June 1 2022
Unity COO Named NJBIZ ICON Honoree

Unity Bank’s COO John Kauchak Named NJBIZ ICON Award Winner

CLINTON, N.J. (June 1, 2022) – Unity Bank Chief Operating Officer/Executive Vice President John Kauchak has been selected as a recipient of the NJBIZ 2022 ICON Award. The honor recognizes leaders over the age of 60 from New Jersey financial services and other industries for work throughout their careers.

Read Story: Unity COO Named NJBIZ ICON Honoree


May 9 2022
Unity Bank Names Industry Veteran Jim Donovan Chief Lending Officer

CLINTON, N.J. (May 9, 2022) – Banking industry veteran Jim Donovan has joined Unity Bank as Chief Lending Officer (CLO), bringing more than 35 years of financial services industry leadership experience to the community bank.

Read Story: Unity Bank Names Industry Veteran Jim Donovan Chief Lending Officer


April 28 2022
Allen Tucker Board Retirement Announcement

Unity Bank Board Vice Chairman Allen Tucker Retires,
Succeeded by Son Aaron

Active in Banking and Real Estate for More than 50 Years, Allen Tucker Served as a
Unity Director since 1995

CLINTON, N.J. (April 28, 2022) – Unity Bancorp, Inc. (NASDAQ: UNTY), parent company of Unity Bank, today announced that Allen Tucker, 95, has retired as Vice Chairman of its Board of Directors. Tucker had been a member of the Unity Board since 1995.

Read Story: Allen Tucker Board Retirement Announcement


April 28 2022
Unity Announces 10% Increase in Q2 Cash Dividend

Unity Bancorp Announces 10% Increase in Second Quarter Cash Dividend,
Up 22% from Prior Year

CLINTON, N.J., April 28, 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 June 24, 2022, to shareholders of record as of June 10, 2022.

Read Story: Unity Announces 10% Increase in Q2 Cash Dividend


April 14 2022
Unity Bancorp Reports Quarterly Earnings of $9.1 Million

Clinton, NJ, April 14, 2022 - Unity Bancorp, Inc. (NASDAQ: UNTY), parent company of Unity Bank, reported net income of $9.1 million, or $0.85 per diluted share, for the quarter ended March 31, 2022, a 7.2 percent increase compared to net income of $8.5 million, or $0.80 per diluted share for the prior year’s first quarter.

Read Story: Unity Bancorp Reports Quarterly Earnings of $9.1 Million


March 31 2022
Unity Bank Promotes Alvita Ayers to Vice President/SBA Manager

Unity Bank Promotes Phillipsburg’s Alvita Ayers to Vice President/SBA Manager

CLINTON, N.J. (March 31, 2022) – Unity Bank has promoted Phillipsburg resident Alvita A. Ayers to Vice President/SBA Manager. In collaboration with Unity’s senior management, Ayers develops and implements strategies to prudently grow the bank’s Small Business Administration (SBA) loan portfolio and meet existing and emerging customer needs.

Read Story: Unity Bank Promotes Alvita Ayers to Vice President/SBA Manager


March 22 2022
Unity Bank & NID HCA Partnership

Unity Bank Donates $5,000 to NID Housing Counseling Agency, Continuing Community
Education Partnership

NID-HCA Helps NJ & Lehigh Valley Residents Through All Phases of the
Homeownership Cycle

CLINTON, N.J. (March 22, 2022) – For the second year in a row, Unity Bank has donated $5,000 to the NID Housing Counseling Agency (NID-HCA), a U.S. Department of Housing and Urban Development (HUD) approved national network of housing counselors and community-development consultants with offices in Plainfield and Allentown, Pa. Unity is partnering with the agency to supplement the bank’s Low-Moderate Income Mortgage Program.

Read Story: Unity Bank & NID HCA Partnership


February 28 2022
Unity Opens Lakewood Lending Office

Unity Bank Opens Lakewood Office for Growing Commercial &
Residential Lending Team

Community Bank Selects State’s Fastest Growing Municipality for Southernmost Office

LAKEWOOD, N.J. (February 28, 2022) – Unity Bank has opened a commercial and residential lending office in Lakewood, expanding the Hunterdon County-headquartered community bank’s services and presence in New Jersey’s fastest growing municipality. The bank’s new Ocean County facility is located at 1255 Route 70 at the intersection with Airport Road, Unity’s southernmost office location.

Read Story: Unity Opens Lakewood Lending Office


February 24 2022
Unity Bancorp Declares Cash Dividend 2/2022

CLINTON, N.J., Feb. 24, 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 $0.10 per common share. Such dividend is payable on March 25, 2022, to shareholders of record as of March 11, 2022.

Read Story: Unity Bancorp Declares Cash Dividend 2/2022


February 18 2022
Unity Donates $25,000 to Grow-A-Row

Unity Bank Partners with America’s Grow-A-Row & Donates $25,000
for Volunteer Program

Non-Profit Delivered 9.6 Million Servings of Fresh Produce to Those Faced with Hunger
and Food Insecurity During Recent Harvest Season

CLINTON, N.J. (February 18, 2022) – Unity Bank has launched a partnership program with America’s Grow-A-Row (AGAR), donating $25,000 as the lead sponsor of the Pittstown non-profit organization’s 2022 Farm to Fork Volunteer Sponsorship program, supporting the activities of more than 9,000 volunteers who help to harvest and distribute over 2.4 million pounds of free fresh produce to people in need in nine states. Unity employees also volunteer several times a year at AGAR’s four Hunterdon County farms.

Read Story: Unity Donates $25,000 to Grow-A-Row