SOURCE: University Bancorp

University Bancorp

March 01, 2011 11:33 ET

University Bancorp CEO Presenting at American Bankers Association Bank Investors Conference March 3, 2011 12PM EST

ANN ARBOR, MI--(Marketwire - March 1, 2011) - University Bancorp, Inc. (OTCQB: UNIB) (PINKSHEETS: UNIB) announced today that its President & CEO, Stephen Lange Ranzini will give a 30 minute presentation at the March 3, 2011 session of the American Bankers Association's Bank Investors Conference beginning at Noon EST. The event, which will be held at the New York Marriott Marquis, 1535 Broadway, New York, NY, will be simulcast across the internet and the video will be available for at least 30 days after the event for replay at the following urls:

1) http://www.university-bank.com/ConsumerAlerts.html and
2) http://www.university-bank.com/BancorpPressReleases.html (under "Other Press Releases")

President & CEO Stephen Lange Ranzini noted, "We are pleased to have this opportunity to present to the bank investor community a review of the strategic plan of University Bancorp and University Bank, together with a retrospective view on the progress we've made as an organization over the past five years and an outline of the status of our various initiatives to drive the business going forward."

Ann Arbor-based University Bancorp owns 100% of University Bank. Founded in 1890, University Bank® is proud to be selected as the "Community Bankers of the Year" by U.S. Banker magazine, the recipient of the American Bankers Association's 2009 "Community Bankers of the Year" Award and as the second fastest growing business of any type in the Greater Detroit Region by Crain's Detroit Business in 2009. University Bank is proud to be the second highest rated operating bank in the Lower Peninsula of Michigan based on its financial ratios per IDC, the independent bank rating agency, based on the year-end 2009 Federal Deposit Insurance Corporation (FDIC) Call Report data. As of 12/31/2010, University Bank was managing $9.5 billion in financial assets for its customers.

Full financial information is available at: http://www.university-bank.com/Bancorp.html.

Contact Information

  • Contact:
    Stephen Lange Ranzini
    President and CEO
    Phone: 734-741-5858, Ext. 226
    Email: Email Contact