Workflow
Community banking
icon
Search documents
Unity Bank Expands Branch Network with Opening of New Location in Madison, New Jersey
Globenewswire· 2025-06-20 12:00
Core Viewpoint - Unity Bank is expanding its community banking presence with the opening of a new branch in Madison, NJ, bringing the total number of branches to 22, thereby enhancing its retail banking footprint in New Jersey and Pennsylvania [3][6]. Group 1: Branch Expansion - The new 2,000-square-foot branch features onsite parking, drive-up banking, and a full-service ATM, aimed at providing a seamless and convenient banking experience for customers [4]. - The branch previously operated under another bank and is being updated to meet Unity Bank's high standards for a welcoming environment [4]. Group 2: Leadership and Management - Linda Kemper, Vice President/Area Manager, leads the new branch sales team, bringing extensive experience in community banking and a strong dedication to customer service [5]. Group 3: Financial Performance - Unity Bank manages approximately $2.6 billion in total assets and holds $2.0 billion in deposits, reflecting its commitment to providing exceptional financial services tailored to retail, corporate, and small business customers [7]. Group 4: Company Overview - Unity Bancorp, Inc. (NASDAQ: UNTY) is the parent company of Unity Bank, which operates 22 branches across New Jersey and the Lehigh Valley, Pennsylvania, offering community-focused commercial banking services [8].
Washington Trust provides $11 million in financing to Track 15 Operating, LLC
Prnewswire· 2025-03-31 14:00
Financing and Development - Washington Trust's Commercial Banking Group provided $11 million in financing for the construction and equipment of Track 15, an 18,000 square foot food hall in the former Union Station, Providence, R.I. [1] - Track 15 is designed to honor the station's history and features seven Rhode Island-based restaurateurs offering diverse culinary options [2][3] Community Impact - The food hall aims to create a sense of community by connecting Waterplace Park, the Riverwalk system, and the city's Financial District [3] - Track 15 is positioned as a unique investment in downtown Providence, enhancing the local dining experience [3] Company Background - Washington Trust, founded in 1800, is the oldest community bank in the U.S. and a leading financial services provider in the Northeast [4] - Marsella Development Corporation has been involved in significant redevelopment projects in Providence for over four decades, including the rehabilitation of the Union Station Complex [5]