October 19 2018
Unity Bank Funds $3.6 Million Expansion for Hudson Gas in Union City

UNION CITY, N.J. (August 13, 2018) – Unity Bank has provided a $3.6 million Small Business Administration (SBA) loan to Ashraf Soliman of Cliffside Park for the renovation and expansion of Hudson Gas & Auto Service, Inc. at 3200 Kennedy Boulevard in Union City. The near 10,000-square-foot lot will include a Sunoco gas station, convenience store and two-bay mechanic’s garage upon completion.
 

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October 18 2018
Unity Bancorp Reports Quarterly Earnings up 46% over Prior Year

Clinton, NJ, October 18, 2018 - Unity Bancorp, Inc. (NASDAQ: UNTY), parent company of Unity Bank, reported net income of $5.5 million, or $0.50 per diluted share, for the quarter ended September 30, 2018, compared to $3.8 million, or $0.35 per diluted share, for the prior year’s third quarter. Approximately $775 thousand, or $0.07 per diluted share, of this increase is attributed to the lower effective tax rate due to the tax reform bill.

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September 24 2018
Unity Bank Selected for the Sandler O'Neill Sm-All Stars Class of 2018

CLINTON, N.J. (September 21, 2018) – Unity Bancorp, Inc. (NASDAQ: UNTY), the parent company of Unity Bank, has been named to the Sandler O'Neill Sm-All Stars Class of 2018. Unity was one of only 30 publicly traded banks and thrifts – and one of only two banks headquartered in New Jersey – to be recognized.
 

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September 17 2018
Unity Bank Provides $350,000 SBA Loan for Bridgeside Deli and Catering

BALDWIN, N.Y. (September 17, 2018) – Unity Bank has provided a $350,000 Small Business Administration (SBA) loan to Michael Coons and Joseph Trinchetta to fund the purchase and expansion of Bridgeside Deli and Catering, 1156 Atlantic Avenue, Baldwin, New York.
 

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August 23 2018
Unity Bancorp Declares Cash Dividend

CLINTON, N.J., Aug. 23, 2018 (GLOBE NEWSWIRE) -- Unity Bancorp, Inc. (NASDAQ: UNTY), parent company of Unity Bank, announced that its Board of Directors has declared a cash dividend of $0.07 per common share.  Such dividend is payable on September 28, 2018, to shareholders of record as of September 14, 2018.

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July 31 2018
Unity Bank To Introduce New Bethlehem Branch Team

BETHLEHEM, Pa. (July 23, 2018) – Unity Bank recently opened its first Bethlehem branch, second in the Lehigh Valley, and will introduce its new team during a special community event Saturday, July 28th featuring a live broadcast from Spin Radio 107.1 WWYY-FM. The family-friendly program will include free food, face painting and balloon art from 9 a.m. until Noon at the 2850 Easton Avenue location.
 

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July 31 2018
Unity Bank’s 12th Annual Classic Car Show Raises A Record $8,500

CLINTON, N.J. (July 31, 2018) – It was a record-setting year for the Unity Bank annual fundraiser for Family Promise of Hunterdon County and Family Promise of Warren County with $8,500 raised at the bank’s recent 12th Annual Cruisin’ Bob's Classic Car Show. The funds were raised through sponsorships, food sales and registration fees to compete in the classic car competition with Unity Bank underwriting expenses.
 

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July 31 2018
Unity Bank Tethered Balloon Rides at Warren County Farmers’ Fair

CLINTON, N.J. (July 23, 2018) – Unity Bank has donated its balloon to offer tethered balloon rides at the 81st Annual Warren County Farmers’ Fair to be held July 28 – August 4 in Harmony Township. Donations for the tethered balloon rides will benefit the Fred Grotenhuis Drone Pilot Scholarship Program for students seeking Remote Pilot Certification from the Federal Aviation Administration (FAA) to operate drone vehicles commercially.

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July 19 2018
Unity Bancorp Reports Quarterly Earnings up 56% over prior Year

Clinton, NJ, July 19, 2018 - Unity Bancorp, Inc. (NASDAQ: UNTY), parent company of Unity Bank, reported net income of $5.4 million, or $0.49 per diluted share, for the quarter ended June 30, 2018, compared to $3.4 million, or $0.32 per diluted share, for the prior year’s second quarter. Approximately $794 thousand, or $0.07 per diluted share, of this increase is attributed to the lower effective tax rate due to the tax reform bill.

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June 27 2018
Unity Bank Again Receives Prestigious 5-Star Rating

CLINTON, N.J., June 27, 2018 (GLOBE NEWSWIRE) -- For the fifth consecutive quarter, Unity Bank has received the prestigious “5-Star Rating” from BauerFinancial, Inc., the nation’s leading independent bank and credit union rating and research firm. The 5-Star rating is the highest ranking the banking industry research firm can assign a financial institution.

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