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Unity Bank Opens Lakewood Branch, Plans New Fort Lee Branch
Unity Bank Addresses Ocean County’s Growing Need for Financial Services
LAKEWOOD, N.J. (December 6, 2022) – Unity Bank has opened a new full service branch in Lakewood at 1255 Route 70, expanding its branch network to Ocean County and the state’s fastest growing municipality. Unity also plans to open a Fort Lee branch in January, expanding the bank’s footprint in Bergen County.
Read Story: Unity Opens in Lakewood
CLINTON, N.J. (November 18, 2022) – Unity Bank recently raised a record $8,500 for Family Promise of Hunterdon County and Family Promise of Warren County through the 16th Annual Cruisin’ Bob’s Classic Car Show held at the bank’s Clinton headquarters. The bank donates all proceeds from the car show to the non-profits, in addition to donating volunteer time to coordinate the event.
Read Story: Unity Car Show Raises $8,500
CLINTON, N.J., Nov. 17, 2022 (GLOBE NEWSWIRE) -- Unity Bancorp, Inc. (NASDAQ: UNTY), parent company of Unity Bank, announced that its Board of Directors has declared a cash dividend of $0.11 per common share. Such dividend is payable on December 30, 2022, to shareholders of record as of December 16, 2022.
Read Story: Unity Declares Cash Dividend
CLINTON, N.J. (Oct. 20, 2022) – Banking industry veteran Ryan Peene has joined Unity Bank as Senior Vice President/Chief Depository Officer (CDO), bringing extensive financial services industry leadership experience to the community bank. Peene leads the development and execution of Unity’s retail banking operations and is responsible for the growth and retention of municipal deposit relationships.
Read Story: Ryan Peene Joins Unity Bank
James A. Hughes, President and CEO, commented on the financial results: “We are extremely pleased to announce another record-breaking quarter for Unity Bancorp, where we generated $9.9 million of net income, or $0.93 per diluted share. Steady growth in our loan and deposit franchises continue to drive robust core banking earnings, resulting in an impressive 1.85% ROA and 17.39% ROE. We attribute this success to our valued customer base and our employees’ ability to deliver top-notch financial services to the communities that we serve. While the prospective macro-economic trends are deteriorating given the significant increase in interest rates, we are actively moving to a defensive position to manage our credit exposure.”
Read Story: Unity Reports Earnings of $9.9 Million
Registration is Open for Unity Bank’s Annual Classic Car Show
Benefiting Family Promise
CLINTON, N.J. (August 29, 2022) – Unity Bank is seeking sponsors and classic car owners for the 16th Annual Cruisin’ Bob’s Classic Car Show, which will be held at the bank’s Clinton headquarters Sunday, October 16th from 10:00 a.m. to 2:00 p.m. The car show is held at Unity Bank, 64 Old Highway 22, Clinton.
Read Story: Unity’s Charity Car Show
CLINTON, N.J., Aug. 25, 2022 (GLOBE NEWSWIRE) -- Unity Bancorp, Inc. (NASDAQ: UNTY), parent company of Unity Bank, announced that its Board of Directors has declared a cash dividend of $0.11 per common share. Such dividend is payable on September 23, 2022, to shareholders of record as of September 9, 2022.
Unity Bank Selected as a Top 25 Bank by Bank Director in National
Ranking of the Best Publicly Traded Banks
Unity is ranked 21st in the U.S. & 9th among banks with $1 billion to $5 billion in assets
CLINTON, N.J. (August 5, 2022) – Unity Bancorp, Inc. (Nasdaq: UNTY), parent company of Unity Bank, has been selected for the first time for the national Top 25 Banks ranking published by Bank Director magazine. Unity was number 21 on the ranking of the largest 300 publicly traded banks and number 9 nationally for banks in the $1 billion to $5 billion asset category.
Read Story: Unity Ranked In Top 25 Bank List
Clinton, NJ, July 14, 2022 - Unity Bancorp, Inc. (NASDAQ: UNTY), parent company of Unity Bank, reported net income of $9.5 million, or $0.88 per diluted share, for the quarter ended June 30, 2022, a 12.3% increase compared to net income of $8.4 million, or $0.80 per diluted share for the prior year’s second quarter. For the six months ended June 30, 2022, Unity reported net income of $18.6 million, or $1.74 per diluted share, a 9.7% increase compared to $16.9 million or $1.60 per diluted share for the prior year’s period.
Read Story: Unity Bancorp Reports Quarterly Earnings of $9.5 Million
Unity Bank Added to Membership of US Small-Cap Russell 2000 Index
CLINTON, N.J. (July 12, 2022) – Unity Bancorp, Inc. (Nasdaq: UNTY), parent company of Unity Bank, was added as a member of the U.S. small-cap Russell 2000® Index, widely regarded as a bellwether of the U.S. economy due to its focus on American small businesses.
Read Story: Unity Added to Russell 2000 Index
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Speedbump Modal Called Incorrectly!
Simple Modal Called Incorrectly!