ConnectOne Bancorp, Inc. is a modern financial services holding company based in New Jersey that operates primarily through its bank subsidiary, ConnectOne Bank, which provides a comprehensive range of deposit and loan products tailored for small to medium-sized businesses and individuals primarily in the New York Metropolitan area and South Florida. The bank is known for its efficient 'branch-lite' model, which emphasizes technology-driven customer service and personalized banking solutions, enabling them to operate with lower overhead costs than traditional banks.
In addition to traditional banking services, ConnectOne Bancorp has diversified its offerings through strategic acquisitions, including the fintech marketplace BoeFly, which connects franchise borrowers with funding solutions. The company’s business strategy focuses on continuous growth through technology investment, market expansion, and maintaining high asset quality through secured lending practices. ConnectOne Bancorp positions itself to compete against larger institutions by emphasizing personalized service and accessibility to decision-makers who can tailor solutions to meet client needs.