| The Registrant issued a press release on April 25, 2014, announcing the election of Dr. Austin H. Kutscher, Jr. and Donald Souders, Jr. Esq. to the Registrant’s Board of Directors, the full test of which is filed as Exhibit 99.1 with thie Current Report on Form 8-K. Dr. Austin H. Kutscher, Jr. and Donald Souders, Jr. Esq. previously served as members of the Board of Directors of Unity Bank, the Registrant’s wholly owned subsidiary. Dr. Austin H. Kutscher, Jr. and Donald Souders, Jr. Esq. will serve on the Human Resources compensation committee of the Registrant’s Board of Directors. There are no arrangements or understandings between Dr. Austin H. Kutscher, Jr. and Donald Souders, Jr. Esq. and any other persons pursuant to which they were selected as directors. There are no material plans, contracts, or arrangements to which Dr. Austin H. Kutscher, Jr. and Donald Souders, Jr. Esq. are parties of or in which they participate that was entered into or materially amended in connection with their appointment to the Board, nor are there any grants or awards to Dr. Austin H. Kutscher, Jr. and Donald Souders, Jr. Esq., in connection with the same. Dr. Austin H. Kutscher, Jr. and Donald Souders, Jr. Esq conduct banking transactions with Bank from time to time. Each such transaction is made in the ordinary course of the Bank’s business on substantially the same terms, including interest rates and collateral, as those prevailing at the time for comparable transactions with other persons and do not involve more than the normal risk of collectability or present other unfavorable features. |