UNITY BANCORP INC /DE/
8-K, 1999-04-02
STATE COMMERCIAL BANKS
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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) March 22, 1999

                               UNITY BANCORP, INC.
             ------------------------------------------------------
             (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
- ----------------------------------------                              ----------
(Address of principal executive offices)                              (Zip Code)


        Registrant's telephone number, including area code (908) 730-7630

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<PAGE>

Item 5. Other.

     The Registrant announced that its Board of Directors approved a stock
repurchase program under which the Registrant may, from time to time, repurchase
up to two hundred fifty thousand (250,000) shares of its outstanding common
stock. Purchases under the program may be made in open market or in privately
negotiated transactions.
     
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<PAGE>
                                   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: March 22, 1999              By: /s/ KEVIN KILLIAN
                                       ------------------------
                                       KEVIN KILLIAN, Chief Financial Officer


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