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Deals & Dealmakers

Unity Bank to open first branch in Somerville, NJ

Unity Bank expects to begin construction this month on a new branch to at 12 Mountain Avenue in Somerville, NJ, its first branch in the borough and third in Somerset County.

The bank currently has 15 branches, located in Hunterdon, Somerset, Middlesex, Union and Warren counties in New Jersey and Northampton County in Pennsylvania, as well as a loan production office in Bergen County, New Jersey.

“We are excited to be a part of the significant growth underway in Somerville and look forward to expanding our presence in Somerset County,” said Unity president & CEO James A. Hughes.

“The new branch will fit well in our existing service area and we believe Unity’s special brand of community banking will be well received by both individuals and the business community.

“Unity Bank specializes in the needs of small business customers, which are expanding in the thriving borough community, and we will be a very active financial partner in Somerville.”

Unity has proposed building a 1,600m s/f, single-story building with a brick, stone and stucco exterior. The design also incorporates a clock tower on the structure. The branch would have 10 parking spaces and a two-lane drive up window with ATM and night depository receptacle.

The bank aims to open the new facility by the end of summer.

The full-service branch would offer Unity’s range of consumer and commercial deposit, lending and investment services.

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