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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details)
$ / shares in Units, $ in Thousands
3 Months Ended
Jul. 15, 2021
USD ($)
$ / shares
shares
Mar. 31, 2023
USD ($)
segment
shares
Dec. 31, 2022
USD ($)
Mar. 31, 2022
USD ($)
Dec. 31, 2021
USD ($)
Lessee, Lease, Description [Line Items]          
Stock price per share (in usd per share) | $ / shares $ 10        
Gross offering proceeds $ 277,700        
Charitable contribution in cash $ 1,500        
Shares in ESOP (in shares) | shares 2,281,800 2,281,800      
Loans receivable, allowance   $ 14,153 $ 13,400 $ 13,465 $ 14,425
Reversal in reserve for commitments and letters of credit   $ 748 1,700    
Number of operating segments | segment   1      
Shareholders' equity   $ (385,693) (393,718) (420,214) (429,471)
Retained Earnings          
Lessee, Lease, Description [Line Items]          
Shareholders' equity   (170,528) (171,763) $ (170,010) (169,457)
Cumulative Effect, Period of Adoption, Adjustment          
Lessee, Lease, Description [Line Items]          
Allowance for credit losses     18    
Loans receivable, allowance   $ 660 668   $ 0
Held-to-maturities securities     170    
Reversal in reserve for commitments and letters of credit     (811)    
Cumulative Effect, Period of Adoption, Adjustment | Accounting Standards Update 2022-02          
Lessee, Lease, Description [Line Items]          
Shareholders' equity     8    
Cumulative Effect, Period of Adoption, Adjustment | Retained Earnings | Accounting Standards Update 2022-02          
Lessee, Lease, Description [Line Items]          
Shareholders' equity     $ 8    
Public stock offering          
Lessee, Lease, Description [Line Items]          
Shares of common stock sold (in shares) | shares 27,772,500        
Donation of shares to Blue Foundry Charitable Foundation          
Lessee, Lease, Description [Line Items]          
Shares of common stock sold (in shares) | shares 750,000        
Blue Foundry Bancorp - NJ          
Lessee, Lease, Description [Line Items]          
Ownership interest percentage   100.00%