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                       SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT

                       Pursuant to Section 13 or 15(d) of
                       the Securities Exchange Act of 1934

       Date of Report (Date of earliest event reported)  April 16, 1998
                                                         --------------

                               UNITY BANCORP, INC.
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             (Exact name of registrant as specified in its charter)


        DELAWARE                       1-12431              22-3282551
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(State or other jurisdiction         (Commission          (IRS Employer
    of incorporation)                File Number)      Identification No.)


 64 OLD HIGHWAY 22, CLINTON, NEW JERSEY                                 08809
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(Address of principal executive offices)                              (Zip Code)


        Registrant's telephone number, including area code (908) 730-7630
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Item 5. Other.
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     The Registrant issued a press release on April 16, 1998 announcing its
results for the First Quarter of 1998. The Registrant reported record net income
of $340,500, or fully diluted earnings of $0.16 per share, compared to net
income of $196,500, or fully diluted earnings of $0.10 per share for the First
Quarter of 1997.


Item 7. Exhibits.
        ---------

     The following exhibit is filed with this Current Report on Form 8-K.

      Exhibit No.             Description
      -----------             -----------

         99                   Press Release dated April 16, 1998


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                                   SIGNATURES

     Pursuant to the requirements of the Securities Exchange Act of 1934, Unity
Bancorp, Inc. has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.


                                    UNITY BANCORP, INC.
                                    ------------------------------------
                                    (Registrant)




Dated: April 21, 1998               By: /s/ JULIE Y. CARLSON
                                        --------------------------------
                                        JULIE Y. CARLSON, Vice President


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                                  EXHIBIT INDEX

                           CURRENT REPORT ON FORM 8-K


Exhibit No.       Description                                   Page No.
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    99            Press Release dated April 16, 1998


                                   Page 4 of 6