OceanFirst to merge with Flushing in a $579m deal.

OceanFirst, a bank holding company, agreed to merge with Flushing, a holding company, in a $579m deal. “This acquisition represents a natural extension of our proven growth strategy. We are bringing together two highly complementary organizations, leveraging Flushing’s 95+ year distribution channel in Long Island and New York alongside OceanFirst’s relationship-driven business model and robust products and services. We share a disciplined credit philosophy and long-term commitment to the communities we serve and are highly confident that this combination will enable us to better support our customers and deliver meaningful value for shareholders,” Christopher Maher, OceanFirst Chairman and Chief Executive Officer.