The parent companies for BNB Bank and Dime Community Bank announced a merger agreement last week, a transaction valued at approximately $489 million. Bridgehampton-headquartered BNB Bank and Dime Community Bank, based in Brooklyn, are merging in a transaction valued at $489 million, the companies announced Wednesday. The merged institution plans to close 25 branches overall, including 11 current offices for the Delaware bank. About BNB Bancorp, Inc.: BNB Bancorp, Inc. is a bank holding company headquartered in Brookville, Ohio and is the parent company of Brookville National Bank which was established in 1934. BNB Bank will soon have a new name. BNB Bank’s headquarters in Bridgehampton may eventually get a new name under the merger with Dime Community Bank. BNB Bank will soon have a new name. Bridge Bancorp, Inc. is a bank holding company engaged in commercial banking and financial services through its wholly-owned subsidiary, BNB Bank. Bridge Bancorp, the parent company of BNB Bank, has agreed to merge with Dime Community Bancshares Inc., in an all-stock deal worth about $489 million. ... “This merger … The new company will operate under the “Dime Community Bancshares, Inc.” name and the combined bank will operate under the “Dime Community Bank” name. Bridgehampton-headquartered BNB Bank and Dime Community Bank, based in Brooklyn, are merging in a transaction valued at $489 million, the companies announced Wednesday. The parties have filed an application with New York State Department of Financial Services to merge Dime Community Bank with and into BNB Bank, which is pending. The parent companies for BNB Bank and Dime Community Bank announced a merger agreement last week, a transaction valued at approximately $489 million. The … The … Certain retail locations in eastern Long Island will operate under the BNB Bank name for at least one year. When Dime Community Bank and BNB Bank announced their merger last week, at the heart of the deal it’s relationships that executives have in mind, not just the bottom line. The combined bank will operate under the name Dime Community Bank, with branch coverage throughout Long Island, including the branch on North Ferry road. BB&T Corp. and SunTrust Banks will be rechristened Truist Bank once the merger of the two companies is completed, they said Wednesday.. The merger is expected to be completed in the first quarter of 2021. Established in 1910, BNB…

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