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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
CLINTON, N.J. (November 18, 2022) – Unity Bank recently raised a record $8,500 for Family Promise of Hunterdon County and Family Promise of Warren County through the 16th 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 Car Show Raises $8,500
Registration is Open for Unity Bank’s Annual Classic Car Show Benefiting Family Promise
CLINTON, N.J. (August 29, 2022) – Unity Bank is seeking sponsors and classic car owners for the 16th Annual Cruisin’ Bob’s Classic Car Show, which will be held at the bank’s Clinton headquarters Sunday, October 16th from 10:00 a.m. to 2:00 p.m. The car show is held at Unity Bank, 64 Old Highway 22, Clinton.
Read Story: Unity’s Charity Car Show
Unity Bank Selected as a Top 25 Bank by Bank Director in National Ranking of the Best Publicly Traded Banks
Unity is ranked 21st in the U.S. & 9th among banks with $1 billion to $5 billion in assets
CLINTON, N.J. (August 5, 2022) – Unity Bancorp, Inc. (Nasdaq: UNTY), parent company of Unity Bank, has been selected for the first time for the national Top 25 Banks ranking published by Bank Director magazine. Unity was number 21 on the ranking of the largest 300 publicly traded banks and number 9 nationally for banks in the $1 billion to $5 billion asset category.
Read Story: Unity Ranked In Top 25 Bank List
Clinton, NJ, July 14, 2022 - Unity Bancorp, Inc. (NASDAQ: UNTY), parent company of Unity Bank, reported net income of $9.5 million, or $0.88 per diluted share, for the quarter ended June 30, 2022, a 12.3% increase compared to net income of $8.4 million, or $0.80 per diluted share for the prior year’s second quarter. For the six months ended June 30, 2022, Unity reported net income of $18.6 million, or $1.74 per diluted share, a 9.7% increase compared to $16.9 million or $1.60 per diluted share for the prior year’s period.
Read Story: Unity Bancorp Reports Quarterly Earnings of $9.5 Million
Unity Bank Added to Membership of US Small-Cap Russell 2000 Index
CLINTON, N.J. (July 12, 2022) – Unity Bancorp, Inc. (Nasdaq: UNTY), parent company of Unity Bank, was added as a member of the U.S. small-cap Russell 2000® Index, widely regarded as a bellwether of the U.S. economy due to its focus on American small businesses.
Read Story: Unity Added to Russell 2000 Index
Unity Bank’s COO John Kauchak Named NJBIZ ICON Award Winner
CLINTON, N.J. (June 1, 2022) – Unity Bank Chief Operating Officer/Executive Vice President John Kauchak has been selected as a recipient of the NJBIZ 2022 ICON Award. The honor recognizes leaders over the age of 60 from New Jersey financial services and other industries for work throughout their careers.
Read Story: Unity COO Named NJBIZ ICON Honoree
CLINTON, N.J. (May 9, 2022) – Banking industry veteran Jim Donovan has joined Unity Bank as Chief Lending Officer (CLO), bringing more than 35 years of financial services industry leadership experience to the community bank.
Read Story: Unity Bank Names Industry Veteran Jim Donovan Chief Lending Officer
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