May 22 2023
Unity to Open Morris County Branch

Lake Hiawatha Branch Will Provide Community Bank with 21 Retail Locations in New Jersey & Lehigh Valley, Pa.
 
LAKE HIAWATHA, N.J. (May 19, 2023) – Unity Bank is opening a new full service branch in Lake Hiawatha, the community bank’s first location in Morris County and third new retail banking site since December.
 

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May 10 2023
Unity Named to Best Bank List

CLINTON, N.J. (May 9, 2023) – The Independent Community Bankers of America® (ICBA) has selected Unity Bank for its Best-Performing Banks 2023 list, which annually ranks the top community banks in the country.
 

Read Story: Unity Named to Best Bank List


April 17 2023
Unity Reports Earnings of $10.3 Million

Unity Bancorp Reports Quarterly Earnings of $10.3 Million

James A. Hughes, President and CEO, commented on the financial results:

“Today, we are announcing another great quarter for Unity Bancorp, Inc. For the quarter, we realized $10.3 million of net income, or $0.96 per diluted share, reflecting our continued financial strength and resilience in a challenging banking industry landscape. With the largest bank failures since the Great Financial Crisis, this is a time of difficulty for the banking industry. These failures, largely resulting from the challenging interest rate environment, have highlighted the importance of managing risk for banks of all sizes. Fortunately, we have proactively positioned our balance sheet to mitigate the risks associated with this unprecedented rate velocity. Our longstanding commitment to sound risk management and prudent liquidity management has enabled us to provide the financial services our customers and communities rely on. The Company will continue to deliver value for our shareholders by maintaining the strength of our balance sheet and investing in our people and technology to ensure we are well-positioned for the future.”

Read Story: Unity Reports Earnings of $10.3 Million


April 10 2023
Unity Donates $25,000 to AGAR

CLINTON, N.J. (April 10, 2023) – Unity Bank has donated $25,000 to America’s Grow-a-Row (AGAR) as the lead sponsor of the Pittstown non-profit organization’s 2023 Farm to Fork Volunteer Sponsorship program, supporting  the activities of 10,000 volunteers. Unity employees also volunteer several times a year at AGAR’s four Hunterdon County farms.

Read Story: Unity Donates $25,000 to AGAR


March 16 2023
Unity Earns Top 5-Star Rating

BauerFinancial Rating Confirms Unity Bank’s Strength in Available Capital, Profitability and Asset Quality
 

Read Story: Unity Earns Top 5-Star Rating


January 5 2023
Unity Bank Donates $30,400

Unity Bank Donates $30,400 to Food Pantries in NJ and Lehigh Valley
Food Banks in Bergen, Hunterdon, Middlesex, Ocean, Somerset, Union and Warren Counties in N.J. & Northampton County, Pa. Receive Support
 
CLINTON, N.J. (January 3, 2022) – Unity Bank and its employees have donated $30,400 to 19 food pantries in New Jersey and Lehigh Valley, Pennsylvania. The funds were contributed by Unity Bank employees and matched by the bank as part of an annual holiday community service project that was started more than 10 years ago.

Read Story: Unity Bank Donates $30,400


Unity Opens in Lakewood

December 6 2022
Unity Opens in Lakewood

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


Unity Car Show Raises $8,500

November 18 2022
Unity Car Show Raises $8,500

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


August 29 2022
Unity’s Charity Car Show

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


August 5 2022
Unity Ranked In Top 25 Bank List

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

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