Unity Bancorp, Inc. Names Anthony L. Cossetti as Executive Vice President and Chief Financial Officer, Effective June 8, 2020
May 05, 2020 at 07:00 am
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Unity Bancorp, Inc. announced that industry veteran Anthony L. Cossetti will be joining the Company as Executive Vice President and Chief Financial Officer, effective June 8, 2020. Mr. Cossetti has extensive experience in finance, accounting and reporting, budgeting, liquidity and capital management, strategic planning and interest rate risk management. Mr. Cossetti has over 25 years of finance and accounting experience, most recently at Beneficial Bancorp, Philadelphia, PA, as Senior Vice President and Corporate Treasurer.
While there, Mr. Cossetti directed areas such as mergers and acquisitions, asset and liability management, investments, borrowings and hedging decisions. Mr. Cossetti currently serves as a Finance Committee Member for the National Board of Osteopathic Medical Examiners, where he was previously an Audit Committee member. He also served as an Advisory Board Member to the Federal Home Loan Bank of Pittsburgh.
Unity Bancorp, Inc. is a bank holding company that serves as a holding company for Unity Bank (the Bank). The primary activity of the Company is ownership and supervision of the Bank. The Bank, the Companyâs wholly owned subsidiary, provides financial services to retail, corporate and small business customers through its branch network located in Bergen, Hunterdon, Middlesex, Morris, Ocean, Somerset, Union and Warren Counties in New Jersey and Northampton County in Pennsylvania. The Bank conducts a traditional and community-oriented commercial banking business and offers services, including personal and business checking accounts, time deposits, money market accounts, savings accounts, credit cards, debit cards, wire transfers, safe deposit boxes, access to automated teller services and Internet and mobile banking, typical of a community banking business. The Bank also offers retirement accounts, automated clearing house (ACH) origination and remote deposit capture (RDC).