Unity Bancorp, Inc. is the holding company for Unity Bank, which has 17 branch offices. The company is based in Clinton, New Jersey. Through the Treasury Department’s Capital Purchase Program, Unity Bancorp will receive $20.6 million in exchange for 20,649 shares of the company’s preferred stock.
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Bailout Bank Bio: Unity Bancorp, Inc.
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Federal Equity Investment |
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Total Revenue |
$55.41 million (2007) |
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Net Income |
$4.725 million (2007) |
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Number of Employees |
176 |
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Corporate Headquarters |
Clinton, New Jersey |
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Business Sector |
Financial |
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Officers and Directors |
Hughes, James, President, Chief Executive Officer, Director of Unity Bancorp Inc and the Bank |
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Corporate Website |
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Executive Compensation |
No federal contracts located.
No lobbying records located.
No political contributions located.
December 15, 2008 Banks Split on Perception of Bailout Plan NJBIZ
November 25, 2008 Unity Bancorp to Sell $20.6M of Stock to U.S. Treasury NJBIZ
Last Updated January 27, 2009
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