Unity Bancorp, Inc., parent company of Unity Bank, has been selected for the second year in a row for the national Top 25 Banks ranking published by Bank Director magazine.

Unity was 13th nationally on the ranking of the largest 300 publicly-traded banks and 7th nationally for banks in the $1 billion to $5 billion asset category.

The rankings represent improvements from the 2022 ranking for Unity, which came in at 21st nationally and 9th in its asset category on the previous list.

Unity holds approximately $2.6 billion in assets and $1.8 billion in deposits.

“We are honored to be recognized on this prestigious national ranking for the second consecutive year,” said Unity Bank President & CEO James A. Hughes.

“We continue to invest in our future by opening new branches, expanding our service area and providing new opportunities for our employees to grow while delivering value for our shareholders,” said Hughes.

Unity’s second appearance on Top 25 Banks was highlighted by its profitability performance. The bank ranked 12th nationally for Return on Average Assets (ROAA).

Unity Bank provides financial services to businesses and consumers at 20 branches in New Jersey and the Lehigh Valley.