Blue Foundry Bancorp (BLFY)

Bank holding company providing banking products and services through its subsidiary, Blue Foundry Bank.

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Blue Foundry Bancorp serves as the bank holding company for Blue Foundry Bank, a well-established savings bank offering a comprehensive range of financial products and services tailored for both individuals and businesses. Founded in 1939 and headquartered in Rutherford, New Jersey, Blue Foundry Bancorp has evolved to become a key player in the banking sector, known for its commitment to customer service and community involvement. The bank's product offerings include various deposit accounts and a diverse portfolio of loans, catering to the needs of its customer base in northern New Jersey.

Blue Foundry Bancorp's lending activities encompass a wide spectrum of loan products, including residential mortgages such as one-to-four family properties and home equity loans, as well as commercial real estate loans, multi-family loans, construction loans, commercial and industrial loans, and other consumer loans. This diversified approach allows the bank to support both personal financial needs and business expansion initiatives within its market area. With 17 full-service branch offices strategically located across northern New Jersey, Blue Foundry Bank maintains a strong local presence and continues to grow its customer base through personalized banking solutions and competitive offerings.

Formerly known as Boiling Springs Bancorp, the company rebranded to Blue Foundry Bancorp in July 2019, reflecting its renewed strategic focus and commitment to modernizing its brand identity while upholding its longstanding values and heritage. As it moves forward, Blue Foundry Bancorp remains dedicated to fostering financial stability and prosperity in the communities it serves, driven by a mission to deliver exceptional banking experiences and sustainable growth for its stakeholders.

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