Press Releases June 11, 2026 10:25 AM

Unity Bank Appoints Sara M. Sooy and Alfred J. Gaburo to Board of Directors

Unity Bancorp Enhances Board with Appointments of Sara M. Sooy and Alfred J. Gaburo to Strengthen Governance and Regional Expertise

By Jordan Park
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Unity Bancorp, Inc. announced the appointment of Sara M. Sooy and Alfred J. Gaburo to the Board of Directors of Unity Bank, its subsidiary. Both bring extensive experience in banking, finance, public affairs, and regional economic development, expected to strengthen the bank's governance and support its growth in New Jersey and the Lehigh Valley.

Unity Bank Appoints Sara M. Sooy and Alfred J. Gaburo to Board of Directors
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Key Points

  • Sara M. Sooy brings strong experience in banking, finance, and governance, including audit committee service and credit risk evaluation.
  • Alfred J. Gaburo contributes over 30 years of public affairs and economic development expertise, with leadership roles in multiple sectors including healthcare and transportation.
  • These appointments reinforce Unity Bank's commitment to strong corporate governance and local market knowledge, supporting its community banking focus across New Jersey and Pennsylvania.

CLINTON, N.J., June 11, 2026 (GLOBE NEWSWIRE) -- Unity Bancorp, Inc. (NASDAQ: UNTY), the parent company of Unity Bank, announced that its Board of Directors has voted to appoint Sara M. Sooy and Alfred J. Gaburo to the Unity Bank Board of Directors.

Sooy brings significant banking, finance, governance, and public-sector leadership experience to the board. Her background includes public company audit committee service, credit risk evaluation, commercial real estate finance, enterprise risk governance, capital planning, and fiduciary oversight. She has held roles with Investors Bank and the New Jersey Economic Development Authority, and currently serves as a Somerset County Commissioner.

Gaburo brings more than three decades of experience in public affairs, government relations, economic development, and strategic advocacy. He has represented leading organizations across New Jersey in industries including healthcare, insurance, transportation, environmental services, maritime, and pharmaceuticals. He also previously served in elected office as a member of the Raritan Borough Council, where he was elected council president and served on the Planning Board and as Police and Fire Commissioner.

“We are pleased to welcome Al and Sara to the Unity Bank Board of Directors,” said James A. Hughes, CEO of Unity Bank. “Their professional experience, leadership, and deep understanding of New Jersey’s business and community landscape will strengthen our board and support Unity’s continued growth.”

Sooy earned an MBA in Real Estate Finance from Rutgers University and a Bachelor of Science in Economics, with a concentration in International Economics, from Saint Francis College. She also serves on several boards and advisory bodies, including the North Jersey Transportation Planning Authority, Somerset County Business Partnership, and Robert Wood Johnson University Hospital Latino Advisory Board.

Gaburo is a graduate of the University of Delaware and attended the American Institute of Applied Politics in Washington, D.C., and the Eagleton Institute of Applied Politics at Rutgers University. He is also a Leadership New Jersey Fellow, Class of 2000. Gaburo has served on numerous boards and commissions, including Advantage Bank, Community First Bank, Commercial Fidelity Insurance Company, Triad Healthcare, Chronus Healthcare, and the Board of Governors at Saint Peter’s University Healthcare System in New Brunswick.

The appointments reflect Unity Bank’s ongoing commitment to strong corporate governance and experienced leadership as the bank continues to serve customers, businesses, and communities across New Jersey and the Lehigh Valley.

About Unity Bancorp, Inc.

Unity Bancorp, Inc. (NASDAQ: UNTY) is the parent company of Unity Bank, a financial services organization based in Clinton, New Jersey. Unity Bank operates 22 branches across New Jersey and the Lehigh Valley, Pennsylvania, offering community-focused commercial banking services, including deposit accounts, loans, and digital services. For details, visit unitybank.com or call 800-618-BANK (800-618-2265). Unity Bank is a member of the Federal Deposit Insurance Corporation (FDIC). To learn about FDIC insurance, visit FDIC.gov.

Photos accompanying this announcement are available at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/cfc60659-a5d3-4698-9f13-7a509fd5af93
https://www.globenewswire.com/NewsRoom/AttachmentNg/5dfec84c-246d-421a-be22-afad3646e991


Risks

  • Integration of new board members may present governance adjustment challenges impacting decision-making.
  • Economic conditions in New Jersey and the Lehigh Valley could affect Unity Bank's growth prospects despite enhanced leadership.
  • Competition in the regional banking sector remains intense, potentially limiting the impact of governance improvements on financial performance.

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