Bankwell Bank and Quinnipiac have now secured all regulatory and shareholder approvals required for their merger to proceed.

The transaction is expected to close on October 1, 2014.

Bankwell Financial Group is a bank holding company located in New Canaan, Connecticut. Bankwell Financial Group operates a state chartered commercial bank subsidiary, Bankwell Bank.

Bankwell Bank operates branches in the Fairfield County towns or cities of New Canaan, Fairfield, Stamford, Wilton and a loan production office in Bridgeport. Bankwell Bank is FDIC insured and provides a full range of banking services to commercial and consumer customers, primarily located within its community and the surrounding area.