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Unity Bancorp, Inc. reports banking developments as the New Jersey bank holding company and financial holding company for Unity Bank. Unity Bank provides community-oriented commercial banking services to retail, corporate and small business customers, including deposit accounts, lending, credit cards and automated teller services through branches in New Jersey and Northampton County, Pennsylvania.
Company news commonly covers quarterly earnings, net interest income, net interest margin, loan growth, deposits, credit-loss provisions, cash dividends on common shares, capital management and governance updates. Releases also describe Unity Bank’s operating performance and branch-market activity within its regional banking franchise.
Unity Bancorp (NASDAQ: UNTY), the parent company of Unity Bank, announced a cash dividend of $0.13 per common share. The dividend is payable on June 21, 2024, to shareholders recorded by June 7, 2024. Unity Bancorp, headquartered in Clinton, New Jersey, manages approximately $2.6 billion in assets and $2.0 billion in deposits. Unity Bank, its subsidiary, offers financial services across several counties in New Jersey and Pennsylvania.
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