UNIBUniversity Bancorp, Inc.

About University Bancorp, Inc. (UNIB)

University Bancorp, Inc. (UNIB) is a Banks - Regional company headquartered in Ann Arbor, MI, United States whose shares trade over-the-counter on the OTCQB tier.

Ann Arbor-based University Bancorp owns 100% of University Bank which, together with its subsidiaries, holds and manages a total of over $40 billion in loans and assets for over 195,000 customers and our 507 employees make us the 5th largest bank based in Michigan. University Bank is an FDIC-insured, locally owned and managed community bank, and meets the financial needs of its community through its creative and innovative services. Founded in 1890, University Bank is proud to have been selected as the "Community Bankers of the Year" by American Banker magazine, as the recipient of the American Bankers Association's Community Bank Award, and as a top 10 "Best Managed Bank" and the bank with the #1 "Best Growth Strategy" by Bank Director Magazine. University Bank is a Member FDIC. The operating subsidiaries of University Bank which are members of our corporate family, ranked by their size of revenues are: Midwest Loan Services, a residential mortgage subservicer based in Houghton, Michigan; UIF, a faith based banking firm based in Southfield, Michigan; University Lending Group, a retail residential mortgage originator based in Clinton Township, Michigan; Community Banking, based in Ann Arbor, Michigan, which provides traditional community banking services in the Ann Arbor area; Ann Arbor Insurance Centre, an independent insurance agency based in Ann Arbor, Michigan, our reverse mortgage residential lending division; and our mortgage warehouse lending division.

Products and services

University Bancorp, Inc. is a financial holding company regulated by the Chicago Federal Reserve Bank. The operating subsidiaries of University Bancorp are University Bank, Crescent Assurance, PCC, and Hyrex Servicing, LLC. University Bank is a Michigan Chartered Bank which is a Member FDIC. Crescent Assurance is a captive insurance company regulated by the Washington DC Department of Insurance, Securities & Banking. Hyrex Servicing is a master mortgage subservicing company licensed by FNMA, FMLMC and most states nationwide. University Bank is chartered and regulated by the State of Michigan Department of Insurance and Financial Services, and its primary federal regulator is the FDIC. The operating subsidiaries of University Bank which are members of our corporate family, ranked by their size of revenues are: Midwest Loan Services, a residential mortgage subservicer based in Houghton, Michigan; UIF, a faith based banking firm based in Southfield, Michigan; University Lending Group, a retail residential mortgage originator based in Clinton Township, Michigan; Community Banking, based in Ann Arbor, Michigan, which provides traditional community banking services in the Ann Arbor area; Ann Arbor Insurance Centre, an independent insurance agency based in Ann Arbor, Michigan, our reverse mortgage residential lending division; and our mortgage warehouse lending division.

UNIB key facts

Ticker symbol

UNIB

Market tier

OTCQB

Sector

Financial Services

Industry

Banks - Regional

Headquarters

Ann Arbor, MI, United States

Country of incorporation

US

Year of incorporation

1986

Employees

507

Estimated market cap

$74.96M (as of Apr 11, 2025)

Shares outstanding

5,169,518

Reporting standard

U.S. Reporting: Bank/Thrift

Audit status

Audited

Fiscal year end

12/31

Latest filing

Annual Report (Dec 31, 2023)

University Bancorp, Inc. leadership

• Stephen Lange Ranzini — President, CEO
• Dennis Agresta — CFO
• Accounts Payable — Accountant

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