On April 1, 2026, Blue Foundry Bancorp, Rutherford, New Jersey, the holding company for Blue Foundry Bank, completed its merger with and into Fulton Financial Corporation, Lancaster, Pennsylvania, the holding company for Fulton Bank, N.A.
Read More...On March 26, 2026, 1864 Bancorp, Inc., North Easton, Massachusetts, the holding company for North Easton Savings Bank, completed a private placement of $40.0 million of 6.50% Fixed-to-Floating Rate Subordinated Notes due 2036.
Read More...On March 25, 2026, Ballston Spa Bancorp, Inc. (the “Company”), Ballston Spa, New York, the holding company for Ballston Spa National Bank, completed a private placement of $26.0 million of 7.375% Fixed-to-Floating Rate Subordinated Notes due 2036.
Read More...On March 26, 2026, URSB Bancorp, Inc., Carteret, New Jersey, the holding company of United Roosevelt Savings Bank, completed its stock offering in connection with the conversion of United Roosevelt, MHC from a mutual holding company to a stock holding company. A total of 2,314,375 shares of common stock were sold at a price of $10.00 per share. URSB Bancorp’s common stock is quoted on the OTCQB Market under the symbol “URSB”.
Read More...On March 26, 2026, Peapack-Gladstone Financial Corporation, the holding company for Peapack Private Bank & Trust, issued 30,000 shares of newly-created 6.00% Non-Cumulative Perpetual Convertible Preferred Stock in a private placement transaction, resulting in gross proceeds of $30.0 million. Additionally, the Company has the right, in its sole discretion, to sell an additional 20,000 shares of the Preferred Stock by December 31, 2027.
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