EX-99.1 2 unty-20140424ex99145db32.htm EX-99.1 UNTY - 8K Exhibit 991 Director Election AT

 

UBI

Unity Bancorp, Inc.

64 Old Highway 22

Clinton,  NJ 08809 

800 618-BANK

www.unitybank.com

NewsNewsNewsNews

 

For Immediate Release:

April 24, 2014

News Media & Financial Analyst Contact:

Alan Bedner, EVP

Chief Financial Officer

(908) 713-4308

 

Unity Bank Elects Aaron Tucker as Board Member

 

Clinton, NJ – Unity Bancorp, Inc. (NASDAQ: UNTY), parent company of Unity Bank, announced  that Unity Bank’s Board of Directors elected Aaron Tucker to the Board of the Bank. Mr. Tucker is currently serving as the President of Tucker Enterprises, a residential, commercial and industrial real estate development Company.  Mr. Tucker holds a Bachelor of Science in Business Administration from Northeastern University.

 

“Mr. Tucker’s background as an expert in real estate development will complement Unity’s already diverse Board,” said President and Chief Executive Officer, James A. Hughes. “The Board and I are delighted to have Mr. Tucker assist us in achieving our strategic goals.”

 

Unity Bancorp, Inc. is a financial service organization headquartered in Clinton, New Jersey, with approximately $961 million in assets and $768 million in deposits.  Unity Bank provides financial services to retail, corporate and small business customers through its 15 retail service centers located in Hunterdon, Middlesex, Somerset, Union and Warren counties in New Jersey and Northampton County, Pennsylvania.  For additional information about Unity visit our website at www.unitybank.com or call 800 618-BANK.

 

This news release contains certain forward-looking statements, either expressed or implied, which are provided to assist the reader in understanding anticipated future financial performance.  These statements involve certain risks, uncertainties, estimates and assumptions made by management, which are subject to factors beyond the company’s control and could impede its ability to achieve these goals.  These factors include general economic conditions, trends in interest rates, the ability of our borrowers to repay their loans, and results of regulatory exams, among other factors.