Pennsylvania Business Report
PA-based Fulton Financial agrees to buy Blue Foundry, expand into NJ
Fulton Financial Corp., a community banking organization headquartered in Lancaster, Pa., is buying Rutherford, N.J.-based Blue Foundry Bancorp. The companies said Nov. 24 that they have entered into a definitive merger agreement pursuant to which Fulton will acquire Blue Foundry in an all-stock transaction currently valued at roughly $243 million. “We're bringing together two community-focused banks with shared values and a strong commitment to making banking personal for each and every...
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