LEVEL ONE BANCORP, INC. AND ANN ARBOR BANCORP, INC. COMPLETE MERGER

FARMINGTON HILLS, Michigan and ANN ARBOR, Michigan (January 2, 2020) – Today Level One Bancorp, Inc. (Nasdaq: LEVL)(“Level One Bank”) and Ann Arbor Bancorp, Inc., the privately-owned parent company of Ann Arbor State Bank (together, “AAB”), completed their previously-announced merger transaction. The size of the combined company is approximately $1.8 billion in assets, $1.4 billion […]

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Construction Alert – Friday, Nov. 1 through Wednesday Nov. 6th: William Street between Ashley and North Main will be closed on Friday Nov. 1st to all traffic for road work.

William Street from Ashley to Main Street Closed Friday, Nov. 1st. Access from William St to the gas station will need to be temporarily closed for the day while the patch work in front of the driveway is completed. William St between 1st St and Main St intermittent closures on Monday, Nov. 4th, 2019 through […]

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Apple® iOS 13 Compatibility with A2SB Mobile Application for Remote Deposits.

Apple® iOS 13 Compatibility with A2SB Mobile Application for Remote Deposits. On September 19, 2019, Apple made iOS 13 available to iPhone® users. This new operating system introduces incompatibilities with a module that our Remote Deposit Anywhere App relies on to quickly and accurately capture images of deposited checks. These incompatibilities may result in intermittent […]

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Level One Bancorp, Inc and Ann Arbor Bancorp Inc to Merge!

The Board of Directors of Ann Arbor Bancorp, parent company of Ann Arbor State Bank, have signed a definitive merger agreement with Level One Bancorp. Under the terms of the agreement the Ann Arbor Bancorp shareholders will receive $38.50 per share in an all-cash transaction. Peter Schork, Chief Executive Officer of Ann Arbor State Bank […]

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Wednesday, April 17 – Director Update

The Bank’s Co-Founder, former CEO and former Chairman, Bill Broucek, announced his retirement from the Board of Directors. Having come out of retirement to start the Bank in 2008, he watched us grow from a single office with 17 employees to now 3 branches, an operations center, 56 employees, and assets of over $314 million. […]

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