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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December 21 2017
Unity Donates $22,100 to Food Pantries

CLINTON, N.J. (December 21, 2017) – Unity Bank and its employees have donated a total of $22,100 to 17 food pantries in New Jersey and Easton, Pa. The funds were donated by Unity Bank employees and matched by the bank as part of a special holiday community service project.
 

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September 17 2017
SBA Loan Brings Long Vacant Downtown Montclair Property To Life with Equilibrium Pilates and Lform Design

MONTCLAIR, N.J. (September 13, 2017) – Unity Bank has provided a $637,000 Small Business Administration (SBA) loan to Montclair residents Ian Loew and Audrey Laurelton to fund the purchase and renovation of 42 Park Street in Montclair, which housed the Knights of Columbus for more than 80 years. The husband and wife team are co-owners of the three-story commercially zoned property, which has been vacant for about 10 years, and will be utilized for their businesses, a Pilates studio and a digital marketing firm.
 

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