Unity Bancorp, Inc. and Unity Bank Announces Executive Changes
January 27, 2020 at 06:06 pm
Share
On January 24, 2020, Alan J. Bedner, the Executive Vice President and Chief Financial Officer of Unity Bancorp, Inc. and Unity Bank, resigned from the company and the Bank, effective immediately. It is anticipated that Mr. Bedner will remain with the company and the Bank until not later than April 1, 2020 to facilitate transition. The company has appointed Laureen S. Cook, who previously served as Controller and SVP, as interim principal accounting and financial officer.
Unity Bancorp, Inc. is a bank holding company that serves as a holding company for Unity Bank (the Bank). The primary activity of the Company is ownership and supervision of the Bank. The Bank, the Companyâs wholly owned subsidiary, provides financial services to retail, corporate and small business customers through its branch network located in Bergen, Hunterdon, Middlesex, Morris, Ocean, Somerset, Union and Warren Counties in New Jersey and Northampton County in Pennsylvania. The Bank conducts a traditional and community-oriented commercial banking business and offers services, including personal and business checking accounts, time deposits, money market accounts, savings accounts, credit cards, debit cards, wire transfers, safe deposit boxes, access to automated teller services and Internet and mobile banking, typical of a community banking business. The Bank also offers retirement accounts, automated clearing house (ACH) origination and remote deposit capture (RDC).