Inside Long Island Business
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Apple Bank buying Emigrant branches
Apple Bank for Savings, based in Manhasset, said Thursday it had received federal and state approval to acquire 29 branches of Emigrant Savings Bank, including seven on Long Island.
Privately held Apple didn’t disclose the acquisition costs but said the deal includes $3.2 billion in deposits and represents most of Emigrant’s retail branch network.
The 29 branches include one in Huntington...
