UIF Corporation
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UIF Corporation
UIF Corporation (UIF) is an American financial service company headquartered in Southfield, Michigan. It provides residential and commercial financing based on faith based principles for the religious minorities who for religious beliefs want to avoid paying or receiving fixed interest contracts. UIF, is the first faith based banking subsidiary run entirely on faith based principles and offers faith based commercial real-estate financing and home financing through their Partnership, Murabaha and Ijara programs. UIF has received national media attention from NPR and The New York Times for its unique services. UIF’s faith based lending program has been highlighted in a speech of the Federal Reserve Bank of New York and in the official magazine of the Federal Reserve Bank of Richmond. Products offered UIF currently offers faith based financing in the following states California, Colorado, Connecticut, Florida, Georgia, Illinois, Indiana, Kansas, Kentucky, Maryland, Massachusett ...
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University Bank
University Bank is a community bank headquartered in Ann Arbor, Michigan. The bank was founded in 1890 in Newberry, Michigan, as The Newberry Bank and renamed The Newberry State Bank on May 3, 1908. In 1995, the bank sold its assets, adopted its current name, and moved to Ann Arbor. Its headquarters are in the Leander J. Hoover Mansion. The bank is fully owned by University Bancorp. Along with its Michigan-based subsidiaries, the bank holds and manages more than $30.5 billion in financial assets for more than 163,000 customers. It has more than 500 employees. History University Bank was founded in 1890 as the Newberry Bank, the only bank in the Upper Peninsula of Michigan, Upper Peninsula town of Newberry, Michigan. In 1908, it received a bank charter from the state of Michigan and changed its name to the Newberry State Bank. In 1988, the University Bancorp bank holding company owned by Stephen Lange Ranzini and Joseph Ranzini acquired controlling interest in the bank. Unde ...
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