other material
confidence high
sentiment neutral
materiality 0.50
Unity Bancorp discloses deposit base: 35k accounts, 75% FDIC insured, 50% retail
UNITY BANCORP INC /NJ/
- Approximately 35,000 deposit accounts with average balance of $28,000.
- 75% of deposit base is FDIC insured; 50% is retail deposits.
- Disclosure made by CEO James Hughes on Joe Piscopo radio show on March 30, 2023.