STOCK TITAN

University Bank Named a 2026 USA TODAY Top Workplace

(Positive)
Tags

University Bank (OTCQB:UNIB) was named a 2026 USA TODAY Top Workplace, its second consecutive year receiving the award. The recognition is based entirely on confidential employee feedback collected via an independent survey.

As of March 31, 2026, University Bank reported 533 full-time equivalent employees. The Top Workplaces program invited more than 42,000 organizations nationwide and recognizes employers with 150+ employees for strong employee engagement and trust in leadership.

Loading...
Loading translation...

Positive

  • None.

Negative

  • None.

News Market Reaction – UNIB

-2.17%
-2.17% Session close to close

In the May 6 session, UNIB declined 2.17%, reflecting a moderate negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google

ANN ARBOR, MI / ACCESS Newswire / April 30, 2026 / University Bancorp, Inc. (OTCQB:UNIB or "UNIB") announced that its wholly-owned subsidiary, University Bank, has been named a 2026 USA TODAY Top Workplace, an honor that recognizes organizations known for putting their people first. University Bank has won the USA Today Top Workplace Award two years in a row, having also won in 2025. The award, based entirely on confidential employee feedback, is measured through an independent survey. Employees shared their perspectives on feeling valued, having clear direction, trusting leadership and staying engaged at work - critical elements that reflect a strong, healthy workplace culture and which drive organizational success.

"This recognition is especially meaningful because it solely reflects the voices of our employees," said Stephen Lange Ranzini, President and Chief Executive Officer of University Bank. "Our team is the driving force behind our success, and we take pride in fostering a culture throughout the entire organization that supports professional growth and empowers people to do their best work."

This national recognition highlights organizations with 150 or more employees that demonstrate a strong commitment to employee engagement and open feedback. As of March 31, 2026, University Bank had 533 full-time equivalent employees. More than 42,000 organizations nationwide were invited to participate in the 2026 USA TODAY Top Workplaces program.

About UNIB
Ann Arbor-based University Bancorp is a Federal Reserve regulated financial holding company that owns:

  • 100% of University Bank, a bank based in Ann Arbor, Michigan;

  • 100% of Crescent Assurance, PCC, a captive insurance company licensed in Washington DC; and

  • 100% of Hyrex Servicing, a master mortgage servicing firm, based in Ann Arbor, Michigan.

  • UIF, a faith-based banking firm based in Southfield, MI.

In addition, UNIB recently announced that it had agreed to purchase Bank of Whittier, N.A. (BOW) to expand its faith-based banking business.

University Bank together with its Michigan-based subsidiaries, holds and manages a total of over $35 billion in financial assets for over 180,000 customers, and our 533 employees make us the 5th 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 quality, creative and innovative services. Founded in 1890, University Bank® is the 15th oldest bank headquartered in Michigan. We are 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;

  • Community Banking, based in Ann Arbor, MI, which provides traditional community banking services and wealth management;

  • Ann Arbor Insurance Centre, an independent insurance agency based in Ann Arbor, MI.

  • Mortgage Warehouse Lending, a mortgage warehouse lender based in Southfield, MI.

In addition, University Bank owns 49.999% of Credit Union Trust, a trust bank and wealth manager based in Troy, MI.

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

A detailed income statement, balance sheet and other financial information for UNIB and University Bank as of 3/31/2026 is available here: https://www.university-bank.com/wp-content/uploads/2026/04/UNIB-University-Bank-Detailed-Financial-Supplemental-Information-March-2026.pdf.

University Bank's FDIC Quarterly Call Report, with substantial additional information including loan origination, loan investment composition, delinquency ratios and Tier 1 Capital ratios for 3/31/2026 is available here: https://cdr.ffiec.gov/public/ManageFacsimiles.aspx

CAUTIONARY STATEMENT: This press release contains certain forward-looking statements that involve risks and uncertainties. Forward-looking statements include, but are not limited to, statements concerning future growth in assets, future profitability, efficiencies and economies of scale from the merger, the sustainability of past results, future products, valuations, economic, market or industry conditions, and other expectations and/or goals. Such statements are subject to certain risks and uncertainties which could cause actual results to differ materially from those expressed or implied by such forward-looking statements, including, but not limited to, economic, competitive, governmental and technological factors affecting our operations, markets, products, services, interest rates and fees for services, or the operations of companies that we invest in. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The BOW transaction and other acquisitions are subject to receipt of all necessary regulatory approvals. We undertake no obligation to update any information or forward-looking statement.

Contact: Stephen Lange Ranzini, President and CEO
Phone: 734-741-5858, Ext. 9226
Email: ranzini@university-bank.com

###

SOURCE: University Bancorp, Inc.



View the original press release on ACCESS Newswire

FAQ

What does University Bank's 2026 USA TODAY Top Workplace award mean for UNIB employees?

The award indicates employees reported positive engagement and trust in leadership. According to University Bank, confidential survey responses highlighted feeling valued, clear direction, and engagement across the organization, reflecting the bank's focus on professional growth and workplace culture.

How many employees did University Bank report when it won the 2026 Top Workplace award (UNIB)?

University Bank reported 533 full-time equivalent employees as of March 31, 2026. According to University Bank, that workforce size exceeds the 150-employee minimum for the national Top Workplaces program's eligibility criteria.

Was University Bank previously recognized by USA TODAY before 2026 (UNIB)?

Yes. University Bank won the USA TODAY Top Workplace award in 2025 as well. According to University Bank, the 2026 honor marks the second consecutive year receiving this employee-feedback-based recognition.

How is the USA TODAY Top Workplace award determined for companies like UNIB?

The award is based entirely on confidential employee feedback measured through an independent survey. According to University Bank, the survey gathers perspectives on engagement, trust in leadership, clear direction, and feeling valued.

How many organizations were invited to participate in the 2026 USA TODAY Top Workplaces program?

More than 42,000 organizations nationwide were invited to participate in 2026. According to University Bank, the program evaluates eligible employers with 150 or more employees using confidential employee survey data.