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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) October 18, 1999

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

       DELAWARE                       1-12431                    22-3282551
- -----------------------------       -----------              -------------------
(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 October 18, 1999 announcing that
a cash divident was declared by the Board of Directors of the Registrant.

Item 7. Exhibits.
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     The following exhibit is filed with this Current Report on Form 8-K.

         Exhibit No.                              Description
         -----------                   ----------------------------------
              99                       Press Release dated October 18, 1999


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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: November 5, 1999             By: /s/ KEVIN KILLIAN
                                        ----------------------------------------
                                        KEVIN KILLIAN, Chief Financial Officer


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                                  EXHIBIT INDEX

                           CURRENT REPORT ON FORM 8-K

Exhibit No.       Description                                          Page No.
- -----------       -----------                                          ---------
   99             Press Release dated October 18, 1999                    5


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