MELVILLE, N.Y., May 01, 2018 (GLOBE NEWSWIRE) -- ConnectOne Bancorp, Inc. (Nasdaq:CNOB) (the "Company" or "ConnectOne"), parent company of ConnectOne Bank (the "Bank"), has expanded into Long Island with the opening of a commercial bank office located on the Nassau/Suffolk border at 48 South Service Road, Melville, NY. The new office marks the Bank’s continued expansion within the New York market, with an additional location set to open in Astoria, Queens later this year.
“ConnectOne has long worked with businesses in the New York and New Jersey markets to help them reach their goals and grow,” said Frank Sorrentino III, Chairman and Chief Executive Officer of ConnectOne Bank. “Our expansion into Long Island is a natural extension of our ‘people-first’ growth strategy and allows us to continue to accommodate our existing clients who conduct business in the area while extending our reach further east. The Melville office will serve as a business banking hub for the Long Island market, which mirrors the needs of the New Jersey markets we currently serve.”
“Businesses throughout the New York metro area need a modern bank that understands the unique needs of their industry and can operate at the same pace they do,” said Elizabeth Magennis, EVP & Chief Lending Officer of ConnectOne. “This expansion will allow us to dedicate our experience serving real estate, law firms, professional services, independent schools and other sectors while delivering personal, one-on-one service that defines ConnectOne.”
About ConnectOne Bancorp, Inc.
ConnectOne is a New Jersey corporation and a registered bank holding company pursuant to the Bank Holding Company Act of 1956, as amended, and serves as the holding company for ConnectOne Bank ("the Bank"). The Bank is a community-based, full-service New Jersey-chartered commercial bank that was founded in 2005. The Bank operates from its headquarters located at 301 Sylvan Avenue in the Borough of Englewood Cliffs, Bergen County, New Jersey, and through its 21 other banking offices across New Jersey and New York.
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