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Sign InOceanFirst Financial Corp. and Flushing Financial Corporation (Ticker: FFIC) have officially received approval from the Federal Reserve Board to finalize their proposed merger. This milestone follows the receipt of all other necessary regulatory clearances, including those from the NYSDFS and the OCC. Shareholders of both institutions previously approved the transaction on April 2, 2026, clearing all major governance hurdles. The companies have now confirmed that the merger is expected to close no later than June 1, 2026. This integration is anticipated to drive operational synergies and strengthen the combined entity's market position. The announcement of a firm closing date removes the remaining uncertainty surrounding the execution of this significant banking sector deal.