ANN ARBOR INSURANCE CENTRE ACQUIRES ARBOR INSURANCE; UNIVERSITY BANK OPERATIONS UPDATE
Ann Arbor, Michigan, March 2, 2020, -- University Bancorp, Inc. (OTCQB: UNIB) today announced that University Bank’s wholly-owned subsidiary, Ann Arbor Insurance Centre (AAIC) effective close of business on February 29, 2020 acquired the portfolio of insurance held by Arbor Insurance Agency for $687,362 cash. The customer