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CLINTON, N.J. (July 31, 2019) – Unity Bank recently raised a record $8,000 for Family Promise of Hunterdon County and Family Promise of Warren County through their 13th 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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Clinton, NJ, July 18, 2019 - Unity Bancorp, Inc. (NASDAQ: UNTY), parent company of Unity Bank, reported net income of $5.8 million, or $0.53 per diluted share, an 8.2 percent increase, for the quarter ended June 30, 2019, compared to $5.4 million, or $0.49 per diluted share for the prior year’s second quarter. For the six months ended June 30, 2019, Unity reported net income of $11.6 million, or $1.05 per diluted share, a 7.1 percent increase compared to $10.6 million or $0.98 per diluted share for the prior year’s period.
BETHLEHEM, Pa. (July 18, 2019) – Unity Bank has appointed Lance Colondo of Nazareth to the position of Relationship Manager and Assistant Vice President for its Bethlehem Branch at 2850 Easton Avenue. Colondo, a resident of the Lehigh Valley for more than 30 years, is the current Mayor of Nazareth.
CLINTON, N.J., July 16, 2019 (GLOBE NEWSWIRE) -- Unity Bancorp, Inc. (NASDAQ: UNTY), parent company of Unity Bank, today announced that its Board of Directors has approved a new Share Repurchase Program. Under this new program, the Company may repurchase up to 525,000 shares, or approximately 5% of its common stock. The timing and amount of purchases will be dictated by a number of factors, including the trading price of the Company’s common stock. This new program replaces the Company’s prior share repurchase program, which will be terminated.
CLINTON, N.J. (June 20, 2019) – Unity Bank has expanded its Small Business Administration (SBA) lending team with the addition of Thomas E. Lilley as Vice President/SBA Business Development Manager and Andrew Leahy as Vice President/SBA Business Development Executive.
CLINTON, N.J. (May 6, 2019) – Unity Bancorp, Inc. (NASDAQ: UNTY), the parent company of Unity Bank, was the top ranked New Jersey community bank on the recently published American Banker magazine list of the Top 200 Publicly Traded Community Banks. Unity was ranked 13th nationally on the respected industry list, which reviewed 601 institutions throughout the U.S.
CLINTON, N.J. , April 25, 2019 (GLOBE NEWSWIRE) -- Unity Bancorp, Inc. (NASDAQ: UNTY), parent company of Unity Bank, announced that its Board of Directors has declared a cash dividend of $0.08 per common share. Such dividend is payable on June 28, 2019, to shareholders of record as of June 14, 2019.
CLINTON, N.J., April 18, 2019 (GLOBE NEWSWIRE) -- Unity Bancorp, Inc. (NASDAQ: UNTY), parent company of Unity Bank, reported net income of $5.7 million, or $0.52 per diluted share, for the quarter ended March 31, 2019, compared to $5.2 million, or $0.48 per diluted share, for the prior year’s quarter.
For the seventh consecutive year, Unity Bank is the title sponsor of Family Promise of Hunterdon County’s Annual Box City fundraiser to help the homeless. The bank recently presented Family Promise with a $3,000 donation.
STAFFORD TOWNSHIP, N.J. (March 20, 2019) – Unity Bank has provided a Small Business Administration (SBA) loan to Amber and Kalil O’Neal of Barnegat to fund the opening of Little Graduates Preschool and Learning Center L.L.C. at 935 North Main Street. Based in Clinton, Unity has branches in Bergen, Hunterdon, Middlesex, Somerset, Union and Warren counties in New Jersey and Lehigh and Northampton counties in Pennsylvania.
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