UNIVERSITY BANCORP TO INCREASE OWNERSHIP TO 100% OF UNIVERSITY LENDING GROUP
Ann Arbor, Michigan, May 23, 2012, — University Bancorp, Inc. (OTCQB: UNIB) (Pink Sheets: UNIB) announced today that its subsidiary, University Bank, had signed a definitive agreement to acquire an additional 12.4975% membership interest in University Lending Group, LLC, bringing its total ownership to 100%. University