ConnectOne, First of Long Island announce receipt of FDIC merger approval

ConnectOne Bancorp (CNOB), parent company of ConnectOne Bank, and The First of Long Island Corporation (FLIC), parent company of The First National Bank of Long Island, announced they have received the approval of the Federal Deposit Insurance Corporation to proceed with the previously announced merger of ConnectOne and First of Long Island. Closing of the transaction is expected to occur on or about June 1, 2025, pending approvals or waivers from the New Jersey Department of Banking and Insurance and the Federal Reserve Bank of New York.