Ann Arbor, Michigan, October 16, 2024, -- University Bancorp, Inc. (OTCQB: UNIB) announced that it has issued to institutional investors $15 million in Senior Unsecured Notes (the "Notes"). The Notes mature January 31, 2030. The Issue Price to Investors was at 100%, and the Notes pay interest
Ann Arbor, Michigan, August 19, 2024, -- University Bancorp, Inc. (OTCQB: UNIB) announced that it had an unaudited net income attributable to University Bancorp, Inc. common stock shareholders in 2Q2024 of $3,039,641 $0.59 per share on average shares outstanding of 5,169,518 for the second quarter, versus an
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,
Ypsilanti, MI, June 11, 2024 - University Bank announced today the grand opening of its new full-service banking center located at 301 W. Michigan Avenue, Ypsilanti, Michigan will be on June 24, 2024. University Bank is a community bank dedicated to fostering financial inclusion, headquartered in Ann
Ann Arbor, Michigan, May 14, 2024, -- University Bancorp, Inc. (OTCQB: UNIB, or “UNIB”) announced that it had audited net income of $6,799,619 in 2023, of which $5,426,558 was attributable to UNIB common stockholders, $1.07 per share on average shares outstanding of 4,936,751 for the year, versus
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Ann Arbor, Michigan, September 6, 2023, -- University Bancorp, Inc. (OTCQB: UNIB) announced that it had an unaudited net income attributable to University Bancorp, Inc. common stock shareholders in 2Q2023 of $1,557,298, $0.32 per share on average shares outstanding of 4,929,518 for the second quarter, versus an
Industry Update: This past week Silvergate Bank was put into liquidation, Silicon Valley Bank failed on Friday, and Signature Bank failed on Sunday. Silicon Valley Bank had $290 billion in assets and it is the second largest bank failure in U.S. history. Signature Bank is the third
Ann Arbor, Michigan, January 11, 2022, -- University Bancorp, Inc. (OTCQB: UNIB) announced that it has been selected by Bank Director Magazine as a top performing U.S. bank. We are very proud to be honored among all banks in the U.S. as having the:▪️ #1 Best Growth
Ann Arbor, Michigan, November 18, 2021, -- University Bancorp, Inc. (OTCQB: UNIB) announced that it had an unaudited net income attributable to University Bancorp, Inc. common stock shareholders in 3Q2021 of $7,163,914, $1.47 per share on average shares outstanding of 4,863,496 for the third quarter, versus an
