Stephen Lange Ranzini is President & CEO of University Bank of Ann Arbor, Michigan whose 339 employees manage over $18 billion in assets for over 111,000 customers nationwide.� He played the leading role in the bank’s acquisition in 1988 when he became the nation’s youngest bank holding company President at age 23, a position he has held since.� At that time University Bank had $34 million in assets and 21 employees and it has grown through the creation of niche financial services businesses.� University Bank was selected as "Community Bankers of the Year" by both American Banker magazine and the American Bankers Association. �For the past 5 years University Bank’s annual revenue grew an average of 20%.� American Banker newspaper noted University Bank as the second most profitable publicly traded community bank in the U.S. based on its 18.75% annual average Return on Equity over the period 2012 to 2014.� University Bank’s five year average Return on Equity is 15.1%, for the past 12 months it has been 27.9%, and annualized return on equity in the first nine months of 2015 was 38.1%.An inventor, Stephen holds two patents related to internet security and is a recognized expert in financial services technology. �He has architected next generation bank-centric Internet-based payment systems that incorporate federated identity management web services and has served on various key national and international technology standards setting bodies for the financial services industry including those at the United Nations, ANSI, ISO and Federal Reserve.Stephen graduated from Yale on scholarship.
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