Archive for the Press Releases Category

TALLEY ELECTED TO KEY HIE INDUSTRY GROUPS

For Immediate Release UNIVERSITY BANCORP DIRECTOR MICHAEL M. TALLEY ELECTED TO KEY POSITIONS LOCALLY & NATIONWIDE IN THE HEALTH INFORMATION EXCHANGE INDUSTRY Ann Arbor, Michigan, June 8, 2010— University Bank today announced that University Bancorp director Michael M. Talley has been elected to key positions locally and […]

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UNIVERSITY BANCORP, INC. ANNOUNCES 2009 PROFIT

For Immediate Release UNIVERSITY BANCORP, INC. ANNOUNCES PROFIT FOR 2009 UNIVERSITY BANK RELEASED FROM ORDER; BANK PRESIDENT STEPHEN LANGE RANZINI ADDS BANK CEO TITLE Ann Arbor, Michigan, June 1, 2010, — University Bancorp, Inc. (OTCQB: UNIB) (Pink Sheets: UNIB) announced today that it had audited net income […]

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UNIVERSITY BANK ANNOUNCES 2008 RESULTS

For Immediate Release UNIVERSITY BANK ANNOUNCES 2008 RESULTS & UPDATE ON CURRENT OPERATIONS March 25, 2009, Ann Arbor, Michigan — University Bank, announced today that it had audited net income of $73,140 in 2008. Highlights for the year include: Mortgage subservicing managed under contract increased to $5 […]

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THE NEW YORK TIMES: ON RELIGION

For Immediate Release A HOMETOWN BANK HEEDS A CALL TO SERVE ITS ISLAMIC CLIENTS By SAMUEL G. FREEDMAN ANN ARBOR, MICH. Until a stranger without an appointment showed up one day in late 2001, Stephen L. Ranzini wasfeeling rather pleased with himself. University Bank here, which he […]

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UNIVERSITY BANK RECEIVES AWARD FROM ABA

For Immediate Release UNIVERSITY BANK RECEIVES THE AMERICAN BANKERS ASSOCIATION’S COMMUNITY BANK AWARD FOR 2009 Ann Arbor, Michigan, February 18, 2009 – University Bank was nationally acknowledged by the American Bankers Association for its innovative programs to increase homeownership opportunities at the American Bankers Association’s National Conference […]

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UNIVERSITY BANK GIVES NOTICE OF VOLUNTARY DELISTING

For Immediate Release UNIVERSITY BANCORP GIVES NOTICE OF VOLUNTARY DELISTING Ann Arbor, Michigan, December 31, 2008 — University Bancorp, Inc. (NASDAQ: UNIB)(the “Company”) announced today that it has given notice to The Nasdaq Stock Market of its determination to voluntarily withdraw the Company’s common stock, $0.01 par […]

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UNIVERSITY BANCORP WINS FASTTRACK AWARD

For Immediate Release UNIVERSITY BANCORP WINS FASTTRACK AWARD Ann Arbor, Michigan, November 18, 2008 — University Bancorp, Inc. (NASDAQ: UNIB) has received a FastTrack Award from Ann Arbor SPARK. Founded in 1997, FastTrack is an annual program sponsored by Ann Arbor SPARK recognizing companies in Washtenaw County […]

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UNIVERSITY ISLAMIC FINANCIAL JOINS AAOIFI

For Immediate Release UNIVERSITY ISLAMIC FINANCIAL CORPORATION JOINS AAOIFI, THE GLOBAL ISLAMIC FINANCE ACCOUNTING STANDARDS SETTING ORGANIZATION Ann Arbor, Michigan, November 11, 2008 — University Bank (NASDAQ: UNIB) today announced that its 80% owned subsidiary, University Islamic Financial, has joined AAOIFI, the global Islamic Finance accounting standards […]

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AMERICAN BANKER: ISLAMIC FINANCE UNIT TAKES BANK BEYOND MICHIGAN ROOTS

Islamic Finance Unit Takes Bank Beyond Michigan Roots American Banker | Friday, June 27, 2008 By Robert Barba It took four years for University Bancorp in Ann Arbor, Mich., to develop a home loan product that both complied with the strict laws of Islamic financing and satisfied […]

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WASHINGTON POST ARTICLE REGARDING UIF GROWTH

For Immediate Release WASHINGTON POST ARTICLE REGARDING THE GROWTH OF ISLAMIC FINANCING AND UNIVERSITY BANK’S ISLAMIC BANKING SUBSIDIARY, UNIVERSITY ISLAMIC FINANCIAL May 14, 2008, Ann Arbor, Michigan—Stephen Lange Ranzini, President and Chairman of Ann Arbor’s University Bank (NASDAQ: UNIB), announced that The Washington Post has published an […]

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