CLINTON, N.J., June 27, 2018 (GLOBE NEWSWIRE) -- For the fifth consecutive quarter, Unity Bank has received the prestigious “5-Star Rating” from BauerFinancial, Inc., the nation’s leading independent bank and credit union rating and research firm. The 5-Star rating is the highest ranking the banking industry research firm can assign a financial institution.

“The 5-Star Rating by BauerFinancial indicates that Unity Bank excels in many different areas, including available capital, profitability and asset quality,” said Unity Bank President & CEO James A. Hughes. “The rating places Unity Bank in the top tier of financial institutions in the United States. We are honored by the ranking and are committed to providing the highest level of service.”

Nationally, all banks and credit unions are required to file detailed financial reports with federal regulators four times a year. BauerFinancial, which has been reporting on and analyzing the performance of U.S. banks and credit unions since 1983, obtains this data in its raw form from the government for analysis and comparison with historical data for consistency. Upon completion of the analysis, a star rating is assigned to every bank and credit union based on a scale of zero to five stars, the highest rating.

Like Bauer, regulators agree that smaller institutions “are often better positioned than larger institutions to understand and quantify local real estate market values since they serve a smaller, more defined market area.” – Federal Register, June 9, 2018. “It makes perfect sense; local people who know the area are making local decisions based on that knowledge,” said BauerFinancial President Karen L. Dorway. “Community banks like Unity Bank are banking on a better future together with their community.”

The BauerFinancial star rating is based on a wide range of data points including, but not limited to: capital adequacy, profitability/loss trend, evaluating the level of delinquent loans, charge-offs and repossessed assets, the market versus book value of the investment portfolio, regulatory supervisory agreements, Community Reinvestment Act (CRA) rating, historical data and liquidity. For more information on the rating system, please visit

June 27 2018