Business
FULTON FINANCIAL CORPORATION AND BLUE FOUNDRY BANCORP ANNOUNCE REGULATORY APPROVALS AND ANTICIPATED MERGER CLOSING DATE
Fulton Financial Corporation (Nasdaq: FULT) ("Fulton") and Blue Foundry Bancorp (Nasdaq: BLFY) ("Blue Foundry") today jointly announced the receipt of all required regulatory approvals for the previously announced all-stock transaction pursuant to which Fulton will acquire Blue Foundry.
About this update from Fulton Financial Corporation
[{"type":"text","content":"LANCASTER, Pa. and RUTHERFORD, N.J., Feb. 23, 2026 /PRNewswire/ -- Fulton Financial Corporation (Nasdaq: FULT) ("Fulton") and Blue Foundry Bancorp (Nasdaq: BLFY) ("Blue Foundry") today jointly announced the receipt of all required regulatory approvals for the previously announced all-stock transaction pursuant to which Fulton will acquire Blue Foundry.","length":374,"tagName":"p"},{"type":"image","alt":"FFC Logo (PRNewsfoto/Fulton Financial Corporation)","displaySize":"","headline":null,"caption":"FFC Logo (PRNewsfoto/Fulton Financial Corporation)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":200,"url":"https://media.zenfs.com/en/prnewswire.com/9ab06f0a6d43e9b390c838df276315c0"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/.X63DJ30.abQ9u1EGCodiA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTM1MztjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/9ab06f0a6d43e9b390c838df276315c0","width":400,"height":200}},"href":"https://mma.prnewswire.com/media/2442077/Fulton_Financial_Corporation__Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"Regulatory approvals have been granted by the Board of Governors of the Federal Reserve System and the Office of the Comptroller of the Currency. Blue Foundry's stockholders approved the transaction on January 29, 2026.","length":233,"tagName":"p"},{"type":"text","content":""We are pleased to see such strong support from Blue Foundry stockholders and to have received the necessary regulatory approvals," said Curtis J. Myers, Fulton Chairman, CEO and President. "These milestones bring us one step closer to uniting our organizations and deepening our impact across New Jersey."","length":326,"tagName":"p"},{"type":"text","content":"The transaction was announced on November 24, 2025 and 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.","length":263,"tagName":"p"},{"type":"text","content":"About Fulton Financial Corporation","length":34,"tagName":"p"},{"type":"text","content":"Headquartered in Lancaster, Pa., Fulton Financial Corporation is a premier community banking organization and a $32 billion asset financial holding company provi...