UNTY Unity Bancorp Inc.

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

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

CLINTON, N.J., Oct. 26, 2020 (GLOBE NEWSWIRE) -- Adam Kuras has joined as Chief Lending Officer bringing more than 27 years of banking and finance leadership experience to the community bank.

“We are very pleased to announce that Adam has joined our leadership team,” said Unity Bank President & CEO James A. Hughes. “Adam has extensive experience providing customers with product solutions for financing, working capital, real estate, asset acquisition and cash management needs. Unity’s commercial lending program continues to grow and Adam will play an important role in its future success.”

Kuras previously was with Fulton Bank, serving as Manager of the Northern New Jersey commercial relationship team. He lives in Flemington with his wife and their three children. Kuras earned a bachelor’s degree in Business Administration from Rutgers University and graduated locally from North Hunterdon Regional High School in Annandale. He is active with community and professional organizations, including Boy Scouts of America, Troop 62, Flemington; Garden State Credit Associates; Rutgers Alumni Association; and The Franklin Group of Morristown.

“I have known Unity Bank for many years, from competing against the bank in the market, to pursuing professional interests with Jim Hughes and other members of the Unity team through industry organizations,” Kuras said. “The role of the Chief Lending Officer at Unity is a strong match with my experience and skill set, as well as my long history in the community. Unity has provided a great opportunity for me to take the next step in my career and to further strengthen a leading regional lending program.”

About Unity Bancorp, Inc.

Unity Bancorp, Inc. (NASDAQ: UNTY), the parent company of Unity Bank, its primary and wholly owned subsidiary, is a financial services organization headquartered in Clinton, New Jersey. Unity Bank provides financial services to businesses and consumers at 19 branches throughout New Jersey and the Lehigh Valley, Pennsylvania. Unity Bank provides community-oriented commercial banking services, including deposit accounts, loans, online and mobile services. For more information, please visit or call 800-618-BANK (800-618-2265).

MEDIA CONTACT:

Fred Feiner

Yankee Public Relations

(908) 425-4878

EN
26/10/2020

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Unity Bancorp Inc.

 PRESS RELEASE

Unity Bancorp Reports Quarterly Earnings of $16.5 Million

Unity Bancorp Reports Quarterly Earnings of $16.5 Million CLINTON, N.J., July 15, 2025 (GLOBE NEWSWIRE) -- Unity Bancorp, Inc. (NASDAQ: UNTY), parent company of Unity Bank, reported net income of $16.5 million, or $1.61 per diluted share, for the quarter ended June 30, 2025, compared to net income of $11.6 million, or $1.13 per diluted share for the quarter ended March 31, 2025. For the six months ended June 30, 2025, Unity Bancorp reported net income of $28.1 million, or $2.74 per diluted share, compared to net income of $19.0 million, or $1.86 per diluted share, for the six months ended...

 PRESS RELEASE

Unity Bank Expands Branch Network with Opening of New Location in Madi...

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

 PRESS RELEASE

Unity Bancorp Announces Second Quarter Dividend

Unity Bancorp Announces Second Quarter Dividend CLINTON, N.J., May 22, 2025 (GLOBE NEWSWIRE) -- Unity Bancorp, Inc. (NASDAQ: UNTY), parent company of Unity Bank, announced that its Board of Directors has declared a cash dividend of $0.14 per common share. Such dividend is payable on June 20, 2025, to shareholders of record as of June 6, 2025. Unity Bancorp, Inc. is a financial services organization headquartered in Clinton, New Jersey, with approximately $2.8 billion in assets and $2.2 billion in deposits. Unity Bank, the Company’s wholly owned subsidiary, provides financial services to ...

 PRESS RELEASE

Unity Bank Recognized Again on Hovde Group’s High-Performer List

Unity Bank Recognized Again on Hovde Group’s High-Performer List Bank earns spot for the third time in annual ranking of top-performing small banks CLINTON, N.J., April 22, 2025 (GLOBE NEWSWIRE) -- Unity Bank has been named one of the top-performing small banks in the United States by the Hovde Group, a nationally respected financial advisory and research firm. This marks the third time Unity Bancorp, Inc. (NASDAQ: UNTY) has been included in Hovde’s annual high-performer list, underscoring the bank’s sustained excellence in financial management and customer service. The 2025 edition of...

 PRESS RELEASE

Unity Bancorp Reports Quarterly Earnings of $11.6 Million

Unity Bancorp Reports Quarterly Earnings of $11.6 Million CLINTON, N.J., April 11, 2025 (GLOBE NEWSWIRE) -- Unity Bancorp, Inc. (NASDAQ: UNTY), parent company of Unity Bank, reported net income of $11.6 million, or $1.13 per diluted share, for the quarter ended March 31, 2025, compared to net income of $11.5 million, or $1.13 per diluted share for the quarter ended December 31, 2024. This represents a 0.8% increase in net income. James A. Hughes, President and CEO, commented on the financial results: “We are pleased to announce another strong quarter for Unity Bancorp, Inc. We earned $11...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch