StockWatch
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Major Banks
Management ChangeAug 7, 2026, 08:07 AM

Unity Bancorp Mourns Passing of Founding Board Member Robert H. Dallas II

AI Summary

Unity Bancorp, Inc. announced with profound sadness the passing of Robert H. Dallas II, a founding member of Unity Bank and a Board member since its inception. Mr. Dallas played an instrumental role in guiding Unity's growth for over three decades, shaping its culture and success. The company, with approximately $3.2 billion in assets and $2.5 billion in deposits, expressed deep condolences to his family, acknowledging his lasting impact on the organization and the communities it serves.

Key Highlights

  • Robert H. Dallas II, a founding member of Unity Bank, passed away.
  • Mr. Dallas served on the Company's Board since inception for over three decades.
  • Unity Bancorp, Inc. has approximately $3.2 billion in assets.
  • Unity Bank, the wholly owned subsidiary, has $2.5 billion in deposits.
  • Mr. Dallas was the brother of Chairman David D. Dallas.