May 7 2015
Unity Bank Funds Purchase, Renovation of Historic Easton Property To Be Named The Penn Building

EASTON, Pa. (May 5, 2015) – Unity Bank has funded Spartan Holdings LLC acquisition and renovation of 101-103 Northampton Street, a mixed-use commercial and residential building in Easton’s downtown historic district. Property owner Peter Georgoutsos soon will rename the property The Penn Building, paying tribute to the city’s founders.

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April 22 2015
Unity Bancorp Reports Net Income Increased 50%

CLINTON, N.J., April 22, 2015 (GLOBE NEWSWIRE) — Unity Bancorp, Inc. (Nasdaq:UNTY), parent company of Unity Bank, reported net income of $1.9 million, or $0.23 per diluted share, for the three months ended March 31, 2015, a 50.0% increase compared to net income of $1.3 million, or $0.17 per diluted share, for the same period a year ago. Return on average assets and average common equity for the quarter were 0.82% and 11.08%, respectively, compared to 0.59% and 9.06% for the same period a year ago.

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April 8 2015
Unity Bank Launches Join Forces Campaign to Benefit 19 Local Charitable Organizations

CLINTON, N.J. (April 1, 2015) – Unity Bank has launched the “Join Forces” campaign that will award nearly $12,000 to 19 local charitable organizations through an online contest highlighting the bank’s commitment to non-profit agencies. The bank is encouraging customers and non-customers alike to visit its website at unitybank.com/joinforces/ where they can vote for their favorite organization.

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April 2 2015
Unity Bank Provides SBA Funding for McCriskin-Gustafson Acquisition of Three Middlesex County Funeral Homes

Unity Bank has provided a significant Small Business Administration (SBA) loan to the McCriskin-Gustafson Home for Funerals of South Plainfield to fund the recent acquisition of three Middlesex County funeral homes. The bank also provided an additional commercial loan to the funeral home to offset the down payment for the acquisition from SJM Partners of Reston, Va. and initial operating and renovation cost.

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February 26 2015
Unity Bancorp Declares Cash Dividend

CLINTON, N.J., Feb. 26, 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 $0.03 per common share. Such dividend is payable on March 31, 2015, to shareholders of record as of March 16, 2015.

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January 29 2015
Unity Bancorp Reports 34% Increase in Quarterly Earnings and 55% Increase in Annual Earnings

CLINTON, N.J., Jan. 29, 2015 (GLOBE NEWSWIRE) — Unity Bancorp, inc. (Nasdaq:UNTY), parent company of Unity Bank, reported net income available to common shareholders of $1.7 million, or $0.20 per diluted share, for the three months ended December 31, 2014, a 34.4% increase compared to net income available to common shareholders of $1.3 million, or $0.17 per diluted share, for the same period a year ago. Return on average assets and average common equity for the quarter were 0.70% and 9.78%, respectively, compared to 0.57% and 8.87% for the same period a year ago.

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January 22 2015
Unity Bank Promotes Debbie Godt to SBA Business Development Manager

CLINTON, N.J. (January 22, 2015) – Unity Bank has promoted Debbie Godt to Small Business Administration (SBA) Business Development Manager, responsible for the bank’s growing SBA lending portfolio within the federal financing program. Godt, a Randolph resident, previously served as Vice President/SBA Business Development Executive and has over 25 years of banking, accounting and finance experience.

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