Archive for the Press Releases Category

UNIVERSITY BANK SIGNS $100,000,000 SHARIA’A HOME ACQUISITION MASTER COMMITMENT WITH FREDDIE MAC

For Immediate Release UNIVERSITY BANK SIGNS $100,000,000 SHARIA’A HOME ACQUISITION MASTER COMMITMENT WITH FREDDIE MAC   February 20, 2006, Ann Arbor, Michigan—Stephen Lange Ranzini, President and Chairman of Ann Arbor’s University Bank (NASDAQ: UNIB), announced that it has entered into a master purchase agreement with Freddie Mac […]

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University Bank and Solden Development reach agreement over historic Hoover Mansion

FOR IMMEDIATE RELEASE University Bank and Solden Development reach agreement over historic Hoover Mansion Ann Arbor, Michigan, October 20, 2005 —University Bank (NASDAQ: UNIB) President Stephen Ranzini and Solden Development Company President Dean Solden have reached an agreement over the historic Hoover Mansion property.   University Bank has […]

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UNIVERSITY BANK’S STEPHEN LANGE RANZINI ELECTED VICE CHAIRMAN OF THE WASHTENAW COUNTY ECONOMIC DEVELOPMENT CORPORATION’S BOARD OF DIRECTORS

FOR IMMEDIATE RELEASE UNIVERSITY BANK’S STEPHEN LANGE RANZINI ELECTED VICE CHAIRMAN OF THE WASHTENAW COUNTY ECONOMIC DEVELOPMENT CORPORATION’S BOARD OF DIRECTORS Ann Arbor, Michigan, March 29, 2005 – Stephen Lange Ranzini, Chairman and President of Ann Arbor based University Bank (NASDAQ:UNIB), has been elected Vice Chairman of […]

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UNIVERSITY BANCORP PRESIDENT APPOINTED U.S. DELEGATE

FOR IMMEDIATE RELEASE UNIVERSITY BANCORP PRESIDENT APPOINTED U.S. DELEGATE TO THE TOP GLOBAL SECURITY STANDARDS ORGANIZATION FOR THE FINANCIAL SERVICES INDUSTRY, ISO TC68 SC2 Ann Arbor, Michigan, March 28, 2005 — University Bancorp, Inc. (NASDAQ: UNIB) announced that Stephen Lange Ranzini, President & CEO of University Bancorp, […]

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UNIVERSITY BANK ANNOUNCES NEW ISLAMIC BANKING DIVISION

FOR IMMEDIATE RELEASE UNIVERSITY BANK ANNOUNCES NEW ISLAMIC BANKING DIVISION  October 4, 2004, Ann Arbor, Michigan – University Bancorp (NASDAQ:UNIB) announced today it has a new Islamic Banking Division.  The Islamic Banking Division will initially be responsible for promoting both an interest-free Mortgage Alternative Transaction (a redeemable […]

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UNIVERSITY BANK’S STEPHEN LANGE RANZINI NEW PRESIDENT OF YALE ALUMNI ASSOCIATION OF MICHIGAN

FOR IMMEDIATE RELEASE UNIVERSITY BANK’S STEPHEN LANGE RANZINI NEW PRESIDENT OF YALE ALUMNI ASSOCIATION OF MICHIGAN November 20, 2003, Ann Arbor, Michigan – Stephen Lange Ranzini, Chairman and President of Ann Arbor based University Bank (NASDAQ:UNIB), was appointed the new President of the Yale Alumni Association of […]

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CHILD MUSICAL PRODIGY, LEGAL PIONEER, FINANCIER AND CIVIL RIGHTS PIONEER JOSEPH RANZINI DIES, AT 73

FOR IMMEDIATE RELEASE CHILD MUSICAL PRODIGY, LEGAL PIONEER, FINANCIER AND CIVIL RIGHTS PIONEER JOSEPH RANZINI DIES, AT 73   November 27, 2002 (Princeton, New Jersey) Joseph Louis Ranzini, chairman of NASDAQ-listed University Bancorp, Inc. (NASDAQ Symbol UNIB), born on April Fool’s Day 1929 in Joliet, Illinois, died […]

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UNIVERSITY BANCORP TAPS LOCAL TECHNOLOGY LEADER AS DIRECTOR

FOR IMMEDIATE RELEASE UNIVERSITY BANCORP TAPS LOCAL TECHNOLOGY LEADER AS DIRECTOR April 5, 2002, Ann Arbor, Michigan—Ann Arbor-based University Bancorp announced today that Gary Baker, an Ann Arbor resident and a widely recognized leader in the technology industry, has accepted a board seat and agreed to serve […]

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UNIVERSITY BANCORP 2001 THIRD QUARTER RESULTS

For Immediate Release UNIVERSITY BANCORP REPORTS 2001 THIRD QUARTER RESULTS $1,659,749 OF NEW COMMON STOCK SOLD IN RIGHTS OFFERING November 15, 2001 – University Bancorp, Inc. (NASDAQ Symbol UNIB) (the “Company”) announced its unaudited results from operations for the nine months ended September 30, 2001: For the […]

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RIGHTS LISTED ON NASDAQ

For Immediate Release RIGHTS ARE NOW LISTED ON NASDAQ SMALL CAP MARKET RIGHTS OFFERING EXPIRATION DATE EXTENDED October 31, 2001 – University Bancorp, Inc. (NASDAQ Symbol UNIB) (the”Company”) announced the following changes to its Rights Offering Prospectus: The expiration date of its rights offering, due to expire […]

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