Stephen Lange Ranzini is a businessperson who founded Michigan Business Development Co. and who has been the head of 7 different companies. Presently, Mr. Ranzini is Chairman, President & Treasurer at Michigan Business Development Co., Chairman of Ann Arbor Insurance Centre and President & Secretary at University Bancorp, Inc., Chairman of Midwest Loan Services, Inc., Chairman & President of University Islamic Financial Corp., President, Chief Executive Officer & Director at University Bank (Ann Arbor, Michigan) and Managing Member at University Lending Group LLC (which are all subsidiaries of University Bancorp, Inc.).

He is also on the board of Newco Bancorp, Inc. and Washtenaw County Economic Development Corp. (Michigan) and Managing Member at University Lending Group LLC and Managing Member at 2621 Carpenter Road LLC.

He previously occupied the position of President for Economic Development Corp.

Stephen Lange Ranzini received an undergraduate degree from Yale University.