UNTY Unity Bancorp Inc.

Unity Bank Expands Sustainability Commitment with New EV Charging Stations

Unity Bank Expands Sustainability Commitment with New EV Charging Stations

Charge your car while you charge up with a cup of coffee

CLINTON, N.J., Nov. 27, 2024 (GLOBE NEWSWIRE) -- Start your journey with a boost – for both you and your electric vehicle – at Unity Bank’s new EV charging stations, now open to the public at its Clinton, New Jersey headquarters. The stations can accommodate up to four vehicles and are part of the Lynkwell charging network. EV drivers are invited to enjoy complimentary beverages from the Unity Bank café during business hours while their vehicles charge. Employees and customers of the bank will also benefit from a special discount on charging fees.

“This significant enhancement not only supports our commitment to sustainability but also directly benefits those utilizing plug-in hybrid electric vehicles (PHEVs) or fully electric vehicles,” said James Hughes, President & CEO of Unity Bank. “This integration of renewable energy sources is a testament to our innovative approach.”

Unity Bank collaborated with Encore Energy Group, a leading provider in commercial EV infrastructure, to install the charging stations. These Lynkwell DCFC chargers provide fast charging capabilities, offering four plugs and 60kW DC fast charging, allowing multiple vehicles to be charged simultaneously.

“This is an investment not only for Unity Bank as a company but also for our employees, customers, and community members,” Hughes added. “We hope that by offering access to EV charging, more individuals will consider switching to electric vehicles and contribute to a more sustainable future.”

The new EV charging stations at Unity Bank’s headquarters, located at 64 Old Highway 22 in Clinton, NJ, are now fully operational and ready to serve the community.

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 21 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.

Contact:

Crystal Rose

Marketing Director

(908) 713-4310



EN
27/11/2024

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 Bank Expands Sustainability Commitment with New EV Charging Stat...

Unity Bank Expands Sustainability Commitment with New EV Charging Stations Charge your car while you charge up with a cup of coffee CLINTON, N.J., Nov. 27, 2024 (GLOBE NEWSWIRE) -- Start your journey with a boost – for both you and your electric vehicle – at Unity Bank’s new EV charging stations, now open to the public at its Clinton, New Jersey headquarters. The stations can accommodate up to four vehicles and are part of the Lynkwell charging network. EV drivers are invited to enjoy complimentary beverages from the Unity Bank café during business hours while their vehicles charge. Emp...

 PRESS RELEASE

Unity Bank’s Amanda Roche Honored as a New Leader in Banking by NJ Ban...

Unity Bank’s Amanda Roche Honored as a New Leader in Banking by NJ Bankers Association Prestigious Recognition Celebrates Rising Stars in New Jersey’s Banking Industry CLINTON, N.J., Nov. 26, 2024 (GLOBE NEWSWIRE) -- Unity Bank proudly announces that Amanda Roche, Vice President and Finance Department Supervisor, has been recognized as a 2024 New Leader in Banking by the New Jersey Bankers Association (NJBankers). This esteemed award honors outstanding young professionals who are making significant contributions to the New Jersey banking sector. A resident of Long Valley, New Jersey, R...

 PRESS RELEASE

Unity Bancorp Inc. Declares Cash Dividend

Unity Bancorp Inc. Declares Cash Dividend CLINTON, N.J., Nov. 21, 2024 (GLOBE NEWSWIRE) -- Unity Bancorp, Inc. (NASDAQ: UNTY), parent company of Unity Bank, announced that its Board of Directors has declared a cash dividend of $0.13 per common share. Such dividend is payable on December 31, 2024, to shareholders of record as of December 13, 2024. Unity Bancorp, Inc. is a financial services organization headquartered in Clinton, New Jersey, with approximately $2.6 billion in assets and $2.0 billion in deposits. Unity Bank, the Company’s wholly owned subsidiary, provides financial services...

Unity Bancorp Inc: 1 director

A director at Unity Bancorp Inc sold 1,043 shares at 44.978USD and the significance rating of the trade was 69/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearl...

 PRESS RELEASE

Unity Bancorp Reports Quarterly Earnings of $10.9 Million

Unity Bancorp Reports Quarterly Earnings of $10.9 Million CLINTON, N.J., Oct. 11, 2024 (GLOBE NEWSWIRE) -- Unity Bancorp, Inc. (NASDAQ: UNTY), parent company of Unity Bank, reported net income of $10.9 million, or $1.07 per diluted share, for the quarter ended September 30, 2024, compared to net income of $9.5 million, or $0.93 per diluted share for the quarter ended June 30, 2024. This represents a 15.3% increase in net income and a 15.1% increase in net income per diluted share. For the nine months ended September 30, 2024, Unity Bancorp reported net income of $29.9 million, or $2.94 pe...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch