Attending the Unity Bank Parsippany opening (from left) were Jigar Shah of DK International; Morris County Sheriff James Gannon; Unity Bank Senior Retail Officer Dan Sharabba; Parsippany-Troy Hills Mayor James Barberio; Parsippany-Troy Hills Economic Development Chairman Frank Cahill; Unity Bank Parsippany Area Manager Dhaval (DJ) Bhatt; Parsippany-Troy Hills Township Council President Loretta Gragnani; Unity Bank Chief Financial Officer George Boyan; Parsippany Area Chamber of Commerce CEO Robert Peluso and Parsippany-Troy Hills Township Council Member Justin Musella. — Courtesy: Unity
By Joshua Burd
Unity Bank has opened a new branch in Parsippany-Troy Hills, its first full-service location in Morris County and its third new retail site in the last 10 months.
The lender, which is based in Clinton, now occupies 3,864 square feet at 66 North Beverwyck Road after modernizing a space that had housed another bank. It unveiled the branch in the township’s Lake Hiawatha section as it recently welcomed local business and government leaders.
“The township is pleased to welcome Unity Bank to our community,” Parsippany-Troy Hills Mayor James R. Barberio said. “The residents and businesses of Parsippany-Troy Hills continue to need local banking services even during an age when many financial options are available online. We appreciate Unity’s investment in our community and look forward to a successful future for the bank and the Lake Hiawatha branch for many years to come.”
In a news release, Unity noted that the new facility includes six dedicated parking spaces and drive-up banking and ATM services. Its retail banking presence now includes 21 branches in Bergen, Hunterdon, Middlesex, Morris, Ocean, Somerset, Union and Warren counties in New Jersey and Northampton County in Pennsylvania, while it holds about $2.6 billion in assets and $1.8 billion in deposits.
Those on hand for the recent ribbon-cutting also included Morris County Sheriff James Gannon; Parsippany-Troy Hills Council President Loretta Gragnani, Council Vice President Michael J. DePierro and Councilman Justin Musella; Frank L. Cahill, Dr. Bhagirath Maheta and Raj Dichpally, respectively, chairman, vice chairman and secretary of the Parsippany-Troy Hills Economic Development Advisory Committee; Parsippany Area Chamber of Commerce CEO Robert Peluso and Eastern Janitorial CEO and President Nick Rafanello.
Unity celebrated the opening by presenting three $500 donations to the Morris County Sheriff’s CrimeStoppers, Lake Hiawatha Fire Department and Parsippany PBA.
“We appreciate the great turnout for our opening from the Parsippany-Troy Hills community,” Unity Bank CEO and President James A. Hughes said. “Banking services at the branch level are increasingly important to our customers, including homeowners and small businesses. Unity is a community bank that strongly believes in supporting local organizations and we plan to be an active corporate citizen in Morris County.”
Unity’s Parsippany branch team includes Parsippany Area Manager Dhaval (DJ) Bhatt, Branch Operations Manager Zefkiser Ferati and Personal Banker Smita Patel.
