LANCASTER, PA & RUTHERFORD, NJ — Fulton Financial Corporation (Nasdaq: FULT) and Blue Foundry Bancorp (Nasdaq: BLFY) said they have received all required regulatory approvals for Fulton’s planned acquisition of Blue Foundry in an all-stock transaction expected to close around April 1, 2026.
The companies said approvals were granted by the Board of Governors of the Federal Reserve System and the Office of the Comptroller of the Currency. Blue Foundry shareholders approved the transaction on Wednesday, January 29.
“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’s chairman, chief executive officer and president.
“These milestones bring us one step closer to uniting our organizations and deepening our impact across New Jersey,” Myers said.
The companies first announced the transaction on Monday, November 24, 2025. The deal remains subject to remaining customary closing conditions outlined in the merger agreement.
Fulton Financial Corporation is a Lancaster-based financial holding company with approximately $32 billion in assets. Through its subsidiary, Fulton Bank, N.A., the company provides banking and financial services across Pennsylvania, Maryland, Delaware, New Jersey and Virginia.
Blue Foundry Bancorp is the holding company for Blue Foundry Bank, headquartered in Rutherford, New Jersey. The bank operates across several counties in northern and central New Jersey and offers retail and commercial banking services.
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