Fulton's latest acquisition nears finish line

The all-stock transaction, , is expected to close on or around April 1, the two banks said in a press release. Regulatory approvals have been granted by the Federal Reserve and the Office of the Comptroller of the Currency, according to the release.Fulton, the parent company of Fulton Bank, agreed to pay $243 million for the Rutherford, N.J.-based Blue Foundry. The latter operated as a depositor-owned mutual thrift for most of its history until it converted into a publicly traded bank in 2021. It has .Fulto ...