Blue Foundry Bancorp (BLFY) Q3 2024 Earnings Call Highlights: Navigating Challenges with ...

By Yahoo! Finance | Oct 24, 2024 at 03:18 AM EST

Blue Foundry plans to manage deposit rates by monitoring the competitive rate environment and adjusting rates accordingly. The bank aims to shift customers to core products for rate flexibility. They participated in consumer loans with strong credit enhancements and have a strong loan pipeline with origination yields at 8.7%.

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