan, November 24, 2014, — University Bancorp, Inc. (OTCQB: UNIB) announced that it had an unaudited net income attributable to University Bancorp, Inc. common stock shareholders in the third quarter of 2014 of $528,727, $0.112 per share… Continue Reading UNIVERSITY BANCORP 3Q2014 NET INCOME $528,727 $0.112 PER SHARE

AMERICAN BANKERS ASSOCIATION ENDORSES MIDWEST LOAN SERVICES FOR MORTGAGE LOAN SERVICING Offers extensive private-labeling, compliance tools and friendly, responsive service.

For Immediate Release AMERICAN BANKERS ASSOCIATION Endorses Midwest Loan Services for Mortgage Loan Servicing Offers extensive private-labeling, compliance tools and friendly, responsive service.  Ann Arbor, Michigan, October 9, 2014, — University Bancorp, Inc. (OTCQB: UNIB) announced that the American Bankers Association, through its Corporation for American Banking subsidiary, has endorsed University Bank’s subsidiary, Midwest Loan Services Inc., to provide an array of residential mortgage subservicing… Continue Reading AMERICAN BANKERS ASSOCIATION ENDORSES MIDWEST LOAN SERVICES FOR MORTGAGE LOAN SERVICING Offers extensive private-labeling, compliance tools and friendly, responsive service.

Page 2 of 712345...Last »