Finance

University Bank Customer Service Representative Kiara Ellington, Customer Service Supervisor Jori Knight, and Senior Customer Service Representative Jeremiah Muhammed.

Small business 101: How to manage debt best for your business’ success

Accruing debt is part of managing both personal and business finances. However, it is important to understand the best ways to manage debt and the pitfalls to avoid when seeking debt for your business.

Latest in Finance
Laura O'Connor.
Small business 101: 7 guiding principles to help your business succeed

We asked four Washtenaw County-based experts to weigh in on the must-know guiding principles to help your business succeed in 2025.

Gemstone Nails owner Peridot Burke.
Small business 101: Using tech to manage your company’s finances

Using the right financial management technology for your business can be crucial to its success.

Ken Sprinkles, University Bank business banking officer, and Benjamin Bolen, University Bank wealth advisor.
Small business 101: What is the state of your business’ financial health?

Good financial health is a crucial part of running a business of any size. There are multiple factors to consider when evaluating the financial health of your business. 

A mock check representing the funds invested in My Future Fund savings accounts so far.
Washtenaw County students receive $1m in free savings accounts – and another $2m is still available

My Future Fund, a Washtenaw County-wide savings account program for students, invested $1 million in 16,000 free college and career savings accounts in its first year.

Mark Koepf, vice president and director of government guaranteed lending for University Bank, helps a client at University Bank's new Ypsilanti branch.
Business financing 101: Foundational tips for Washtenaw County entrepreneurs

There are numerous requirements and pitfalls to consider when it comes to finding funds for your next business venture. Here's our guide to the basics.

Rickstar Financial founder Richard Griffin.
Ypsi financial planning business serves athletes and entertainers, gives back to community

Rickstar Financial not only provides personal finance services, but also sponsors events and hosts workshops to teach young people about how investment works. 

Liberty FInancial Services founder Eboney Byrne.
Empathy is the secret ingredient in this Ypsi woman’s financial services business

Liberty Financial Services founder Eboney Byrne says "financial literacy is 80% emotional and 20% math."

A promotional image for the HomeBoost program.
New program from Ann Arbor bank provides $15,000 grants to first-time home buyers of color

University Lending Group's HomeBoost program has provided $15,000 grants to approximately 166 first-time home buyers of color.

Students at Erickson Elementary take place in an assembly introducing the My Future Fund program.
All Washtenaw County elementary students to receive $25 in free savings account through new program

Each young participant will start off with a free $25 deposit in a children's savings account, and students from lower-income families can receive an additional $475.

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