A Sunrise Community Bank
Date: 9/7/2010
   


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University Bank
200 University Avenue W.
St. Paul, MN 55103

Lobby Hours:
Monday-Friday:
9:00 a.m. - 5:00 p.m.

Drive-thru & Walk-up Hours:
Monday-Friday:
7:30 a.m. - 6:00 p.m.
Saturday:
9:00 a.m. - Noon

Switchboard (651-265-5600):
Monday-Friday:
8:30 a.m. - 5:00 p.m.
Community Impact

New Homeowners:

Dawn Streitz and
Gary Holdaway

We are proud to introduce you to Dawn Streitz and Gary Holdaway, one of the many families who benefited from the program! Dawn and Gary are shown here in front of their newly purchased home which represented a first class renovation and remodeling effort by the team at GMHC.

This is a great example of what the program is all about: enriching communities and strengthening neighborhoods by providing revitalized affordable housing of quality to good people like Dawn and Gary.

SUNRISE HOMEOWNERSHIP ALLIANCE UPDATE

As you recall from our last newsletter, the Sunrise Homeownership Alliance is a collaboration between University Bank, Family Housing Fund, Greater Metropolitan Housing Corporation (GMHC), and Dayton's Bluff Neighborhood Housing Services (DBNHS). It is a model for how private, public, and non-profit sectors can team up to address an important need in our community, such as affordable housing and neighborhood revitalization.

University Bank is pleased to announce that the Alliance has already resulted in SIX FAMILIES ACHIEVING HOME OWNERSHIP, and we expect that number to double in the next two months.

GMHC and DBNHS operate a special contract for deed program with financial support from University Bank and the Family Housing Fund. The goal is to assist qualified applicants with an opportunity to attain the dream of home ownership. Properties are available from an existing inventory of homes which the non- profits have already purchased and renovated. For further information, please contact GMHC directly and ask about the Sustainable Home Ownership Program (SHOP). The phone number is 651-793-8901.

As a depositor at University Bank, you can help support these initiatives by electing to participate in our Socially Responsible Deposit Fund.












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Transaction Account Guarantee Program

University National Bank is participating in the FDIC’s Transaction Account Guarantee Program. Under that program, through December 31, 2010, all non-interest-bearing transaction accounts are fully guaranteed by the FDIC for the entire amount in the account. Coverage under the Transaction Account Guarantee Program is in addition to and separate from the coverage available under the FDIC’s general deposit insurance rules. More >>