Archive for the Press Releases Category

UNIVERSITY BANCORP, INC. NAMED SECOND FASTEST GROWING FIRM IN 2009

For Immediate Release CRAIN’S DETROIT BUSINESS NAMES UNIVERSITY BANCORP, INC. SECOND FASTEST GROWING FIRM IN THE GREATER DETROIT REGION IN 2009 Ann Arbor, Michigan, July 20, 2010, — University Bancorp, Inc. (OTCQB: UNIB) (Pink Sheets: UNIB) announced today that Crain’s Detroit Business has named it the second […]

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CANTER & LITTLE ELECTED TO BANK BOARD

For Immediate Release DAVID CANTER & DAVID LITTLE JOIN UNIVERSITY BANK’S BOARD OF DIRECTORS Ann Arbor, Michigan, June 12, 2010 — University Bank announced that David Canter and David Little have been elected to University Bank’s board of directors. David Canter Executive Director of University of Michigan’s […]

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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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