Fulton Financial Corporation and Blue Foundry Bancorp have just announced the receipt of all required regulatory approvals for their upcoming merger. The transaction, which was announced on November 24, 2025, is expected to be completed on or around April 1, 2026, pending the satisfaction or waiver of the remaining customary closing conditions set forth in the definitive merger agreement governing the transaction.
Fulton Financial Corporation, a premier community banking organization, is a $32 billion asset financial holding company providing a variety of financial services through its subsidiary bank, Fulton Bank, N.A., in Pennsylvania, Maryland, Delaware, New Jersey, and Virginia. On the other hand, Blue Foundry Bancorp is the holding company for Blue Foundry Bank, headquartered in Rutherford, New Jersey, with a presence in several counties in New Jersey.
The transaction has received strong support from Blue Foundry stockholders, with regulatory approvals granted by the Board of Governors of the Federal Reserve System and the Office of the Comptroller of the Currency. The merger is anticipated to deepen the impact of both organizations across New Jersey.
This development signifies a significant step forward for both entities as they work towards uniting their organizations and building vibrant communities. As a result of these announcements, the company's shares have moved -0.84% on the market, and are now trading at a price of $20.00. For the full picture, make sure to review FULTON FINANCIAL CORP's 8-K report.
