ACKNOWLEDGEMENT AND CONSENT OF FDIC CONSENT ORDER BETWEEN COMMISSIONER OF BANKING AND INSURANCE ANDAcknowledgement and Consent of Fdic Consent Order • July 16th, 2020 • Unity Bancorp Inc /Nj/ • State commercial banks
The Commissioner of Banking and Insurance for the State of New Jersey (“Commissioner”), having reviewed and duly approved the foregoing CONSENT ORDER, FDIC-20-0014b (“ORDER”), and Unity Bank, Clinton, New Jersey (“Bank”), agrees that upon issuance of the said ORDER by the Federal Deposit Insurance Corporation (“FDIC”) such ORDER shall be binding as between the Bank and the Commissioner with the same legal effect and to the same degree that such ORDER would be binding on the Bank if the Commissioner had issued a separate ORDER pursuant to the provisions of N.J.S.A. 17:9A-267, that included and incorporated all of the provisions of the foregoing ORDER.
