MergerApr 27, 2026, 07:32 AM
FFIC, OCFC Merger Gets All Approvals; Expected to Close by June 1
AI Summary
Flushing Financial Corporation and OceanFirst Financial Corp. announced they have received all necessary regulatory approvals for their proposed merger, including from the Federal Reserve, New York State Department of Financial Services, and the Office of the Comptroller of the Currency. Shareholder approvals for both companies were also previously secured. With all conditions met, the companies anticipate closing the merger no later than June 1, 2026. OceanFirst also scheduled its 2026 Annual Meeting of Stockholders for May 27, 2026.
Key Highlights
- Federal Reserve approved FFIC/OCFC merger on April 24, 2026.
- NY State Dept. of Financial Services approved merger on March 23, 2026.
- Office of Comptroller of Currency approved merger on April 6, 2026.
- All regulatory and shareholder approvals for merger now received.
- Merger expected to close no later than June 1, 2026.
- OceanFirst's Annual Meeting scheduled for May 27, 2026.