Core Viewpoint - Fulton Financial Corporation has received all necessary regulatory approvals to acquire Blue Foundry Bancorp in an all-stock transaction, expected to be completed around April 1, 2026 [1][2][3]. Group 1: Transaction Details - The acquisition was announced on November 24, 2025, and has received approvals from the Federal Reserve System and the Office of the Comptroller of the Currency [2][3]. - Blue Foundry's stockholders approved the transaction on January 29, 2026, indicating strong support for the merger [2][3]. - The completion of the transaction is contingent upon satisfying or waiving customary closing conditions outlined in the merger agreement [3]. Group 2: Company Profiles - Fulton Financial Corporation, headquartered in Lancaster, Pennsylvania, is a community banking organization with $32 billion in assets, providing various financial services through its subsidiary, Fulton Bank, across several states [4]. - Blue Foundry Bancorp, based in Rutherford, New Jersey, operates Blue Foundry Bank, which serves multiple counties and focuses on providing tailored financial products and services [5].
Fulton Financial Corporation and Blue Foundry Bancorp Announce Regulatory Approvals and Anticipated Merger Closing Date