STOCK TITAN

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

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

Unity Bank announces the appointment of Adam Kuras as Chief Lending Officer, bringing over 27 years of banking experience to the role. Kuras, previously with Fulton Bank, will enhance Unity's commercial lending program, vital for the bank's growth. Unity Bank, a community-oriented financial services provider, has 19 branches in New Jersey and Pennsylvania, aiming to strengthen its regional lending capabilities.

Positive
  • Adam Kuras joins Unity Bank as Chief Lending Officer, enhancing leadership with 27 years of experience.
  • Kuras aims to further strengthen Unity's growing commercial lending program.
Negative
  • None.

CLINTON, N.J., Oct. 26, 2020 (GLOBE NEWSWIRE) -- Adam Kuras has joined Unity Bank 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 unitybank.com or call 800-618-BANK (800-618-2265).

MEDIA CONTACT:
Fred Feiner
Yankee Public Relations
(908) 425-4878
fred@yankeepr.com

FAQ

What is the significance of Adam Kuras's appointment at Unity Bank?

Adam Kuras's appointment as Chief Lending Officer is significant as he brings over 27 years of experience, which can enhance Unity Bank's commercial lending program.

How many branches does Unity Bank operate?

Unity Bank operates 19 branches throughout New Jersey and the Lehigh Valley, Pennsylvania.

What experience does Adam Kuras bring to Unity Bank?

Adam Kuras brings 27 years of banking and finance leadership experience, previously serving at Fulton Bank.

What role will Adam Kuras play at Unity Bank?

As Chief Lending Officer, Adam Kuras will play a crucial role in developing Unity Bank's commercial lending program.

What services does Unity Bank offer?

Unity Bank offers community-oriented commercial banking services, including deposit accounts, loans, and online and mobile services.

Unity Bancorp

NASDAQ:UNTY

UNTY Rankings

UNTY Latest News

UNTY Stock Data

451.60M
9.98M
29.18%
50.12%
0.25%
Banks - Regional
State Commercial Banks
Link
United States of America
CLINTON