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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
Unity Sponsored Customer for $120,000 Affordable Housing Program Grant MOUNTAIN LAKES, N.J., June 8, 2023 – Unity Bank has provided a $350,000 commercial acquisition loan to Nouvelle, LLC of Franklin Lakes to help fund a four-unit disabled Veteran, low-income housing project at 367 Bloomfield Avenue, also known as 367 Route 46.
Read Story: Unity Supports Veteran Housing
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
Unity Bancorp Reports Quarterly Earnings of $10.3 Million James A. Hughes, President and CEO, commented on the financial results: “Today, we are announcing another great quarter for Unity Bancorp, Inc. For the quarter, we realized $10.3 million of net income, or $0.96 per diluted share, reflecting our continued financial strength and resilience in a challenging banking industry landscape. With the largest bank failures since the Great Financial Crisis, this is a time of difficulty for the banking industry. These failures, largely resulting from the challenging interest rate environment, have highlighted the importance of managing risk for banks of all sizes. Fortunately, we have proactively positioned our balance sheet to mitigate the risks associated with this unprecedented rate velocity. Our longstanding commitment to sound risk management and prudent liquidity management has enabled us to provide the financial services our customers and communities rely on. The Company will continue to deliver value for our shareholders by maintaining the strength of our balance sheet and investing in our people and technology to ensure we are well-positioned for the future.”
Read Story: Unity Reports Earnings of $10.3 Million
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
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