UNIVERSITY BANCORP ACQUIRES HYREX SERVICING, LLC FOR $5.5 MILLION
Ann Arbor, Michigan, August 1, 2024, -- University Bancorp, Inc. (OTCQB: UNIB, or “UNIB”) announced that it has completed an internal corporate restructuring by acquiring Hyrex Servicing, LLC (“Hyrex Servicing”) from University Bank, through its wholly owned subsidiary, Hyrex Servicing Holding Company, LLC. Hyrex Servicing Holding Company,