Blue Foundry Bancorp (NASDAQ:BLFY) is a financial holding company headquartered in Fair Lawn, New Jersey, serving small to mid-sized businesses, nonprofit organizations and municipalities in the greater New Jersey and New York metropolitan area. Its primary subsidiary, Blue Foundry Bank, offers a suite of deposit, lending and treasury management services tailored to commercial and retail clients. The bank’s regional footprint is complemented by a robust digital platform that enables clients to manage accounts, initiate payments and access specialized cash-management tools from anywhere.
The company provides a comprehensive range of lending solutions, including commercial real estate financing, construction and development loans, equipment financing, and working capital lines of credit. Residential customers can choose from mortgage products designed for purchase, refinancing and home equity needs. On the deposit side, Blue Foundry Bancorp offers checking and savings accounts, money market accounts and certificates of deposit, coupled with online and mobile banking to facilitate real-time account monitoring, bill pay and remote deposit capture.
Blue Foundry Bancorp traces its roots to the founding of ConnectOne Bank in 2006, with an initial focus on delivering personalized service to community clients. Following its initial public offering in 2019, the company rebranded in early 2021 to better reflect its commitment to innovation, design-led banking and partnership with the regional business community. Over the years, Blue Foundry has expanded both organically and through targeted acquisitions, broadening its product suite and geographic reach across the New York–New Jersey corridor.
Leadership at Blue Foundry Bancorp emphasizes a client-centric culture supported by strong governance and a focus on risk management. Eileen Figueiredo serves as president and chief executive officer, guiding the firm’s strategic initiatives in digital transformation, community engagement and sustainable growth. Under her stewardship, the company continues to invest in technology and talent to enhance the client experience and support the evolving needs of the businesses and individuals it serves.