Unity Bancorp Inc., parent company of Unity Bank, on Thursday said Allen Tucker, 95, has retired as vice chairman of its board of directors. Tucker had been a member of the Unity Board since 1995.
“Allen Tucker has been a cherished member of the Unity family for nearly three decades,” Unity Bank CEO and President James Hughes said. “Allen’s commitment to the Unity Board, investors, employees and the community has truly been inspiring. We are forever indebted to Allen for the wisdom and guidance he has provided.”
The founder and chairman of Tucker Enterprises of Clark, Tucker has been active in the real estate and banking communities for more than 50 years. In 2000, Unity Bank created the Allen Tucker Award to honor employees that demonstrate outstanding service to both internal and external customers.
“I have many great memories from my experiences with Unity over the years,” Tucker, a Navy veteran of World War II, said. “I particularly enjoyed attending the Unity Bank employee holiday party where the Allen Tucker Service Award was presented each year. The naming of the award has always been a very special honor. I have been fortunate to develop many long-lasting relationships and friendships with the bank community over the years, which is why I have remained as a Unity director.”
Tucker’s son Aaron, 59, a Unity director since 2014, has succeeded his father as vice chairman of the Unity board. Aaron Tucker is CEO and president of Tucker Enterprises, a diversified, privately held real estate company that has owned, developed, constructed and managed over 1 million square feet of industrial, residential, office and commercial properties along the East Coast.
Unity Bank holds about $2.1 billion in assets and $1.8 billion in deposits.