University Bancorp owns 100 percent of University Bank that manages a total of $2.5 billion in assets. The community banking operation focuses on local businesses, minorities and the nonprofit communities. Other community banking specialties include highly competitive deposit products for business owners, residential mortgages, commercial real estate lending and insurance, investments and money management through its wholly owned subsidiary University Insurance & Investments. In addition to its community banking operations, University Bancorp specializes in mortgage subservicing and mortgage origination primarily serving more than 160 credit unions through the bank s Houghton-based 80 percent owned subsidiary, Midwest Loan Services. University Bancorp is headquartered in Ann Arbor, Mich. It trades on NASDAQ under the symbol UNIB.
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