June 16 2021
Unity Donates $50,000 to St. Jude's

Unity Bank Donates $50,000 to St. Jude Children’s Research Hospital® for Inspiration4 Challenge, First All-Civilian Mission to Space

Lehigh Valley Tech Entrepreneur Jared Isaacman, Founder of Shift4 Payments, Leads $200 Million Campaign to Support Patients at St. Jude

CLINTON, N.J. (June 16, 2021) – Unity Bank (NASDAQ: UNTY) donated $50,000 to St. Jude Children’s Research Hospital® as part of the Inspiration4 campaign, a $200 million fundraising initiative inspired by the world’s first all-civilian mission to space. Jared Isaacman, Founder and Chief Executive Officer of Shift4 Payments (NYSE: FOUR), headquartered in Allentown, Pa., is funding the historic three-day journey in space to support the lifesaving mission of St. Jude: Finding cures. Saving children.®

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June 1 2021
Unity Ranked Top Community Bank

Unity Bank is Top Ranked New Jersey Community Bank on
American Banker Magazine’s Top 200 List

Bank is Ranked 20th Nationally by Respected Industry Survey

CLINTON, N.J. (June 1, 2021) – Unity Bancorp, Inc. (NASDAQ: UNTY), the parent company of Unity Bank, was the top ranked New Jersey community bank on the recently published American Banker magazine list of the Top 200 Publicly Traded Community Banks with less than $2 billion in assets. Unity was ranked 20th nationally on the respected industry list, which reviewed 511 institutions throughout the U.S.

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May 27 2021
Unity Bancorp Declares Cash Dividend

CLINTON, N.J., May 27, 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 $0.09 per common share. Such dividend is payable on June 25, 2021, to shareholders of record as of June 11, 2021.

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April 15 2021
Unity Bancorp Reports Quarterly Earnings of $8.5 Million

Clinton, NJ, April 15, 2021 - Unity Bancorp, Inc. (NASDAQ: UNTY), parent company of Unity Bank, reported net income of $8.5 million, or $0.80 per diluted share, for the quarter ended March 31, 2021, a 58.3% increase compared to net income of $5.4 million, or $0.49 per diluted share for the prior year’s first quarter, primarily due to revenue generated by the Small Business Administration (“SBA”) Paycheck Protection Program (“PPP”), improved net interest margin and an increase in non-interest income.

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April 6 2021
Unity Bank President & CEO James A. Hughes Appointed to ICBA Large Community Bank Council

CLINTON, N.J. (April 6, 2021) – Unity Bank President & CEO James A. Hughes has been appointed to the Independent Community Bankers of America’s (ICBA) Large Community Bank Council. ICBA is the nation’s voice for community banks.

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March 26 2021
Unity Bank Names New CFO

CLINTON, N.J. (March 26, 2021) – Banking industry veteran George Boyan has joined Unity Bank as Chief Financial Officer (CFO) bringing more than 20 years of financial services industry leadership experience to the community bank. Boyan is responsible for financial and accounting operations for Unity Bancorp, Inc. (NASDAQ: UNTY), the parent company of Unity Bank, which manages approximately $2 billion in assets and $1.6 billion in deposits.

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February 11 2021
Unity Bank and NID HCA Partnership

NID-HCA Helps NJ & Lehigh Valley Residents Through All Phases of the Homeownership Cycle

CLINTON, N.J. (February 10, 2021) – Unity Bank recently donated $5,000 to the NID Housing Counseling Agency (NID-HCA), a U.S. Department of Housing and Urban Development (HUD) approved national network of housing counselors and community-development consultants with offices in Plainfield and Allentown, Pa. Unity is launching a partnership with the agency to supplement the bank’s Low-Moderate Income Mortgage Program.

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February 3 2021
Unity Bank Donates $22,500

CLINTON, N.J. (February 3, 2021) – Unity Bank recently donated $22,500 to nonprofit organizations throughout its service area, a special one time gift on behalf of the bank’s customers. Nine nonprofits representing the bank’s various service regions each received a $2,500 gift.

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January 22 2021
Unity Bancorp Reports Quarterly Earnings of $7.3 Million

Clinton, NJ, January 22, 2021 - Unity Bancorp, Inc. (NASDAQ: UNTY), parent company of Unity Bank, reported net income of $7.3 million, or $0.69 per diluted share, for the quarter ended December 31, 2020, a 20.0 percent increase compared to net income of $6.1 million, or $0.55 per diluted share for the prior year’s fourth quarter. For the year ended December 31, 2020, Unity reported net income of $23.6 million, or $2.19 per diluted share, compared to net income of $23.7 million, or $2.14 per diluted share for the year ended December 31, 2019. Overall earnings were impacted primarily due to an increased provision for loan losses, necessitated by the COVID-19 pandemic, partially offset by revenue generated by the Small Business Administration (“SBA”) Paycheck Protection Program (“PPP”).

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December 31 2020
Unity Bank Donates $34,200 to Food Pantries in NJ and Lehigh Valley

CLINTON, N.J. (December 31, 2020) – Unity Bank and its employees have donated a record total of $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.

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