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Article: University Bank Scores ``Outstanding'' for Community Reinvestment; Big Numbers for Tiny Bank.
- Article from:
- Business Wire
- Article date:
- June 9, 2003
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Business Editors
ANN ARBOR, Mich.--(BUSINESS WIRE)--June 9, 2003
Ann Arbor based University Bank earned the coveted "Outstanding" rating subsequent to its Community Reinvestment Act ("CRA") evaluation recently conducted by the Federal Deposit Insurance Corporation ("FDIC"). According to the most recent information available on the FDIC's web site at fdic.gov, only 16 other FDIC evaluated banks out of 100 in the State of Michigan, in addition to University Bank, share this highest rating. University Bank is the ONLY other FDIC evaluated bank in Washtenaw County with a grade of Outstanding for its CRA activities.
According to the Report of ...