Log In   ·   Become A Member
http://www.hamptons.com/gallery/ads/1614.gif

BNB Acquires First National Bank Of New York

Douglas MacKaye Harrington

(Photo: Courtesy of Bridgehampton National Bank)

In an effort to expand its footprint and enhance its presence in the Nassau County market, Bridge Bancorp, the parent company of Bridgehampton National Bank (BNB), has recently acquired the First National Bank of New York (FNBNY).

Eponymously associated with the Hamptons by the very nature of its name, BNB has served the East End community for over a century. During the past several years BNB has established branches Up-Island with a location as far west as Deer Park.

FNBNY is a full service bank with branches in Merrick and Massapequa in Nassau County, along with a Suffolk County location in Melville with total assets of $276 million, including $100 million in loans, funded by deposits of $209 million. The acquisition of FNBNY will result in BNB assets of approximately $2.0 billion with $1.7 billion in deposits and 26 branches serving Long Island. There are no plans at this time for a consolidation of any branches.

"We are excited to announce the acquisition of FNBNY expanding our geographic footprint into Nassau County," said Kevin O'Connor, President and CEO of Bridge Bancorp. "This transaction complements our existing network and enhances our asset generation capabilities. Our expanded branch network will allow us to serve a greater portion of the Long Island and metropolitan marketplace."


For more information, click here.




Frequently mistaken for the "Most Interesting Man in the World" from the Dos Equis commercials and the iconic gray-bearded Sean Connery, DMH is the Senior Contributing Editor at Hamptons.com. www.hamptons.com Hamptons HamptonsOnline HamptonsOnline


Be the first to comment on this article. (Just fill out the form below)
 

Submit Your Comment

Please note, you are not currently logged in. Your comment will be submitted as a guest.
To submit your comment as a member, please click here.
Your Name:
Location:*
Comments:*
* Comments will be reviewed and posted in a timely fashion
* All fields are required
Question:*
What color is a firetruck?
(For spam prevention, thanks)
 
 
 
http://www.hamptons.com/gallery/ads/1321.gif
http://www.hamptons.com/gallery/ads/586.gif
http://www.hamptons.com/gallery/ads/2090.gif
http://www.hamptons.com/gallery/ads/1783.gif
http://www.hamptons.com/gallery/ads/2083.gif
Gary R. DePersia, Corcoran Real Estate
With over $2 billion in transactions on the East End and since 1995, Gary DePersia is consistently ranked among the top producers in the Hamptons. A year-on-year member of The Corcoran Group President’s Council, he has qualified as a national list maker since 2007. In 2008 he was Corcoran's top broker on the East End by sales volume and rental units; and ranked as the nation’s 4th top broker. In the 2017 REAL Trends & The Wall Street Journal list of America’s top real estate professionals, he was designated #26 nationally, #4 in the Hamptons and #3 at Corcoran overall by volume with nearly $200 million of transactions for the past year. His office operates with four licensed assistants allowing him to build a business stretching from Southampton to Montauk and Sagaponack to Shelter Island. gdp@corcoran.com

East End Tick Control
The East End's only New York State licensed dedicated tick and mosquito control specialists!

Bridgehampton National Bank
For over 100 years Bridgehampton National Bank has been the East End's hometown bank. Many success stories...one bank, BNB!

Hamptons Carpet One Floor & Home
We pay less,and so do you.With over 1,000 stores in our buying group, we can get the lowest prices from the best flooring manufacturers — and pass the savings on to you.Visit our other locations: Hamptons Carpet One Floor & Home, 675 North Sea Road,Southampton, NY 11968

Southampton Masonry-Visiting the Southampton or the Wainscott locations is an exciting experience.
Southampton Masonry has been serving Long Island's masonry and tile needs since 1975. Delivering quality products from Manhattan to Montauk for over three decades. The company's continued success is due primarily to their number one priority: customer satisfaction, with a promise of prompt and courteous service from the professional, knowledgeable staff. Southampton Masonry has the largest inventory on the east end. As direct importers they can offer a large variety of the finest quality products at the most competitive pricing for both your interior and exterior projects.

CP Complete- Landscape Design & Construction
Paul Guillo And Chris Hall Two Of The Most Respected Names In The Community Together, they are partners in CP Complete. They bring their years of experience and integrity to creating and renovating luxury backyards.

CP Complete- Landscape Design & Construction
Paul Guillo And Chris Hall Two Of The Most Respected Names In The Community Together, they are partners in CP Complete. They bring their years of experience and integrity to creating and renovating luxury backyards.

D+J Concepts is known for a high-end cutting edge approach to design.
D+J Concepts is known for a high-end cutting edge approach to design with a balance between functionality and imagination. We skillfully and tastefully transform ordinary spaces into classic modern styles, which are understated, and luxe. We’re known for our modern transitional style incorporating antiques and modern elements for an unexpected edge.