Unity Bank Expands Branch Network with Opening of New Location in Madison, New Jersey

Rhea-AI Summary

Unity Bank (NASDAQ: UNTY) has announced the opening of its 22nd branch location at 269 Main St, Madison, New Jersey. The new 2,000-square-foot facility features onsite parking, drive-up banking, and a full-service ATM. Led by Vice President/Area Manager Linda Kemper, this expansion follows Unity's recent branch opening in Parsippany and strengthens its presence across New Jersey and Pennsylvania. The bank currently manages approximately $2.6 billion in total assets and $2.0 billion in deposits, serving retail, corporate, and small business customers across multiple counties including Bergen, Hunterdon, Middlesex, Morris, Ocean, Somerset, Union, and Warren in New Jersey, and Northampton in Pennsylvania.

Positive

• Expansion of physical presence with 22nd branch location indicates growth
• Strong financial position with $2.6 billion in assets and $2.0 billion in deposits
• Strategic location in Madison with full-service capabilities including drive-up banking and ATM
• Continued expansion following recent Parsippany branch opening shows consistent growth strategy

Negative

• None.

22nd Branch Enhances Unity Bank’s Community Banking Presence Across the Region

MADISON, N.J., June 20, 2025 (GLOBE NEWSWIRE) -- Unity Bank proudly announces the opening of its newest branch at 269 Main St, Madison, NJ. This expansion strengthens Unity Bancorp, Inc’s. (NASDAQ: UNTY) presence in the community, bringing the total number of branches to 22 and expanding its retail banking footprint across New Jersey and Pennsylvania.

The 2,000-square-foot branch facility features onsite parking, drive-up banking, and a full-service ATM, all designed to provide customers with a seamless and convenient banking experience. Unity Bank is in the process of updating the location, which previously operated under another bank, to meet its high standards for a welcoming and customer-friendly environment.

Linda Kemper, Vice President/Area Manager, leads the new branch sales team. With extensive experience in community banking, Kemper brings a strong dedication to service that reflects Unity Bank’s mission to prioritize customer success.

This expansion continues Unity Bank’s growth trajectory, supported by the performance of its branches across Bergen, Hunterdon, Middlesex, Morris, Ocean, Somerset, Union, and Warren counties in New Jersey, as well as Northampton County in Pennsylvania. Unity Bank most recently opened a new branch in Parsippany, New Jersey.

Unity Bank now manages approximately $2.6 billion in total assets and holds $2.0 billion in deposits, demonstrating its commitment to providing exceptional financial services tailored to the needs of retail, corporate, and small business customers.

About Unity Bancorp, Inc.

Unity Bancorp, Inc. (NASDAQ: UNTY) is the parent company of Unity Bank, a financial services organization based in Clinton, New Jersey. Unity Bank operates 22 branches across New Jersey and the Lehigh Valley, Pennsylvania, offering community-focused commercial banking services, including deposit accounts, loans, and digital services. For details, 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, visit FDIC.gov.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/c3629fbc-30ec-4022-8af5-485036382e0c

FAQ

What is Unity Bank's (UNTY) total asset size in 2025?

Unity Bank manages approximately $2.6 billion in total assets as of June 2025.

Where is Unity Bank's new Madison NJ branch located?

Unity Bank's new branch is located at 269 Main St, Madison, New Jersey.

How many branches does Unity Bank (UNTY) have after the Madison opening?

Unity Bank now has a total of 22 branches across New Jersey and Pennsylvania.

What features does Unity Bank's new Madison branch offer?

The 2,000-square-foot branch offers onsite parking, drive-up banking, and a full-service ATM.

Who is managing Unity Bank's new Madison branch?

Linda Kemper, Vice President/Area Manager, leads the new branch sales team.