Suffolk County National Bank

New signs went up today at the People's United branch on West Second Street in Riverhead in preparation for People's transitioning to M&T Bank come this weekend.

The Riverhead hospital, which is part of the Northwell Health system is purchasing the 4.2-acre former Suffolk County National Bank site on West Second Street from People's United Bank. It will be using the 60,000 square feet of office space for medical and other offices.

The former Suffolk County National Bank administrative headquarters on West Second Street would become the next Riverhead Town Hall if Riverhead Supervisor Sean Walter has his way.

The Bridgeport-based People's United Bank which acquired Suffolk County National Bank in a deal that took effect April 1, will close two East End branches: one on Ostrander Avenue in Riverhead and another in East Hampton. The rest of the closings are in western Suffolk and Nassau, People's NY market president (and former SCNB president) Howard Bluver said.

Suffolk County National Bank had its last day of operations on Friday. People’s United Bank took over the Riverhead bank on Saturday, April 1 pursuant...

The merger is expected to be consummated quickly, but must wait until at least March 31, according to the order issued yesterday by the Federal Reserve Bank Board of Governors.

Suffolk Bancorp, the parent company of Suffolk County National Bank released its fourth quarter and 2016 year end results.

The merger's approval by the Office of the Comptroller of the Currency was announced by the Bridgeport-based People's United yesterday.

The acquisition of the Riverhead-based Suffolk Bancorp by People's United Financial of Bridgeport was originally expected to close by the end of 2016, but federal regulators have not yet signed off on the deal.

SCNB employees gathered to salute Michael Tomaszewski of Jamesport, a mailroom employee who has worked at the bank for 44 years.