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


January 21 2022
Unity Reports Record Breaking Earnings

Clinton, NJ, January 20, 2022 - Unity Bancorp, Inc. (NASDAQ: UNTY), parent company of Unity Bank, reported net income of $9.7 million, or $0.92 per diluted share, for the quarter ended December 31, 2021, a 32.7 percent increase compared to net income of $7.3 million, or $0.69 per diluted share for the prior year’s fourth quarter. For the year ended December 31, 2021, Unity reported net income of $36.1 million, or $3.43 per diluted share, compared to net income of $23.6 million, or $2.19 per diluted share for the year ended December 31, 2020.

Read Story: Unity Reports Record Breaking Earnings


December 27 2021
Unity Bank Donates $34,200 to Food Pantries

Unity Bank Donates $34,200 to Food Pantries in NJ and Lehigh Valley

Bergen, Hunterdon, Middlesex, Somerset, Union and Warren Counties in
N.J. and Northampton County, Pa. Food Banks Receive Support

CLINTON, N.J. (December 27, 2021) – Unity Bank and its employees have donated $34,200 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 a special annual holiday community service project that was started more than 10 years ago.

Read Story: Unity Bank Donates $34,200 to Food Pantries


November 18 2021
Unity Bancorp Announces 11% Increase in Fourth Quarter Cash Dividend

Unity Bancorp Announces 11% Increase in Fourth Quarter Cash Dividend,
Up 25% from Prior Year

CLINTON, N.J., Nov. 18, 2021 (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 December 31, 2021, to shareholders of record as of December 17, 2021.

Read Story: Unity Bancorp Announces 11% Increase in Fourth Quarter Cash Dividend


November 4 2021
Unity Bank’s Car Show Raises $8,000

Unity Bank’s Car Show Raises $8,000 for Family Promise of
Hunterdon and Warren Counties

CLINTON, N.J. (November 4, 2021) – Unity Bank has donated $8,000 to Family Promise of Hunterdon County and Family Promise of Warren County, the proceeds from the 15th 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 Bank’s Car Show Raises $8,000


October 20 2021
Union Branch Ribbon Cutting

CENTURION Union Center, Community Leaders Welcome
New Unity Bank Branch Location in Union Township

UNION, N.J. (October 20, 2021) – Community and business leaders joined Unity Bank and the Union Township Chamber of Commerce to celebrate the bank’s new branch location at CENTURION Union Center.

Read Story: Union Branch Ribbon Cutting


October 15 2021
Unity Reports Record Quarterly Earnings

Clinton, NJ, October 15, 2021 - Unity Bancorp, Inc. (NASDAQ: UNTY), parent company of Unity Bank, reported net income of $9.5 million, or $0.90 per diluted share, for the quarter ended September 30, 2021, a 64.2% increase compared to net income of $5.8 million, or $0.54 per diluted share for the prior year’s third quarter. For the nine months ended September 30, 2021, Unity reported net income of $26.4 million, or $2.50 per diluted share, a 61.8% increase compared to net income of $16.3 million or $1.50 per diluted share for the prior year’s period.

Read Story: Unity Reports Record Quarterly Earnings


October 6 2021
ADC of Somerset Honors Unity Bank CEO

Adult Day Center of Somerset County will Honor Unity Bank
President & CEO James A. Hughes at the 2021 Generations Gala

Fundraiser to be held November 16th at The Palace at Somerset Park

CLINTON, N.J. (October 6, 2021) – The Adult Day Center (ADC) of Somerset County will honor Unity Bank President & CEO James A. Hughes at the Generations Gala to be held 6 p.m., Tuesday, November 16th at The Palace at Somerset Park. ADC is a nonprofit agency providing compassionate day care services for vulnerable seniors, adults living with a disability or dementia-related illness, as well as support and education for their caregiving families..

Read Story: ADC of Somerset Honors Unity Bank CEO