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ConnectOne Bancorp gets FDIC approval for Greater Hudson Bank deal

Englewood Cliffs, N.J.-based ConnectOne Bancorp Inc. obtained approval of the Federal Deposit Insurance Corp. for the proposed acquisition of Bardonia, N.Y.-based Greater Hudson Bank, which is set to be merged into ConnectOne Bank as part of the transaction.

The deal is yet to be signed off by Greater Hudson Bank shareholders and the New Jersey Department of Banking and Insurance.