Press Releases

Unity Bank’s Car Show Raises $8,000 for Family Promise of Hunterdon and Warren Counties

November 4, 2021

Unity Bank has donated $8,000 to Family Promise of Hunterdon County and Family Promise of Warren County, the proceeds from the 15th Annual Cruisin’ Bob’s Classic Car Show held at the bank’s Clinton headquarters. The bank donates all proceeds from the car show to the non-profits, in addition to donating volunteer time to coordinate the event.

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Adult Day Center of Somerset County will Present First Annual Steve Kalafer Community Leadership Award to Unity Bank President & CEO James A. Hughes at the 2021 Generations Gala

November 1, 2021

The Adult Day Center (ADC) of Somerset County has renamed its Annual Gala Award as the Steve Kalafer Community Leadership Award to honor the memory of the late entrepreneur and longtime ADC supporter. Unity Bank President & CEO James A. Hughes will be the recipient of the first award at the 10th Annual Generations Gala on November 16th at The Palace at Somerset Park.

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CENTURION Union Center, Community Leaders Welcome New Unity Bank Branch Location in Union Township

October 20, 2021

Community and business leaders joined Unity Bank and the Union Township Chamber of Commerce to celebrate the bank’s new branch location at CENTURION Union Center.

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Adult Day Center of Somerset County will Honor Unity Bank President & CEO James A. Hughes at the 2021 Generations Gala

October 6, 2021

The Adult Day Center (ADC) of Somerset County will honor Unity Bank President & CEO James A. Hughes at the Generations Gala to be held 6 p.m., Tuesday, November 16th at The Palace at Somerset Park. ADC is a nonprofit agency providing compassionate day care services for vulnerable seniors, adults living with a disability or dementia-related illness, as well as support and education for their caregiving families.

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Unity Bank’s 15th Annual Classic Car Show Benefiting Family Promise Will Be Held October 17th

September 13, 2021

Unity Bank is seeking sponsors and classic car owners for the 15th Annual Cruisin’ Bob’s Classic Car Show, which will be held at the bank’s Clinton headquarters October 17th from 10:00 a.m. to 2:00 p.m. All proceeds from car show sponsorships, car registrations, 50/50 raffle and food sales will benefit Family Promise of Hunterdon County and Family Promise of Warren County.

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FDA Orphan Drug Approval: Octapharma’s Octagam® 10% Receives 7 Years of Market Exclusivity for Adult Dermatomyositis

August 30, 2021

Octapharma USA today announced the U.S. Food and Drug Administration (FDA) Office of Orphan Products Development (OOPD) has awarded seven years of marketing exclusivity for Octagam® 10% [Immune Globulin Intravenous (Human)], the first and only intravenous immunoglobulin (IVIg) to be indicated for the treatment of adult dermatomyositis (DM).

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FDA Approves Octapharma’s Octagam® 10% for Adult Dermatomyositis

July 20, 2021

The U.S. Food and Drug Administration (FDA) has granted approval to Octapharma USA for Octagam® 10% [Immune Globulin Intravenous (Human)], the first and only intravenous immunoglobulin (IVIg) to be indicated for the treatment of adult dermatomyositis, a rare immune-mediated inflammatory disease.

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Unity Bank is Only NJ Bank Named One of the Best Places to Work in New Jersey

June 30, 2021

Unity Bank has been named one of the 2021 Best Places to Work in New Jersey – the only bank in New Jersey to make the prestigious list. It is the fifth year in a row that Unity has been honored by the survey and awards program, which identifies, recognizes and honors the top places of employment in New Jersey that benefit the state's economy, workforce and businesses.

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Unity Bank Donates $50,000 to St. Jude Children’s Research Hospital® for Inspiration4 Challenge, First All-Civilian Mission to Space

June 16, 2021

Unity Bank donated $50,000 to St. Jude Children’s Research Hospital® as part of the Inspiration4 campaign, a $200 million fundraising initiative inspired by the world’s first all-civilian mission to space. Jared Isaacman, Founder and Chief Executive Officer of Shift4 Payments (NYSE: FOUR), headquartered in Allentown, Pa., is funding the historic three-day journey in space to support the lifesaving mission of St. Jude: Finding cures. Saving children.®

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Alexandria’s Jackson Feiner Earns Eagle Scout Rank Following Successful Board of Review

June 2, 2021

Alexandria resident Jackson Feiner of Alexandria Boy Scout Troop 112 recently earned the Rank of Eagle Scout, a level achieved by only 8% of all Scouts nationally, following successful completion of his Board of Review. For his Eagle Scout project, Feiner and volunteers renovated a large deck at an Alternatives, Inc., group home for adults with intellectual developmental disabilities in Alexandria Township. Feiner, a longtime volunteer for Alternatives, has an interest in supporting those with disabilities. Alternatives is a community-based non-profit organization that provides programs and housing for adults with intellectual developmental disabilities, mental illness and homeless families. The Alexandria home opened in 2017 and is staffed 24/7.

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Unity Bank is Top Ranked New Jersey Community Bank on American Banker Magazine’s Top 200 List

June 1, 2021

Unity Bancorp, Inc. (NASDAQ: UNTY), the parent company of Unity Bank, was the top ranked New Jersey community bank on the recently published American Banker magazine list of the Top 200 Publicly Traded Community Banks with less than $2 billion in assets. Unity was ranked 20th nationally on the respected industry list, which reviewed 511 institutions throughout the U.S.

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Unity Bank President & CEO James A. Hughes Appointed to ICBA Large Community Bank Council

April 6, 2021

Unity Bank President & CEO James A. Hughes has been appointed to the Independent Community Bankers of America’s (ICBA) Large Community Bank Council. ICBA is the nation’s voice for community banks.

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FDA Approvals Strengthen Octapharma USA Pediatric Critical Care Product Portfolio

March 29, 2021

The U.S. Food and Drug Administration (FDA) has approved two Octapharma supplements to Biological License Applications, strengthening the company’s pediatric critical care product portfolio. The supplement approvals resulted in new product labeling for Octaplas™, Pooled Plasma (Human), Solvent/Detergent (S/D) Treated Solution for Intravenous Infusion, and fibryga®, Fibrinogen (Human) Lyophilized Powder for Reconstitution.

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Unity Bank Names Industry Veteran George Boyan Chief Financial Officer

March 26, 2021

Banking industry veteran George Boyan has joined Unity Bank as Chief Financial Officer (CFO) bringing more than 20 years of financial services industry leadership experience to the community bank. Boyan is responsible for financial and accounting operations for Unity Bancorp, Inc. (NASDAQ: UNTY), the parent company of Unity Bank, which manages approximately $2 billion in assets and $1.6 billion in deposits.

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Unity Bank Launches Partnership with NID Housing Counseling Agency and Donates $5,000 for Community Education Programs

February 9, 2021

Unity Bank recently donated $5,000 to the NID Housing Counseling Agency (NID-HCA), a U.S. Department of Housing and Urban Development (HUD) approved national network of housing counselors and community-development consultants with offices in Plainfield and Allentown, Pa. Unity is launching a partnership with the agency to supplement the bank’s Low-Moderate Income Mortgage Program.

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Unity Bank Donates $22,500 to Nonprofit Organizations as Customer Tribute

February 3, 2021

Unity Bank recently donated $22,500 to nonprofit organizations throughout its service area, a special one time gift on behalf of the bank’s customers. Nine nonprofits representing the bank’s various service regions each received a $2,500 gift.

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FDA Extends Shelf Life of Octapharma’s cutaquig® 16.5% for Adult PI Patients

January 5, 2021

Octapharma USA today announced the U.S. Food & Drug Administration  (FDA) has extended the expiration date of 42 existing lots of cutaquig® [Immune globulin, Subcutaneous (Human)-hipp, 16.5% Solution] that are currently in the distribution chain. The FDA decision extends the shelf life of all future lots of cutaquig® from 24 to 36 months when stored at 2°C to 8°C (36°F to 46°F). The six-month shelf life of cutaquig® stored at room temperature up to +25 ºC (77ºF) remains unchanged.

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Unity Bank Donates $34,200 to Food Pantries in NJ and Lehigh Valley

December 22, 2020

Unity Bank and its employees have donated a record total of $34,200 to 19 food pantries in New Jersey and Lehigh Valley, Pennsylvania. The funds were contributed by Unity Bank employees and matched by the bank as part of a special annual holiday community service project that was started more than 10 years ago.

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Octapharma USA Presents Research on Congenital & Acquired Bleeding Disorders at ASH Annual Meeting

December 3, 2020

Octapharma USA will present multiple clinical research posters focused on the efficacy and safety of fibryga®, Fibrinogen (Human) Lyophilized Powder for Reconstitution, for Intravenous Use in the treatment of congenital and acquired bleeding disorders during the 62nd American Society of Hematology (ASH) Annual Meeting and Exposition, a virtual medical congress to be held December 5 – 8.

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Octapharma USA Presents Results of Investigational Use of Octagam® 10% for Severe COVID-19 Patients at ASH Annual Meeting

December 2, 2020

Clinical research presented by Octapharma USA at the 62nd American Society of Hematology (ASH) Annual Meeting and Exposition will highlight the investigational use of high-dose Octagam® 10% [Immune Globulin Intravenous (Human)] for the most severe COVID-19 patients.

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Flemington’s Adam Kuras Joins Unity Bank as Chief Lending Officer

October 26, 2020

Adam Kuras has joined Unity Bank as Chief Lending Officer bringing more than 27 years of banking and finance leadership experience to the community bank.

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National Hemophilia Foundation Revises Treatment Guidelines for Factor 1 Deficiency to Include Octapharma’s fibryga

October 7, 2020

The National Hemophilia Foundation (NHF) has revised its treatment recommendations for congenital fibrinogen (Factor 1) deficiency to include fibryga®, Fibrinogen (Human) Lyophilized Powder for Reconstitution, for Intravenous Use. Fibryga® is a highly purified, virus inactivated, human plasma-derived fibrinogen concentrate produced by Octapharma.

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Octapharma USA Announces Medicare Part B Approval of cutaquig 16.5% for Adult PI Patients

September 15, 2020

Octapharma USA today announced the Centers for Medicare & Medicaid Services (CMS) has modified the External Infusion Pump Local Coverage Determination to include cutaquig® 16.5%, the company’s subcutaneous immunoglobulin (SCIg), for use with electric and mechanical pumps. The Medicare Part B coverage determination is effective September 6, 2020.

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Intravenous Immunoglobulin Significantly Reduces Respiratory Morbidity in COVID-19 Study Supported by Octapharma

September 9, 2020

An investigator-initiated study (IIS) supported by Octapharma USA has reported that intravenous immunoglobulin (IVIg) significantly improved hypoxia and reduced hospital length of stay and progression to mechanical ventilation in patients with COVID-19 pneumonia.

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Octapharma Launches Phase 3 Superiority Study for Pediatric Acute-onset Neuropsychiatric Syndrome

September 3, 2020

Octapharma has launched a phase 3, multicenter superiority study to compare the effectiveness of PANZYGA® (immune globulin intravenous, human - ifas) 10% Liquid Preparation versus placebo in patients with pediatric acute-onset neuropsychiatric syndrome (PANS).

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Unity Bank Supports Elumis Foundation’s Effort to Bring Electricity to Impoverished Families in Africa

August 20, 2020

Unity Bank has donated $2,500 to the Elumis Foundation to help support the organization’s mission of providing families in impoverished areas of the world with solar kits. The foundation was founded by Franklin Lakes teenagers Eva and Michael Sakellakis who were inspired by their father’s solar energy business.

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Unity Bank’s 14th Annual Classic Car Show Benefiting Family Promise Will Be Virtual in 2020

June 9, 2020

Unity Bank is seeking sponsors and classic car owners for the 14th Annual Cruisin’ Bob’s Classic Car Show, which for the last 13 years has been held at the bank’s Clinton headquarters, but will be virtual this year due to the coronavirus pandemic. All proceeds from the car show will benefit Family Promise of Hunterdon County and Family Promise of Warren County.

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Octapharma USA Extends Funding for COVID-19 Study Following Positive Preliminary Research Data

June 3, 2020

Following positive preliminary data, Octapharma USA is extending funding for an investigator-initiated study (IIS) focused on treating the most critical patients at the heart of the coronavirus pandemic, those experiencing hypoxia and who are at the highest risk of requiring mechanical ventilation.

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Octapharma USA & BioMatrix Support Research Focused on COVID-19 & Myocardial Dysfunction

May 28, 2020

Octapharma USA and BioMatrix Specialty Pharmacy are supporting a new investigator-initiated research study led by Kelly McCants, M.D., Medical Director of the Norton Heart & Vascular Institute in Louisville, Ky., focused on treating patients with the coronavirus (COVID-19) and presenting with COVID-19-associated myocardial dysfunction.

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FDA Approves Octapharma USA Investigational New Drug Application for Severe COVID-19 Patients

May 20, 2020

The U.S. Food and Drug Administration (FDA) has approved the investigational new drug (IND) application submitted by Octapharma USA for a phase three clinical trial on the efficacy and safety of Octagam® 10% [Immune Globulin Intravenous (Human)] therapy in COVID-19 patients with severe disease progression.

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Unity Bank is Top Ranked New Jersey Community Bank on American Banker Magazine’s Top 200 List

May 14, 2020

Unity Bancorp, Inc. (NASDAQ: UNTY), the parent company of Unity Bank, was the top ranked New Jersey community bank on the recently published American Banker magazine list of the Top 200 Publicly Traded Community Banks with less than $2 billion in assets. Unity was ranked 15th nationally on the respected industry list, which reviewed 511 institutions throughout the U.S.

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Unity Bank Provides $130 Million in PPP Loans, Saving Thousands of Jobs Through SBA COVID-19 Lending Program

April 29, 2020

Gary Shiman, Co-Owner and Executive Vice President of Bellari Home Remodeling of Branchburg, represents one of the nearly 1,000 businesses that will receive more than $130 million in Unity Bank loans through the Small Business Administration (SBA) Paycheck Protection Program (PPP), the special funding initiative designed to help small businesses survive the coronavirus (COVID-19) pandemic.

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New COVID-19 Clinical Trial Supported by Octapharma USA

April 16, 2020

Octapharma USA is supporting a new investigator initiated clinical trial led by George Sakoulas, M.D. of Sharp Memorial Hospital in San Diego, California focused on treating the most critical patients at the heart of the coronavirus pandemic, those experiencing respiratory failure who become ventilator dependent.

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Unity Bank Offering SBA Loans for Businesses Coping with COVID-19

April 2, 2020

In response to the coronavirus (COVID-19) pandemic, Unity Bank will be offering its customers the Small Business Administration (SBA) Paycheck Protection Program, a loan designed to provide a direct incentive for small businesses to keep their workers on the payroll.

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Unity Bank is the Only NJ Bank to be Named One of the 2020 Best Places to Work in New Jersey

March 13, 2020

Unity Bank has been named one of the 2020 Best Places to Work in New Jersey – the only bank in New Jersey to make the prestigious list. It is the fourth year in a row that Unity has been honored by the survey and awards program.

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As Global Coronavirus Concerns Grow, Octaplas™ Provides Enhanced Safety Option

February 6, 2020

“ Octaplas™, Pooled Plasma (Human), Solvent/Detergent (S/D) Treated Solution for Intravenous Infusion, provides that peace of mind the healthcare community is looking for,” said Octapharma USA President Flemming Nielsen. Read the full article on the Associated Press website.

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