ConnectOne Merger to Reshape Long Island Banking Landscape with $284M Deal
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ConnectOne receives FDIC approval for Long Island deal
New Jersey-based ConnectOne Bancorp received FDIC approval for its merger with First of Long Island Corp; lending-services fintech Oportun makes changes to its board of directors; Associated Banc-Corp's Steven Zandpour will succeed David Stein as head of consumer and business banking; and more in this week's banking news roundup.
FDIC Approves Merger Involving Melville Bank - Long Island Life & Politics
By Hank Russell ConnectOne Bank and The First National Bank of Long Island recently received the approval of the Federal Deposit Insurance Corporation (FDIC) to proceed with the previously announced merger of ConnectOne, a New [...] The post FDIC Approves Merger Involving Melville Bank appeared first on Long Island Life & Politics.
FDIC approves ConnectOne, Long Island bank merger
The basics: FDIC approves $284M ConnectOne–First of Long Island merger Combined bank to hold $14B in assets, $11B in deposits and loans Merger strengthens ConnectOne’s Long Island footprint Deal expected to close around June 1, pending final approvals The parent companies of ConnectOne Bank and The First National Bank of Long Island received approval from the Federal Deposit Insurance Corp. to proceed with merger plans. The transaction was valu…
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