Unity Bank Opening First Branch in Morris County
22 Maio 2023 - 12:08PM
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.
The new branch, located at 66 N. Beverwyck Road,
will increase Unity’s retail banking presence to 21 branches in
Bergen, Hunterdon, Middlesex, Morris, Ocean, Somerset, Union, and
Warren Counties in New Jersey and Northampton County in
Pennsylvania.
“The bank’s business and residential lending
programs have been active in Morris County for some time, making
the new branch a logical expansion of our retail service
footprint,” said Unity Bank President & CEO James A. Hughes.
“The Morris County population is growing and we believe there is a
good opportunity to enhance our residential mortgage lending
business. Banking services at the branch level are increasingly
important to our customers, particularly small business owners who
still, even in the age of electronic banking, rely on
branches.”
Unity is planning to open the Lake Hiawatha
branch this summer and is offering customer incentives to open
accounts online prior to the introduction of the retail location.
For details on the promotion, please visit
unitybank.com/lakehiawatha.
The 3,864-square-foot N. Beverwyck Road facility
was previously operated as a branch by another bank. The branch
will include six dedicated parking spaces and drive-up banking and
ATM services.
Unity recently opened new branches in Fort Lee
in Bergen County and Lakewood in Ocean County, which marked the
bank’s first site in Ocean County. Unity holds about $2.5 billion
in assets and $1.8 billion in deposits.
About Unity Bancorp, Inc.Unity
Bancorp, Inc. (NASDAQ: UNTY), the parent company of Unity Bank, its
primary and wholly owned subsidiary, is a financial services
organization headquartered in Clinton, New Jersey. Unity Bank
provides financial services to businesses and consumers at 20
branches throughout New Jersey and the Lehigh Valley, Pennsylvania.
Unity Bank provides community-oriented commercial banking services,
including deposit accounts, loans, online and mobile
services. For more information, please visit unitybank.com or
call 800-618-BANK (800-618-2265).Unity Bank is a member of the
Federal Deposit Insurance Corporation (FDIC). To learn about FDIC
insurance for deposits with member banks, please visit
FDIC.gov.
MEDIA CONTACT:Fred FeinerYankee
Public Relations(908) 425-4878fred@yankeepr.com
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/09403af2-eb38-482c-b9e9-e22894700236
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