ConnectOne Bancorp and First of Long Island Merge

ConnectOne completes deal for Long Island bank

ConnectOne Bank completed its purchase of The First National Bank of Long Island of Melville, N.Y., Monday, increasing the Englewood Cliffs-based bank’s presence on Long Island. The transaction of the 40-branch bank was valued at $284 million when the deal was announced last year. With the completion of the transaction, the combined company is operating under the ConnectOne brand, with about $14 billion in total assets, $11 billion in total depo…

ConnectOne completes $284M Long Island bank merger

A merger between the parent companies of ConnectOne Bank and First National Bank of Long Island is complete, Englewood Cliffs-headquartered ConnectOne announced June 2. In May the Federal Deposit Insurance Corp. approved the deal, which is valued at nearly $284 million. The combined company will now operate under the ConnectOne brand – expanding its footprint and boasting a retail network of more than 60 locations spanning New Jersey, New York a…

ConnectOne Bancorp and First of Long Island Merge

ConnectOne Bancorp, Inc. (Nasdaq: CNOB), parent company of ConnectOne Bank, today announced the completion of its previously announced merger with The First of Long Island Corporation (Nasdaq: FLIC), parent company of The First National Bank of Long Island. With the completion of the transaction, the combined company is operating under the ConnectOne brand, with approximately $14 billion in total assets, $11 billion in total deposits and $11 bil…