University Bancorp Sets Annual Meeting Date as December 7, 2015 12:30 P.M. EST

ANN ARBOR, MI--(Marketwired - Nov 30, 2015) - University Bancorp, Inc. (OTCQB: UNIB) today announced that its 2015 annual shareholder meeting has been scheduled for December 7, 2015, beginning at 12:30 p.m. EST at University Bank's headquarters at 2015 Washtenaw Avenue, Ann Arbor. Shareholders of record as of the close of business November 30, 2015 will be entitled to vote. As a measure to economize and save the shareholders money, no proxies will be solicited for the meeting by the company. Shareholders will vote at the annual meeting to elect directors for the coming year and on a matter related to executive compensation.

Shareholders and investors are encouraged to refer to the financial information including the audited financial statements, strategic plan and prior press releases, available on our investor relations web page at: http://www.university-bank.com/bancorp/.

Ann Arbor-based University Bancorp owns 100% of University Bank which, together with its Michigan-based subsidiaries, holds and manages a total of over $18 billion in financial assets for over 110,000 customers and our 339 employees make us the 9^th 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 and as the recipient of the American Bankers Association's Community Bank Award. University Bank is a Member FDIC. The members of University Bank's corporate family, ranked by their size of revenues are:

• University Lending Group, a retail residential mortgage originator based in Clinton Township, MI;
• Midwest Loan Services, a residential mortgage subservicer based in Houghton, MI;
• UIF, an Islamic banking firm based in Farmington Hills, MI;
• Community Banking, based in Ann Arbor, MI, which provides traditional community banking services in the Ann Arbor area;
• Ann Arbor Insurance Centre, an independent insurance agency based in Ann Arbor.