Unity Bancorp, the holding company for Unity Bank, announced today the appointment of Mr. David Hensley as its acting Chief Lending Officer. Mr. Hensley has been employed by Unity since November 2005. Mr. Hensley has over 39 years in the financial services industry, including positions of President and Chief Operating Officer of Phillipsburg National Bank, Executive Vice President of Twin Rivers Community Bank, and Regional Senior Vice President of Commercial Lending for United Trust Bank. Mr. Hensley, has served as Senior Vice President of Commercial Lending. Mr. Hensley will now assume responsibility for both commercial and SBA lending.

Mr. Michael Downes, who was previously the Company's Chief Lending Officer, will remain with the Company. Mr. Downes' primary responsibility will be the ongoing maintenance and monitoring of our existing loan portfolio. Last year, Unity exited the National SBA market and has decided to limit SBA lending to its primary trade areas. Mr. Downes, who has extensive SBA experience, will continue to administer the SBA program.

Name and      Age     Principal          Officer   Term Expires
Position              Occupation for      Since
                      the Past Five
                      Years

David         62      Senior Vice          2005       N/A(1)
Hensley               President of the
Senior                Registrant;
Vice                  previously,
President             President of
and Chief             Phillipsburg
Lending               National Bank.
Officer

(1) Under New Jersey law, officers serve at the pleasure of the Board of Directors, and do not have set terms.

There are no arrangements or understandings between Mr. Hensley and any other persons pursuant to which Mr. Hensley was selected as acting Chief Lending Officer. Mr. Hensley has no family relationship with any other director or executive officer of the Registrant, nor with any person nominated or chosen to serve as a director or executive officer of the Registrant.

There are no "related party transactions" between Mr. Hensley and the Company or the Bank which require disclosure.

Other than as described below, there are no material plans, contracts or other arrangements (or amendments thereto) to which Mr. Hensley is a party, or in which he participates, that was entered into or amended, in connection with Mr. Hensley being appointed as acting Senior Vice President and Chief Lending Officer. Mr. Hensley is currently subject to a change in control agreement with the Company pursuant to which he would receive six (6) month's worth of his current base salary upon the occurrence of a change in control of the Company followed by certain adverse employment actions taken by the Company or its successor. However, the Company is a participant in the U.S. Treasury's Capital Purchase Program ("CPP"), and as such, must comply with Treasury Department regulations governing executive compensation of companies participating in the CPP. Mr. Hensley will therefore waive those provisions of his change in control agreement which are prohibited by such Treasury regulations for so long as they are so prohibited. The form of waiver to be signed by Mr. Hensley is the same as that previously signed by the Company's other executive officers, which was filed as Exhibit 10.2 to the Company's Current Report on Form 8-K filed with the SEC on March 19, 2009.