ENGLEWOOD CLIFFS, N.J., June 02, 2025 - ConnectOne Bancorp, Inc. (Nasdaq: CNOB), parent company of ConnectOne Bank, announced the completion of its merger with The First of Long Island Corporation (Nasdaq: FLIC), parent company of The First National Bank of Long Island. The merged entity will operate under the ConnectOne brand, boasting approximately $14 billion in total assets, $11 billion in total deposits, and $11 billion in total loans. First of Long Island shareholders received 0.5175 shares of ConnectOne common stock for each FLIC common stock share. Christopher Becker, former CEO of The First National Bank of Long Island, joins ConnectOne's Board as Vice Chairman, accompanied by Peter Quick and Ed Haye. The merger expands ConnectOne's retail network to over 60 branches across New York, New Jersey, and Southeast Florida.
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