HomeFinanceUnity Bank opens Parsippany area branch; 1st location in Morris County

Unity Bank opens Parsippany area branch; 1st location in Morris County

Unity Bank recently opened its first full-service branch in Morris County, Unity’s third new retail banking site in the last 10 months.

Leaders from business and government joined Unity and the Parsippany Area Chamber of Commerce for a ribbon-cutting ceremony at the branch, located at 66 N. Beverwyck Road in the Lake Hiawatha section of Parsippany-Troy Hills.

“The township is pleased to welcome Unity Bank to our community,” Parsippany-Troy Hills Mayor James Barberio said. “The residents and businesses of Parsippany-Troy Hills continue to need local banking services, even during an age when many financial options are available online. We appreciate Unity’s investment in our community and look forward to a successful future for the bank and the Lake Hiawatha branch for many years to come.”

Unity celebrated the opening by presenting three $500 donations to the Morris County Sheriff’s CrimeStoppers, Lake Hiawatha Fire Department and Parsippany PBA.

“We appreciate the great turnout for our opening from the Parsippany-Troy Hills community,” Unity Bank CEO and President James Hughes said. “Banking services at the branch level are increasingly important to our customers, including homeowners and small businesses. Unity is a community bank that strongly believes in supporting local organizations, and we plan to be an active corporate citizen in Morris County.”

The 3,864-square-foot North Beverwyck Road facility was previously operated as a branch by another bank. The branch, which was fully modernized over the summer, includes six dedicated parking spaces and drive-up banking and ATM services.

Unity’s retail banking presence now includes 21 branches in Bergen, Hunterdon, Middlesex, Morris, Ocean, Somerset, Union and Warren counties in New Jersey and Northampton County in Pennsylvania. Unity also recently opened new branches in Fort Lee in Bergen County and Lakewood, which marked the bank’s first site in Ocean County. Unity holds about $2.6 billion in assets and $1.8 billion in deposits.

Related Articles

Prudential Financial appoints CEO Sullivan to chairman, succeeding Lowrey

Newark-based Prudential Financial, Inc., announced that its board of directors has appointed Andrew Sullivan, currently serving as chief executive officer, to the additional role...

TD Bank U.S. adds Workday integration to expand embedded banking for businesses

TD Bank U.S., headquartered in Mount Laurel, said it has expanded its embedded banking offering to include functionality within Workday, a move aimed at...

Manasquan Bank’s Vaccaro named president of National Community Depository Institutions Advisory Council 

Manasquan Bank said March 9 that its chair, president, and CEO, James S. Vaccaro, has been appointed president of the National Community Depository Institutions...
00:00:53

Film industry growth offers new opportunities for N.J. bankers

The rapid expansion of New Jersey’s film and television industry is creating new opportunities for businesses and financial institutions across the state, panelists said...

American Express named official payments partner of MetLife Stadium, Jets and Giants

American Express is expanding its sports and entertainment partnerships with new long-term deals that will bring cardholder benefits to venues and teams in the...

NJBankers hold volunteer event at Community FoodBank of NJ 

The New Jersey Bankers Association hosted a Volunteer Day at the Community FoodBank of New Jersey’s Hillside warehouse, the first event as part of...

Latest Articles

New Portal Bridge used ahead of schedule as delays impact NJ Transit riders

Train service between Newark and New York was limited Friday, with delays of up to an hour due to overhead wire issues at the...

What an ‘AI-proof’ job entails — and who’s at risk of losing out

The Bureau of Labor Statistics’ February jobs report revealed 92,000 losses in nonfarm sectors. For job seekers, this paints an abysmal picture — a continuation...

AAA: N.J.’s gallon of gas average jumps to $3.53 — 16th-highest in the nation

Voorhees-based AAA reports that the average price for a gallon of regular gasoline in New Jersey rose 33 cents over the last week to...

Florham Park law firm Schenck Price adds Moon to firm 

Schenck Price, Smith & King LLP, located in Florham Park, said Elizabeth Moon has joined the firm as a partner in its Labor and...

ICON Real Estate Advisors arranges $7.95M sale of East Orange multifamily property 

ICON Real Estate Advisors has arranged the $7.95 million sale of a 58-unit garden-style multifamily property at 223 Prospect St. in East Orange. ICON represented...

Finding the Right Pediatrician for Your Baby and Your Family

Choosing a pediatrician is one of the earliest and most important decisions you make as a parent. Many parents research online, read reviews, and...

Latest Articles

New Portal Bridge used ahead of schedule as delays impact NJ Transit riders

Train service between Newark and New York was limited Friday, with delays of up to an hour due to overhead wire issues at the...

What an ‘AI-proof’ job entails — and who’s at risk of losing out

The Bureau of Labor Statistics’ February jobs report revealed 92,000 losses in nonfarm sectors. For job seekers, this paints an abysmal picture — a continuation...

AAA: N.J.’s gallon of gas average jumps to $3.53 — 16th-highest in the nation

Voorhees-based AAA reports that the average price for a gallon of regular gasoline in New Jersey rose 33 cents over the last week to...

Florham Park law firm Schenck Price adds Moon to firm 

Schenck Price, Smith & King LLP, located in Florham Park, said Elizabeth Moon has joined the firm as a partner in its Labor and...

ICON Real Estate Advisors arranges $7.95M sale of East Orange multifamily property 

ICON Real Estate Advisors has arranged the $7.95 million sale of a 58-unit garden-style multifamily property at 223 Prospect St. in East Orange. ICON represented...