Unity Bancorp

Unity Bancorp is a bank holding company headquartered in Clinton, New Jersey. It was founded in 1991 and operates as a community bank, offering a range of financial services to individuals and businesses in New Jersey and surrounding areas.
The bank prides itself on its customer-centric approach, with a strong focus on building and maintaining relationships with its clients. Its services include business and personal banking, mortgage and home equity lending, and wealth management.
Unity Bancorp is publicly traded on the NASDAQ exchange under the ticker symbol "UNTY" and is a member of the Federal Deposit Insurance Corporation (FDIC). As of December 2020, it had total assets of $1.8 billion and operates 17 branches throughout New Jersey.
In addition to its financial services, Unity Bancorp is also committed to supporting the local community through charitable donations and volunteer work. It has also received numerous awards for its workplace culture and commitment to diversity and inclusion.
Overall, Unity Bancorp is a well-respected and established community bank that continues to grow and serve its customers with a focus on personalized service and community impact.

1) Local Focus: Unity Bancorp is a community bank that is wholly committed to the neighborhoods it serves. The company is dedicated to supporting the growth and development of its local communities.
2) Strong Financial Performance: Unity Bancorp has a strong financial track record with consistent profitability and healthy capital levels. This has allowed the company to expand and make strategic investments for the benefit of its customers and shareholders.
3) Customer-centric Approach: The company is known for its personalized and customer-centric approach to banking. It offers a wide range of products and services tailored to meet the unique needs of its customers.
4) Employee Ownership: Unity Bancorp is one of the few publicly traded companies that is employee-owned. This means that the employees have a vested interest in the success and growth of the company, leading to a strong culture of teamwork and commitment to providing exceptional service.
5) Innovative Technology: Unity Bancorp has invested in the latest banking technology to provide its customers with convenient and secure banking solutions. This includes online and mobile banking, remote deposit capture, and electronic payments.
6) Strong Community Involvement: The company is deeply involved in the local community through sponsorships, donations, and volunteer work. It has partnerships with various organizations to support economic development, youth education, and other important causes.
7) Strong Corporate Governance: Unity Bancorp has a strong corporate governance structure that promotes transparency, accountability, and ethical practices. The company has received recognition for its corporate governance practices and has been designated a “Super Premier” company by the United States’ board of directors.
8) Awards and Recognitions: Over the years, Unity Bancorp has received numerous awards and recognition for its financial performance, customer service, and community involvement. This includes being named one of the "Best Banks to Work For" by American Banker magazine.

The Unity Bancorp company's business model is primarily focused on providing banking and financial services to individuals, small businesses, and commercial entities. This includes traditional banking services such as checking and savings accounts, loans, mortgages, and investment products. The company also offers online and mobile banking services to cater to the evolving needs of its customers. Unity Bancorp's business model is based on establishing long-term relationships with its customers and providing personalized, responsive, and efficient financial solutions. The company operates through a network of branches and also offers services through its website and mobile app.

1. Unity Bancorp is a bank holding company based in Clinton, New Jersey. It was founded in 1991 by a group of local business people who saw a need for a community-based bank in the area.
2. The bank’s original name was Unity Bank, but it changed to Unity Bancorp in 2005 to reflect its expansion as a holding company.
3. Unity Bancorp has 19 branches in New Jersey and Pennsylvania, serving customers in both rural and urban areas.
4. The bank primarily focuses on supporting small businesses and community development projects, with a mission to be a one-stop shop for all financial needs for its customers.
5. In 2021, Unity Bancorp received a Superior rating from BauerFinancial, a leading independent bank rating and research firm, for the 11th consecutive quarter.
6. Unity Bancorp is committed to sustainability and has implemented environmentally friendly initiatives in its operations, including solar-powered branches and recycling programs.
7. The bank has a strong focus on community involvement and philanthropy, supporting various local organizations and events through donations and volunteer work.
8. In 2019, Unity Bancorp was named one of America’s Best Banks by Forbes for the third consecutive year.
9. Unity Bancorp is publicly traded on the NASDAQ under the ticker symbol UNTY.
10. The company’s CEO and President is James A. Hughes, who has been with Unity Bancorp since 2000 and played a key role in its growth and success.
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