April 26 2018
Unity Bancorp Declares 17% Increase in Cash Dividend

CLINTON, N.J., April 26, 2018 (GLOBE NEWSWIRE) -- Unity Bancorp, Inc. (NASDAQ:UNTY), parent company of Unity Bank, announced that its Board of Directors has declared a cash dividend of $0.07 per common share, an increase of 17% compared to the prior quarter.  Such dividend is payable on June 29, 2018, to shareholders of record as of June 15, 2018.

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April 24 2018
Unity Bancorp Reports Record Earnings up 64% over Prior Year Quarter

Clinton, NJ, April 24, 2018 - Unity Bancorp, Inc. (NASDAQ: UNTY), parent company of Unity Bank, reported net income of $5.2 million, or $0.48 per diluted share, for the quarter ended March 31, 2018, compared to $3.2 million, or $0.30 per diluted share, for the prior year’s first quarter. Approximately $590 thousand, or $0.05 per diluted share, of this increase was due to the lower effective tax rate due to the tax reform bill.

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April 18 2018
Unity Bank Ranked 43rd Nationally on S&P for Community Banks

CLINTON, N.J., April 18, 2018 (GLOBE NEWSWIRE) -- Unity Bancorp, Inc. (NASDAQ:UNTY), the parent company of Unity Bank, was one of only two New Jersey community banks to break the top 50 of S&P Global Market Intelligence (NYSE:SPGI) 2017 best-performing community bankswith assets between $1 billion and $10 billion. Unity was ranked 43rd nationally on the respected industry list. Nationally, 533 financial institutions were eligible for the list.

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March 13 2018
Unity Named One of the Best Places to Work in NJ

CLINTON, N.J. (March 12, 2018) – Unity Bank has been named one of the 2018 Best Places to Work in New Jersey in the small/medium category. It is the second year in a row that Unity has been honored by the survey and awards program, which identifies, recognizes and honors the top places of employment in New Jersey that benefit the state's economy, workforce and businesses.
 

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February 22 2018
Unity Bancorp Declares Cash Dividend

CLINTON, N.J., Feb. 22, 2018 (GLOBE NEWSWIRE) -- Unity Bancorp, Inc. (NASDAQ:UNTY), parent company of Unity Bank, announced that its Board of Directors has declared a cash dividend of $0.06 per common share.  Such dividend is payable on March 30, 2018, to shareholders of record as of March 16, 2018.

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January 30 2018
Unity Bank’s Loan Brings Café and Storage Facility to Property Near Muhlenberg

ALLENTOWN, Pa. (January 30, 2018) – Unity Bank has provided a $1.1 million Small Business Administration (SBA) loan to Jason Lund of Hoboken, N.J. to fund the acquisition and renovation of a 5,500-square-foot mixed-use property at 2301-2303 W. Liberty Street, adjacent to Muhlenberg College
 

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January 24 2018
Unity Bancorp Reports Quarterly Net Income of $2.5 million

CLINTON, N.J., Jan. 24, 2018 (GLOBE NEWSWIRE) -- Unity Bancorp, Inc. (NASDAQ:UNTY), parent company of Unity Bank, reported net income of $2.5 million or $0.23 per diluted share for the three months ended December 31, 2017, compared to net income of $3.2 million, or $0.32 per diluted share, for the three months ended December 31, 2016.  Return on average assets and average common equity for the quarter were 0.74% and 8.54%, respectively, compared to 1.07% and 13.47% for the same period a year ago. 

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January 10 2018
Unity Bank Opens New Ramsey Branch, Second Bergen County Location

RAMSEY, N.J. (January 9, 2018) – Unity Bank has opened a new branch in Ramsey, its second in Bergen County and 18th overall, and hired Jodi Reyes of Franklin Lakes as Relationship Manager of the new location. Unity’s Ramsey Branch is located at 475 Franklin Turnpike, near Don Bosco Preparatory High School.
 

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January 10 2018
Unity Bank Phillipsburg Branch Moves Into New Route 22 Location

PHILLIPSBURG, N.J. (January 9, 2018) – Unity Bank has moved its Phillipsburg branch into a new, modern location and hired Gregory B. Perlman of Saylorsburg, Pennsylvania as Relationship Manager of the branch. Unity’s Phillipsburg branch is in the Greenwich Station Shopping Center at 1225 U.S. Highway 22 West, less than a mile from its previous site. 
 
 

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December 26 2017
Employees provided Bonuses in Response to Federal Tax Legislation

CLINTON, N.J. (December 26, 2017) – In response to Congressional approval of tax reform legislation, Unity Bancorp, Inc. (NASDAQ:UNTY), parent company of Unity Bank, announced today that its Board of Directors has elected to provide all employees excluding executive management with a one-time $750 bonus.
 

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