April 28 2025
Somerset County Business Partnership

Somerset County Business Partnership Announces
Naming Rights Partnership with Unity Bank

Somerset Business Hub Now “Powered by Unity Bank”
at New Downtown Somerville Location

SOMERSET, NJ | APRIL 2025 - Somerset County Business Partnership (SCBP) is proud to announce a multi-year partnership agreement with Unity Bank, which includes exclusive naming rights to the Somerset Business Hub at its new location, 50 Division Street, in downtown Somerville. The partnership highlights Unity Bank’s dedication to supporting local businesses and fostering entrepreneurship within Somerset County.

Read Story: Somerset County Business Partnership


April 21 2025
Unity Named to Hovde List

 Unity Bank Recognized Again on Hovde Group’s High-Performer List
Bank earns spot for the third time in annual ranking of top-performing small banks
 
 

Read Story: Unity Named to Hovde List


April 11 2025
Unity Reports Quarterly Earnings of $11.6 Million

Clinton, NJ -- Unity Bancorp, Inc. (NASDAQ: UNTY), parent company of Unity Bank, reported net income of $11.6 million, or $1.13 per diluted share, for the quarter ended March 31, 2025, compared to net income of $11.5 million, or $1.13 per diluted share for the quarter ended December 31, 2024. This represents a 0.8% increase in net income.

Read Story: Unity Reports Quarterly Earnings of $11.6 Million


March 5 2025
Bauer 5-Star Rating

 
Unity Bank Rated 5-Stars for 9 Consecutive Quarters
 
Clinton, New Jersey - March 2025: Unity Bank, Clinton, NJ proudly acknowledges that it has, once again, received a 5-Star Superior rating from BauerFinancial, the Nation’s Premier Bank Rating Firm. A 5-Star Superior rating indicates that Unity Bank is one of the strongest banks in the nation, excelling in areas of capital, loan quality, profitability and more. This marks the 9th consecutive quarter that Unity Bank has earned this top rating.


 

Read Story: Bauer 5-Star Rating


January 16 2025
Unity Bank Donates $25,000 to Food Pantries

Unity Bank Donates Over $25,000 to Food Pantries Across New Jersey and Pennsylvania
Continuing Over a Decade of Holiday Giving Tradition
 
CLINTON, NJ | January 2025 -  In the spirit of giving, Unity Bank and its employees have donated over $25,000 to 21 food pantries across New Jersey and the Lehigh Valley, Pennsylvania. Each pantry received a $1,200 donation check, continuing the bank's longstanding commitment to supporting local communities during the holiday season.
 

Read Story: Unity Bank Donates $25,000 to Food Pantries


January 15 2025
Unity Reports Quarterly & Full Year Earnings

CLINTON, N.J., Jan. 15, 2025 (GLOBE NEWSWIRE) -- Unity Bancorp, Inc. (NASDAQ: UNTY), parent company of Unity Bank, reported net income of $11.5 million, or $1.13 per diluted share, for the quarter ended December 31, 2024, compared to net income of $10.9 million, or $1.07 per diluted share for the quarter ended September 30, 2024. This represents a 5.5% increase in net income and a 5.6% increase in net income per diluted share. For the twelve months ended December 31, 2024, Unity Bancorp reported net income of $41.5 million, or $4.06 per diluted share, compared to net income of $39.7 million, or $3.84 per diluted share, for the twelve months ended December 31, 2023. This represents a 4.4% increase net income and a 5.7% increase in net income per diluted share.

Read Story: Unity Reports Quarterly & Full Year Earnings


November 26 2024
Roche Named Rising Star

Unity Bank’s Amanda Roche Honored as a New Leader in Banking by NJ Bankers Association
Prestigious Recognition Celebrates Rising Stars in New Jersey’s Banking Industry
 
CLINTON, NJ | November 2024 -  Unity Bank proudly announces that Amanda Roche, Vice President and Finance Department Supervisor, has been recognized as a 2024 New Leader in Banking by the New Jersey Bankers Association (NJBankers). This esteemed award honors outstanding young professionals who are making significant contributions to the New Jersey banking sector.
 

Read Story: Roche Named Rising Star


November 14 2024
EV Charging at Unity

Unity Bank Expands Sustainability Commitment with New EV Charging Stations

Charge your car while you charge up with a cup of coffee

CLINTON, NJ | October 2024 - Start your journey with a boost -  for both you and your electric vehicle - at Unity Bank's new EV charging stations, now open to the public at its Clinton, New Jersey headquarters. The stations can accommodate up to four vehicles and are part of the Lynkwell charging network. EV drivers are invited to enjoy complimentary beverages from the Unity Bank café during business hours while their vehicles charge. Employees and customers of the bank will also benefit from a special discount on charging fees. 

Read Story: EV Charging at Unity


October 11 2024
Unity Reports Quarterly Earnings of $10.9 Million

Clinton, NJ -- Unity Bancorp, Inc. (NASDAQ: UNTY), parent company of Unity Bank, reported net income of $10.9 million, or $1.07 per diluted share, for the quarter ended September 30, 2024, compared to net income of $9.5 million, or $0.93 per diluted share for the quarter ended June 30, 2024. This represents a 15.3% increase in net income and a 15.1% increase in net income per diluted share. For the nine months ended September 30, 2024, Unity Bancorp reported net income of $29.9 million, or $2.94 per diluted share, compared to net income of $29.9 million, or $2.88 per diluted share, for the nine months ended September 30, 2023. This represents no change in net income and a 2.1% increase in net income per diluted share, reflecting the Company’s repurchase of outstanding shares.

Read Story: Unity Reports Quarterly Earnings of $10.9 Million


September 26 2024
Unity Awards FHLB Grants

Unity Bank Awards $50,000 in Grants to Local Businesses Through FHLB Small Business Recovery Grant Program
 
Supporting Local Businesses Through Economic Challenges
 
CLINTON, NJ | September 2024 - Unity Bank is proud to announce that five local businesses have each been awarded $10,000 grants through the Federal Home Loan Bank of New York (FHLB) Small Business Recovery Grant (SBRG) Program.

Read Story: Unity Awards FHLB Grants

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