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UNIVERSITY BANCORP ANNOUNCES RAISE IN RIGHTS OFFERINGS

For Immediate Release UNIVERSITY BANCORP ANNOUNCES RIGHTS OFFERING TO RAISE $2.1MM August 30, 2001 – University Bancorp, Inc. (NASDAQ Symbol UNIB) (the “Company”), which owns University Bank of Ann Arbor, Michigan, announced the commencement of a rights offering to raise $2,092,081 from the issue of 2,092,081 shares at $1 per share. The rights are listed on the OTC Bulletin Board under the symbol UNIBR and… Continue Reading UNIVERSITY BANCORP ANNOUNCES RAISE IN RIGHTS OFFERINGS

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