CXI

University Bancorp (UNIB) increased its stake in Currency Exchange International (CXI) by approximately 0.48%, reaching about 12.02% ownership. The company acquired shares on both the Toronto Stock Exchange and the OTC Markets. UNIB views its CXI holdings as an investment, subject to ongoing review, and may consider various strategic options. The announcement follows UNIB’s strong 2024 financial results and highlights its position as a significant financial holding company in Michigan.