Unity Financial institution Names Sector Veteran George Boyan Chief Economical Officer

CLINTON, N.J., March 26, 2021 (Globe NEWSWIRE) — Banking field veteran George Boyan has joined Unity Lender as Main Financial Officer (CFO) bringing additional than 20 decades of financial products and services business management practical experience to the local community financial institution. Boyan is responsible for financial and accounting operations for Unity Bancorp, Inc. (NASDAQ: UNTY), the mum or dad company of Unity Financial institution, which manages about $2 billion in belongings and $1.6 billion in deposits.

Boyan, a Harding resident, had served as Initial Senior Vice President, Treasurer & Controller with Bank Leumi United states of america considering the fact that January 2014. He also served as President of Leumi Financial investment Expert services, due to the fact Oct 2018.

“George has an outstanding history in financial management and will enjoy an important purpose in our continued advancement,” explained Unity Bank President & CEO James A. Hughes. “He brings a crucial perspective to our leadership workforce as a fiscal providers supervisor. George takes on the significant part of primary the growth of fiscal guidelines and overseeing all monetary capabilities which includes accounting, budgeting, insurance policy, tax, and treasury.”

Prior to Leumi, Boyan labored with Goldman Sachs and MetLife. He also worked with the late New Jersey Rep. Marge Roukema, supporting the congresswoman’s operate with the U.S. Residence of Reps Economical Solutions Committee. He earned a Master’s in Accounting from Rutgers College Business enterprise Faculty, Juris Health care provider from Rutgers College of Law and B.S. in Finance & Political Science from Rutgers.

“I am delighted to sign up for the Unity Lender staff and search ahead to partnering with all of its stakeholders,” reported Boyan. “Together, we will go after the continued enlargement of the economic goods and products and services offered to the bank’s prospects when optimizing our shareholders’ return on investment. Unity’s buyer interactions are central to its mission of ‘Growing with You’ and, as we assistance our customers comprehend their fiscal desires, we also gasoline the future phase of development for the financial institution.”

About Unity Bancorp, Inc.
Unity Bancorp, Inc. (NASDAQ: UNTY), the mum or dad company of Unity Bank, its main and wholly owned subsidiary, is a economic services group headquartered in Clinton, New Jersey. Unity Lender provides fiscal companies to enterprises and shoppers at 19 branches all over New Jersey and the Lehigh Valley, Pennsylvania. Unity Lender presents local community-oriented business banking solutions, including deposit accounts, loans, on the net and mobile expert services. For extra information, remember to visit unitybank.com or call 800-618-Bank (800-618-2265).

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