Roslyn Bancorp on New York's Long Island has reached an agreement to buy $19 million of deposits from Dime Savings Bank of Williamsburg in Brooklyn.

Roslyn, the $7.6 billion-asset parent of Roslyn Savings Bank, said it would pay a 7% premium for the deposits. It operates 26 branches on Long Island and in New York City.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.