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Unity Bank Ranked 13th Nationally, Reports Decrease in Net Income
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Unity Bancorp, Inc., the parent company of Unity Bank, has been ranked 13th nationally in the Top 25 Banks ranking published by Bank Director magazine. The bank also reported net income of $9.7 million for the quarter ended June 30, 2023, representing a 5.7% decrease compared to the previous quarter.
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How does the inverted yield curve impact Unity Bank's performance?
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