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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 Q25DQJyDMfXG5NNeuLESsAyf4ISwunSnafbjEOqEAJmWf1650NPFldqt2SumLPFI
 5hgLEQPyOTDqBblNNufV4g==

<SEC-DOCUMENT>0000811211-08-000043.txt : 20080827
<SEC-HEADER>0000811211-08-000043.hdr.sgml : 20080827
<ACCEPTANCE-DATETIME>20080827171433
ACCESSION NUMBER:		0000811211-08-000043
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20080825
FILED AS OF DATE:		20080827
DATE AS OF CHANGE:		20080827

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			UNIVERSITY BANCORP INC /DE/
		CENTRAL INDEX KEY:			0000811211
		STANDARD INDUSTRIAL CLASSIFICATION:	STATE COMMERCIAL BANKS [6022]
		IRS NUMBER:				382929531
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1205

	BUSINESS ADDRESS:	
		STREET 1:		959 MAIDEN LANE
		CITY:			ANN ARBOR
		STATE:			MI
		ZIP:			48105
		BUSINESS PHONE:		9066359794

	MAIL ADDRESS:	
		STREET 1:		959 MAIDEN LANE
		CITY:			ANN ARBOR
		STATE:			MI
		ZIP:			48105

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	NEWBERRY BANCORP INC
		DATE OF NAME CHANGE:	19920703

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	FORTUNE 44 CO /DE/
		DATE OF NAME CHANGE:	19900401

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			RANZINI STEPHEN LANGE
		CENTRAL INDEX KEY:			0001009037

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-16023
		FILM NUMBER:		081042733

	BUSINESS ADDRESS:	
		STREET 1:		UNIVERSITY BANK
		STREET 2:		959 MAIDEN LANE
		CITY:			ANN ARBOR
		STATE:			MI
		ZIP:			48105
		BUSINESS PHONE:		7347415858

	MAIL ADDRESS:	
		STREET 1:		959 MAIDEN LANE
		CITY:			ANN ARBOR
		STATE:			MI
		ZIP:			48105
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>form4_ex.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0303</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2008-08-25</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0000811211</issuerCik>
        <issuerName>UNIVERSITY BANCORP INC /DE/</issuerName>
        <issuerTradingSymbol>UNIB</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001009037</rptOwnerCik>
            <rptOwnerName>RANZINI STEPHEN LANGE</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>959 MAIDEN LANE</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>ANN ARBOR</rptOwnerCity>
            <rptOwnerState>MI</rptOwnerState>
            <rptOwnerZipCode>48105</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>1</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle>President &amp; CEO</officerTitle>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock, $.01 par valuie</value>
            </securityTitle>
            <transactionDate>
                <value>2008-08-25</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>S</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>27000</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>1.87</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>529868</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
        <nonDerivativeHolding>
            <securityTitle>
                <value>Common Stock, $.01 Par value</value>
            </securityTitle>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>28371</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                    <footnoteId id="F1"/>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>By ESOP</value>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeHolding>
        <nonDerivativeHolding>
            <securityTitle>
                <value>Common Stock, $.01  par value</value>
            </securityTitle>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>39600</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                    <footnoteId id="F2"/>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>By Trust</value>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeHolding>
        <nonDerivativeHolding>
            <securityTitle>
                <value>Common Stock, $.01 par value</value>
            </securityTitle>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>1958757</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                    <footnoteId id="F3"/>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>By L.P.</value>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeHolding>
    </nonDerivativeTable>

    <footnotes>
        <footnote id="F1">Allocation to Reporting Person's account under the Issuer's employee stock ownnership Plan.</footnote>
        <footnote id="F2">Reporting person is co-trustee of the Trust of which he is primary beneficiary with respect to 1/5 of the assets held by the
 Trust and this report shall not be deemed an admission that Reporting
    Person is the benefial owner thereof for purposes of Section 16, or for any other reason.</footnote>
        <footnote id="F3">Reporting person holds a 31.158% limited partnership interest in Orpheous Capital, LP, is trustee of the trust that his
 mother is the primary beneficiary of that holds an additional 15.038%, and is
    co-trustee of the Trust which is the General Partner of Orpheous Capital, LP.  This report shall not be deemed an
 admission that Reporting person is the beneficial owner of the shares held by
    any of the trusts, the Trust or Orpheous Capital, LP for purposes of Section 16, or for any other reason.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>Stephan Lange Ranzini</signatureName>
        <signatureDate>2008-08-27</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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