 FARMINGTON HILLS, Mich., April 20, 2021 GLOBE NEWSWIRE -- Level One Bancorp, Inc. Level One Nasdaq: LEVL announced that the Board of Directors of Level One declared a quarterly cash dividend of 46.88 per share on its 7.50 Non-Cumulative Preferred Stock, Series B, represented by depositary shares Nasdaq: LEVLP each representing a 1100th interest in a share of the Series B preferred stock. Holders of depositary shares will receive 0.4688 per depositary share. The dividend is payable on May 15, 2021, to shareholders of record at the close of business on April 30, 2021. 