March 2 2016
Unity Bancorp Announces Repurchase of Subordinated Debentures

CLINTON, N.J., Feb. 29, 2016 (GLOBE NEWSWIRE) -- Unity Bancorp, Inc. (NASDAQ:UNTY), parent company of Unity Bank, announced today that the Company repurchased $5.0 million of its outstanding subordinated debentures on February 26, 2016, reducing its outstanding subordinated debt to $10 million.  The subordinated debentures were repurchased at a price of $0.5475 per dollar, resulting in a pre-tax gain of approximately $2.25 million on the transaction.

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February 25 2016
Unity Bancorp Declares Cash Dividend - 2/25

CLINTON, N.J., Feb. 25, 2016 (GLOBE NEWSWIRE) -- Unity Bancorp, Inc. (NASDAQ:UNTY), parent company of Unity Bank, announced that its Board of Directors has declared a cash dividend of $0.04 per common share.  Such dividend is payable on March 31, 2016, to shareholders of record as of March 17, 2016.

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February 9 2016
Actor Gary Busey Caught Impersonating Unity Bank CEO in New TV Commercial

CLINTON, N.J. (February 9, 2016) – Hollywood mad hatter Gary Busey, blessed with a wild-eyed look and unique perspectives, doesn’t seem to have much in common with Unity Bank President & CEO James A. Hughes. One can be found spouting zany Buseyisms while the other can be found helping a small business with its financial plan.
 

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February 5 2016
Unity Bank SBA Loan Funds New North Brunswick Facility for Somerset Eye Care

NORTH BRUNSWICK, N.J. (February 4, 2016) – Somerset Eye Care has moved to a new location at 2090 Route 27 with the support of a Small Business Administration (SBA) loan from Unity Bank of Clinton. Drs. Bethany and Jonathan Fishbein, South Brunswick residents, opened the practice in 2001 and previously provided services at locations in Somerset and New Brunswick.

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January 27 2016
Unity Bancorp Reports Quarterly Net Income Increased 55% and Annual Earnings Increased 49%

CLINTON, N.J., Jan. 27, 2016 (GLOBE NEWSWIRE) -- Unity Bancorp, Inc. (NASDAQ:UNTY), parent company of Unity Bank, reported increased fourth quarter and year-to-date earnings.   Major contributing factors included strong loan growth, increased deposits and improved credit quality.  Commercial, residential mortgage and consumer lending were up; with over 16% annual growth in total loans

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January 19 2016
Unity Bank SBA Loan Funds Purchase of Ewing’s Historic Freddie’s Tavern

EWING, N.J. (January 19, 2016) – Freddie’s Tavern, a historic township restaurant opened by the Urbano family in 1933, has been purchased by Ewing businessman Bud Patel and his wife, Sweta, with the support of a $1.37 million Small Business Administration (SBA) loan from Unity Bank Unity Bank of Clinton. But don’t expect many immediate changes at the popular tavern.
 

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January 19 2016
Unity Bank Tops All New Jersey Lenders with Nearly $41.8 Million in SBA Loans

CLINTON, N.J. (January 19, 2016) – Unity Bank topped all Small Business Administration (SBA) lenders in New Jersey during the year that ended September 30, 2015, providing $41,769,400 in SBA loans, a loan volume increase of nearly 147 percent from the prior year’s total of $16,914,500. Unity Bank and other lenders will be honored during the SBA New Jersey District Office awards reception on Jan. 28th.

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January 4 2016
Unity Bank Donates $15K to Food Pantries in Central Jersey and Easton

Unity Bank and its employees have donated a total of $15,000 to 15 food pantries in Central Jersey and Easton, Pa., one service organization for each Unity branch. The funds were donated by Unity Bank employees and matched by the bank as part of a special holiday community service project.

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December 9 2015
Unity Bank Provides SBA Funding to Support the Growing Montclair Bikery

MONTCLAIR, N.J. (December 3, 2015) – Unity Bank of Clinton has provided a $496,000 Small Business Administration (SBA) loan to support the growing Montclair Bikery of 145 Valley Road. The 42-year-old bike shop has grown steadily since it was purchased by David Adornato of Verona, a former photographer for The Record and Herald News.

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November 19 2015
Unity Bancorp Declares Cash Dividend

CLINTON, N.J., Nov. 19, 2015 (GLOBE NEWSWIRE) – Unity Bancorp, Inc. (NASDAQ:UNTY), parent company of Unity Bank, announced that its Board of Directors has declared a cash dividend of $0.04 per common share. Such dividend is payable on December 30, 2015, to shareholders of record as of December 15, 2015.

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