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Shareholders approve ConnectOne Bancorp/Bancorp of New Jersey deal

Bancorp of New Jersey Inc.'s pending merger with Englewood Cliffs, N.J.-based ConnectOne Bancorp Inc. was approved by their respective shareholders at separate special meetings held Dec. 9.

Also on Dec. 9, upon the recommendation of Bancorp of New Jersey, ConnectOne Bancorp's board elected Mark Sokolich to serve as a director of the combined company, contingent upon and effective as of the effective time of the merger. He was also elected to ConnectOne Bank's board.

The merger is expected to take effect on or about Jan. 2, 2020.