March 25, 2009, Ann Arbor, Michigan — University Bank, announced today that it had audited net income of $73,140 in 2008. Highlights for the year include: Mortgage subservicing managed under contract increased to $5 billion; Our new residential mortgage wholesale operation closed its first loan in

Ann Arbor, Michigan, February 18, 2009 – University Bank was nationally acknowledged by the American Bankers Association for its innovative programs to increase homeownership opportunities at the American Bankers Association’s National Conference for Community Bankers in Phoenix, Ariz. on Feb. 17. University Bank received the American

Ann Arbor, Michigan, December 31, 2008 — University Bancorp, Inc. (NASDAQ: UNIB)(the “Company”) announced today that it has given notice to The Nasdaq Stock Market of its determination to voluntarily withdraw the Company’s common stock, $0.01 par value per share, from listing on the Nasdaq Capital

Ann Arbor, Michigan, November 18, 2008 — University Bancorp, Inc. (NASDAQ: UNIB) has received a FastTrack Award from Ann Arbor SPARK. Founded in 1997, FastTrack is an annual program sponsored by Ann Arbor SPARK recognizing companies in Washtenaw County for outstanding business success. The company is one

American Banker | Friday, June 27, 2008 By Robert Barba It took four years for University Bancorp in Ann Arbor, Mich., to develop a home loan product that both complied with the strict laws of Islamic financing and satisfied its regulators, but it was time well spent.

 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 (NYSE:FRE) to create a secondary market for Sharia’a compliant loans to assist in home acquisitions by

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 owned Hoover, LLC since June of this year. Solden had a contract with the

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 the board of directors of the Washtenaw County Economic Development Corporation. Mr. Ranzini commented, “I am honored to be able

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 lease program) and the FDIC-insured Profit Sharing Money Market