- CEO
- Curtis J. Myers
- Full Time Employees
- 3,400
- Sector
- Financial Services
- Industry
- Banks - Regional
- Address
- One Penn Square Lancaster PA United States of America 17604
- IPO Date
- Oct 23, 2020
- Business
- Fulton Financial Corporation is a diversified financial services holding company primarily engaged in consumer and commercial banking through its subsidiary banks. The company offers a comprehensive range of products and services including personal banking products such as checking and savings accounts, certificates of deposit, individual retirement accounts, and various consumer lending products including home equity loans, automobile loans, personal lines of credit, credit cards, and overdraft protection. On the commercial side, Fulton provides commercial, financial, agricultural, and real estate loans, equipment leasing, letters of credit, cash management services, as well as investment management, trust, brokerage, insurance, and investment advisory services. It operates principally in the Mid-Atlantic region of the United States, including Pennsylvania, New Jersey, Delaware, Maryland, and Virginia. Founded in 1882, the company is headquartered in Lancaster, Pennsylvania.
In the latest major development, Fulton Financial Corporation announced an all-stock merger agreement to acquire Blue Foundry Bancorp, a New Jersey-based bank, in a transaction valued at approximately $243 million. This acquisition, expected to close in the second quarter of 2026 pending regulatory approval, expands Fulton’s footprint further into the New Jersey market, complementing its existing presence in the region. The merger enables Fulton to provide enhanced banking services and innovative solutions to a broader customer base while maintaining local relationships and personalized service valued by Blue Foundry’s clients. As part of this strategic move, Blue Foundry Bank will be integrated into Fulton Bank, the wholly owned banking subsidiary of Fulton Financial Corporation.
This acquisition follows Fulton’s earlier regional expansion efforts and reflects its strategy to grow through selective acquisitions and deepen its market penetration in key geographic areas. The company serves a wide array of customers spanning individuals, small and mid-sized businesses, and institutional clients. Its services cover retail and commercial banking as well as wealth management solutions. The corporation continues to strengthen its portfolio and community impact through partnerships, enhanced service offerings, and regional acquisitions that align with its long-term growth objectives.
Overall, Fulton Financial Corporation is positioned as a full-service regional bank with a strong regional presence and diversified financial services capabilities, headquartered in Lancaster, Pennsylvania, with ongoing expansion into adjacent and attractive markets in the Mid-Atlantic region. Its recent acquisition of Blue Foundry Bancorp marks a significant strategic expansion in New Jersey, enhancing its competitive position and product reach.