Unity Bancorp Declares Cash Dividend
CLINTON, N.J., May 29, 2014
CLINTON, N.J., May 29, 2014 /PRNewswire/ -- Unity Bancorp, Inc. (NASDAQ:
UNTY), parent company of Unity Bank, announced that its Board of Directors has
declared a cash dividend of $0.02 per common share. Such dividend is payable
on June 27, 2014, to shareholders of record as of June 13, 2014.
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 may be identified
by use of the words "believe", "expect", "intend", "anticipate", "estimate",
"project" or similar expressions. 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 those items included in our Annual
Report on Form 10-K under the heading "Item IA-Risk Factors" as well as
general economic conditions, trends in interest rates, the ability of our
borrowers to repay their loans, our ability to manage and reduce the level of
our nonperforming assets, and results of regulatory exams, among other
SOURCE Unity Bancorp, Inc.
Contact: News Media & Financial Analyst Contact: Alan Bedner, EVP, Chief
Financial Officer, (908) 713-4308
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