The bottom line is that it will always be a weak spot in the tree. It will heal together in time, as the bark grows together, but there will still be a weakness in the wood underneath.
You might put a screw eye deep into each of the two branches, 2 or 3 or 4 feet above the split, and then put a turn buckle between the two screw eyes and slowly tighten them together, and just leave it there. This would provide a permanent source of additional strength.