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Company Release - 5/16/2024 CLINTON, N.J., May 16, 2024 (GLOBE NEWSWIRE) -- Unity Bancorp, Inc. (NASDAQ: UNTY), parent company of Unity Bank, announced that its Board of Directors has declared a cash dividend of $0.13 per common share. Such dividend is payable on June 21, 2024, to shareholders of record as of June 7, 2024.
Read Story: Unity Declares Cash Dividend
James A. Hughes, President & CEO, commented on the financial results: “We are pleased to announce another strong quarter for Unity Bancorp, Inc. For the quarter, we achieved $9.6 million of net income, equivalent to $0.93 per diluted share. Our core deposit franchise has demonstrated steady growth, reinforcing the strength of our balance sheet and contributing to impressive first quarter earnings metrics -- NIM of 4.09%, ROA of 1.58% and ROE of 14.49%.
Read Story: Unity Reports Q1 Earnings
Read Story: Crystal Rose Selected as Lehigh Valley Business Woman of Influence
Unity Bancorp Announces 8% Increase in First Quarter Dividend Company Release - 2/22/2024 CLINTON, N.J., Feb. 22, 2024 (GLOBE NEWSWIRE) -- Unity Bancorp, Inc. (NASDAQ: UNTY), parent company of Unity Bank, announced that its Board of Directors has declared a cash dividend of $0.13 per common share. Such dividend is payable on March 29, 2024, to shareholders of record as of March 15, 2024.
Read Story: Unity Bancorp Declares Cash Dividend
Unity Bank Appoints Industry Veteran Daniel Sharabba as SVP/Senior Retail Officer CLINTON, N.J., June 28, 2023 – Banking industry veteran Daniel Sharabba has joined Unity Bank as Senior Vice President/Senior Retail Officer. The Morris Plains resident is responsible for the development and execution of the community bank’s branch banking operations.
Read Story: Unity Welcomes Sharabba
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.
Read Story: Unity to Open Morris County Branch
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
BauerFinancial Rating Confirms Unity Bank’s Strength in Available Capital, Profitability and Asset Quality
Read Story: Unity Earns Top 5-Star Rating
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 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
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