Blue Foundry Bank Hires Jason M. Goldberg as Executive Vice President and Chief Lending Officer

Seasoned lending executive brings over 20 years of relationship, portfolio, sales and product management experience to the Bank

RUTHERFORD, NJ – December 7, 2021 – Blue Foundry Bancorp (Nasdaq: BLFY) (the “Company”), announced today that Jason M. Goldberg has been named as the Executive Vice President and Chief Lending Officer of Blue Foundry Bank (the “Bank”), a financial institution that offers a full service, crafted banking experience.

Mr. Goldberg joins the Bank from the Israel Discount Bank of New York, where he served as Senior Vice President and Head of Sales for the Commercial Bank, leading origination and strategy within the bank’s six business lines including Commercial Real Estate, Mid-Corporation, Middle Market, Not-For-Profit, Healthcare, Factoring and Asset Based Lending.

In his new role, Mr. Goldberg will work with the Bank’s executive leadership team and Board of Directors to continue to diversify and grow the lending portfolio. He will oversee both the strategy and policy as well as the business development efforts of all lending lines of business, including commercial, business and residential lending.

“We’re thrilled to welcome Jason to the Blue Foundry Bank family,” said James D. Nesci, President & CEO at the Bank. “His deep experience in the lending space and expert knowledge of the local market will prove invaluable as we continue to push the boundaries on a bold, revolutionary approach to banking.”

“I’m extremely grateful for the opportunity to help shape the future of such a rapidly growing, community-oriented bank,” said Mr. Goldberg. “I’m confident in Blue Foundry Bank’s vision and look forward to serving as an agent of change and continuously moving the lending department toward the Bank’s overall financial, technological and cultural goals.”

Mr. Goldberg has a bachelor’s degree in political science from Binghamton University and currently resides in Englewood, NJ with his wife and three children. He is active in his community, serving as an executive board member at his children’s school and a member of Community Security Services for his local synagogue.

About Blue Foundry Bancorp and Blue Foundry Bank
Blue Foundry Bancorp is the holding company for Blue Foundry Bank, a place where things are made, purpose is formed, and ideas are crafted. Headquartered in Rutherford NJ, with presence in Bergen, Essex, Hudson, Morris, Passaic and Somerset counties, Blue Foundry Bank is a full-service, progressive bank serving the doers, movers, and shakers in our communities. We offer individuals and businesses alike the tailored products and services they need to build their futures. With a rich history dating back more than 145 years, Blue Foundry Bank has a longstanding commitment to its customers and communities. To learn more about Blue Foundry Bank visit BlueFoundryBank.com or call (888) 931-BLUE. Member FDIC.