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


September 8 2021
Unity Bank's 15th Annual Classic Car Show

Unity Bank’s 15th Annual Classic Car Show
Benefiting Family Promise Will Be Held October 17th

CLINTON, N.J. (September 8, 2021) – Unity Bank is seeking sponsors and classic car owners for the 15th Annual Cruisin’ Bob’s Classic Car Show, which will be held at the bank’s Clinton headquarters October 17th from 10:00 a.m. to 2:00 p.m. All proceeds from car show sponsorships, car registrations, 50/50 raffle and food sales will benefit Family Promise of Hunterdon County and Family Promise of Warren County.

Read Story: Unity Bank's 15th Annual Classic Car Show


August 26 2021
Unity Bancorp Declares Cash Dividend 8/2021

CLINTON, N.J., Aug. 26, 2021 - Unity Bancorp, Inc. (NASDAQ: UNTY), parent company of Unity Bank, announced that its Board of Directors has declared a cash dividend of $0.09 per common share. Such dividend is payable on September 24, 2021, to shareholders of record as of September 10, 2021.

Read Story: Unity Bancorp Declares Cash Dividend 8/2021


July 14 2021
Unity Bancorp Reports Quarterly Earnings of $8.4 Million

Clinton, NJ, July 14, 2021 - Unity Bancorp, Inc. (NASDAQ: UNTY), parent company of Unity Bank, reported net income of $8.4 million, or $0.80 per diluted share, for the quarter ended June 30,2021, a 62.8% increase compared to net income of $5.2 million, or $0.47 per diluted share for the prior year’s second quarter. For the six months ended June 30, 2021, Unity reported net income of $16.9 million, or $1.60 per diluted share, a 60.5% increase compared to $10.5 million or $0.96 per diluted share for the prior year’s period.

Read Story: Unity Bancorp Reports Quarterly Earnings of $8.4 Million

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