Ann Arbor, Michigan, March 22, 2019,-- University Bancorp, Inc. (OTCQB: UNIB) (the “Company”) announced that University Lending Group (“ULG”), a subsidiary of University Bank (the “Bank”) has acquired assets including leased branch offices and hired a group of 52 employees from Huron Valley Financial, Inc. (“HVF”),
Ann Arbor, Michigan, December 21, 2018– University Bancorp, Inc. (OTCQB: UNIB) (the “Company”) announced that it has issued to a company controlled by Robert Kauffman, a co-founder of Fortress Investment Group, $5 million of a newly created series of 6% convertible preferred stock, to be designated as
Ann Arbor, Michigan, October 29, 2018, — University Bancorp, Inc. (OTCQB: UNIB) today announced that its 2018 annual shareholder meeting has been scheduled for November 2, 2018, beginning at Noon EST at University Bank’s headquarters at 2015 Washtenaw Avenue, Ann Arbor. Shareholders of record as of the
Ann Arbor, Michigan, May 11, 2018, — University Bancorp, Inc. (OTCQB: UNIB), announced that it was ranked as the #3 banking firm in the entire United States in 2017 based on return on average shareholders’ equity according to American Banker magazine (https://www.americanbanker.com/data/cautiously-optimistic-the-top-200-publicly-traded-community-banks). American Banker also ranked our
Ann Arbor, Michigan, April 12, 2018, — University Bancorp, Inc. (OTCQB: UNIB) announced that it had audited net income attributable to University Bancorp, Inc. common stock shareholders in 2017 of $5,124,358, $0.99 per share on average shares outstanding of 5,187,218 for the year, versus audited net income
Ann Arbor, Michigan, December 9, 2017, — University Bancorp, Inc. (OTCQB: UNIB) today announced that its 2017 annual shareholder meeting has been scheduled for December 21, 2017, beginning at Noon EST at University Bank’s headquarters at 2015 Washtenaw Avenue, Ann Arbor. Shareholders of record as of the
Ann Arbor, Michigan, December 21, 2016, — University Bancorp, Inc. (OTCQB: UNIB) today announced that its 2016 annual shareholder meeting has been scheduled for December 23, 2016, beginning at Noon EST at University Bank’s headquarters at 2015 Washtenaw Avenue, Ann Arbor. Shareholders of record as of the
Ann Arbor, Michigan, April 7, 2016, — University Bancorp, Inc. (OTCQB: UNIB) announced that it had audited net income attributable to University Bancorp, Inc. common stock shareholders in 2016 of $3,806,197, $0.75 per share on average shares outstanding of 5,100,899 for the year, versus audited net income
Ann Arbor, Michigan, April 6, 2016 — University Bank, a subsidiary of University Bancorp, Inc. (OTCQB: UNIB), announced that it has issued to a private investor group a $2.5 million Tier 1 Participatory Note Certificate. The Note Certificate is perpetual and has no maturity date. The additional
Ann Arbor, Michigan, April 1, 2016 — University Bancorp, Inc. (OTCQB: UNIB) announced that it had audited net income attributable to University Bancorp, Inc. common stock shareholders in 2015 of $3,139,217, $0.618 per share on average shares outstanding of 5,080,372 for the year, versus audited net income
