Fulton Financial to merge with Blue Foundry in a $243m deal.

Fulton Financial, a community banking organization and a financial holding company, agreed to merge with Blue Foundry, a chartered full‑service community bank, in a $243m deal. "We're bringing together two community-focused banks with shared values and a strong commitment to making banking personal for each and every customer. The combination of our companies creates an opportunity to leverage Fulton's robust banking services and provide greater convenience and innovative solutions to an expanded customer base, with a continued focus on supporting our local communities. The expansion in northern New Jersey aligns with our strategy of growing in our local markets and positions us well to drive organic growth across our commercial, consumer, wealth advisory and mortgage businesses," Curtis J. Myers, Fulton Chairman and CEO.