Community Bank, N.A.

The Bancorp Welcomes Mark Tryniski to Its Board of Directors

Retrieved on: 
火曜日, 6月 11, 2024
Banking, Professional Services, Finance, Bank holding company, PwC, Organization, Accounting, Community Bank, N.A., Risk management, Knowledge, Management

(collectively, the “Company”) recently announced that Mark Tryniski has joined the Company’s Board of Directors.

Key Points: 
  • (collectively, the “Company”) recently announced that Mark Tryniski has joined the Company’s Board of Directors.
  • The addition of Tryniski reflects recent changes in the composition of the Company’s board, following the departure of John Eggemeyer.
  • “I am honored to join The Bancorp’s Board of Directors,” said Tryniski.
  • “Mark brings extensive financial experience and insight to our board,” said Damian Kozlowski, Chief Executive Officer and President at The Bancorp.

NBT Bancorp Inc. Completes Leadership Transition

Retrieved on: 
火曜日, 5月 21, 2024
Food bank, Marketing, Audit, Senior, MID, LLP, Accounting, Syracuse, United Health Services, St. Bonaventure University, Committee on Finance, Central New York, Retail banking, Carlisle Companies, United Way, Community Bank, N.A., MetLife, Clarkson University, NBT, Hylomorphism, SUNY Polytechnic Institute, Interim, PwC, Trustee, Burns, Catholic Church in Switzerland, NBT Bank, Acquisition, Stagliano, Certified Public Accountant, Management

NBT Board Chairman Martin A. Dietrich said, “Smooth leadership transitions are a characteristic of high-performing companies.

Key Points: 
  • NBT Board Chairman Martin A. Dietrich said, “Smooth leadership transitions are a characteristic of high-performing companies.
  • He joined NBT in 1999 and was promoted to Chief Information Officer and joined the Company's Executive Management Team in 2006.
  • NBT Bancorp Inc. is a financial holding company headquartered in Norwich, NY, with total assets of $13.44 billion at March 31, 2024.
  • More information about NBT and its divisions is available online at: www.nbtbancorp.com , www.nbtbank.com , www.epicrps.com and www.nbtinsurance.com .

Community Bank System, Inc. Changes Corporate Name to Community Financial System, Inc.

Retrieved on: 
水曜日, 5月 15, 2024
Banking, Professional Services, Finance, Insurance, Community, Community Bank, N.A., Wealth management, BPAS, NAPA, Community Bank, Web Cartoonists' Choice Awards, CBU, National Association

Community Bank System, Inc. (NYSE: CBU) (the “Company”), a diversified financial services holding company operating four complementary business units: Community Bank N.A., Benefit Plan Administrative Services, Inc. (“BPAS”), OneGroup NY, Inc. (“OneGroup”), and Wealth Management, announced that it has changed its corporate name to “Community Financial System, Inc.” (“Community Financial System”) effective as of today.

Key Points: 
  • Community Bank System, Inc. (NYSE: CBU) (the “Company”), a diversified financial services holding company operating four complementary business units: Community Bank N.A., Benefit Plan Administrative Services, Inc. (“BPAS”), OneGroup NY, Inc. (“OneGroup”), and Wealth Management, announced that it has changed its corporate name to “Community Financial System, Inc.” (“Community Financial System”) effective as of today.
  • The Company’s ticker symbol will not change and its common stock will start trading on the New York Stock Exchange as Community Financial System, Inc. on May 24, 2024.
  • “The new name – Community Financial System – allows us to emphasize the evolution of our capabilities, solutions and focus,” said Dimitar A. Karaivanov, President and CEO of the Company.
  • Bringing all of that under the new name, Community Financial System, underscores our mission and drives our inclusiveness as one company.”

Community Bank System, Inc. Reports First Quarter 2024 Results

Retrieved on: 
火曜日, 4月 23, 2024
Banking, Professional Services, Finance, Community Bank, N.A., Multimedia, Internet, CBU, Acquisition, Loss, Security (finance)

Community Bank System, Inc. (the “Company”) (NYSE: CBU) reported first quarter 2024 results that are included in the attached supplement.

Key Points: 
  • Community Bank System, Inc. (the “Company”) (NYSE: CBU) reported first quarter 2024 results that are included in the attached supplement.
  • This earnings release, including supporting financial tables, is also available within the press releases section of the Company's investor relations website at: https://ir.communitybanksystem.com/news-presentations/press-releases/ .
  • An archived webcast of the earnings call will be available on this site for one full year.
  • The conference call can be accessed at 1-833-630-0464 (1-412-317-1809 if outside the United States and Canada).

Community Bank System, Inc. Announces Its Quarterly Dividend

Retrieved on: 
水曜日, 2月 14, 2024
Finance, Banking, Professional Services, Asset Management, Insurance, Community Bank, N.A., Acquisition, Community Bank, CBU, Legislation, Security (finance), Upstate New York

Community Bank System, Inc. (NYSE: CBU) (the “Company”) announced that it has declared a quarterly cash dividend of $0.45 per share on its common stock.

Key Points: 
  • Community Bank System, Inc. (NYSE: CBU) (the “Company”) announced that it has declared a quarterly cash dividend of $0.45 per share on its common stock.
  • The $0.45 cash dividend represents an annualized yield of 4.16% based on the closing share price of $43.25 on February 13, 2024.
  • Community Bank System, Inc. is a diversified financial services company with total assets of $15.6 billion focused on four main business lines – banking, benefits administration, insurance services and wealth management.
  • Community Bank System, Inc. is listed on the New York Stock Exchange and the Company’s stock trades under the symbol CBU.

NBT Bancorp Inc. Announces CEO Succession Plan

Retrieved on: 
月曜日, 1月 22, 2024
Clarkson University, NBT Bank, Burns, State university system, PwC, LLP, Accounting, NBT, Certified Public Accountant, St. Bonaventure University, Retail banking, Acquisition, Carlisle Companies, MetLife, Community Bank, N.A., Stagliano, Management

Watt was appointed President and Chief Executive Officer of NBT and NBT Bank, N.A.

Key Points: 
  • Watt was appointed President and Chief Executive Officer of NBT and NBT Bank, N.A.
  • “I am deeply grateful for the opportunity to lead NBT and to work with the team I truly believe is the best in community banking,” said Watt.
  • NBT Bancorp Inc. is a financial holding company headquartered in Norwich, NY, with total assets of $13.83 billion at September 30, 2023.
  • More information about NBT and its divisions is available online at: www.nbtbancorp.com , www.nbtbank.com , www.epicrps.com and www.nbtinsurance.com .

Community Bank System, Inc. Reports Fourth Quarter And Full Year 2023 Results

Retrieved on: 
火曜日, 1月 23, 2024
Finance, Banking, Professional Services, Asset Management, Insurance, Multimedia, Internet, Community Bank, N.A., CBU, Video game

Community Bank System, Inc. (the “Company”) (NYSE: CBU) reported fourth quarter and full year 2023 results that are included in the attached supplement.

Key Points: 
  • Community Bank System, Inc. (the “Company”) (NYSE: CBU) reported fourth quarter and full year 2023 results that are included in the attached supplement.
  • This earnings release, including supporting financial tables, is also available within the press releases section of the Company's investor relations website at: https://ir.communitybanksystem.com/news-presentations/press-releases/ .
  • An archived webcast of the earnings call will be available on this site for one full year.
  • The conference call can be accessed at 1-833-630-0464 (1-412-317-1809 if outside the United States and Canada).

Community Bank System, Inc. Elects Michele Sullivan as New Independent Director

Retrieved on: 
金曜日, 1月 19, 2024
Banking, Professional Services, Finance, CBU, Corporate governance, Woman, Risk, CPA, Risk management, CRMA, Community Bank, Retirement, Management, Community Bank, N.A., Audit

Community Bank System, Inc. (NYSE: CBU) (the “Company”) announced today the election of Michele Sullivan to its Board of Directors (the “Board”) as a new independent director, effective as of February 1, 2024.

Key Points: 
  • Community Bank System, Inc. (NYSE: CBU) (the “Company”) announced today the election of Michele Sullivan to its Board of Directors (the “Board”) as a new independent director, effective as of February 1, 2024.
  • Ms. Sullivan is a certified public accountant (CPA) and a certified risk management professional (CRMA).
  • Ms. Sullivan was also appointed to the Board of Directors of Community Bank, N.A., the Company’s wholly-owned banking subsidiary.
  • “We are pleased to welcome Michele Sullivan as a new independent director to the Board of Directors of Community Bank System, Inc. and Community Bank, N.A.,” said Eric E. Stickels, Chair of the Board of Directors.

Community Bank System, Inc. Announces Its Quarterly Dividend

Retrieved on: 
水曜日, 11月 15, 2023
Professional Services, Other Professional Services, Finance, Asset Management, Banking, Personal Finance, Community Bank, Acquisition, NYSE, Security (finance), Indian Administrative Service, Community Bank, N.A., CBU, Legislation, Upstate New York

Community Bank System, Inc. (NYSE: CBU) (the “Company”) announced that it has declared a quarterly cash dividend of $0.45 per share on its common stock.

Key Points: 
  • Community Bank System, Inc. (NYSE: CBU) (the “Company”) announced that it has declared a quarterly cash dividend of $0.45 per share on its common stock.
  • The $0.45 cash dividend represents an annualized yield of 4.01% based on the closing share price of $44.87 on November 14, 2023.
  • Community Bank System, Inc. is a diversified financial services company with total assets of $15.4 billion focused on four main business lines – banking, benefits administration, insurance services and wealth management.
  • Community Bank System, Inc. is listed on the New York Stock Exchange and the Company’s stock trades under the symbol CBU.

First Citizens Announces Expanded Commitment to Communities in Northern California and Eastern Massachusetts

Retrieved on: 
火曜日, 11月 14, 2023
FCB, Acquisition, Federal Deposit Insurance Corporation, Organization, Bank, Investment, Silicon, NCRC, Community, LMI, MAHA, Small business, Community Reinvestment Act, City, Health, Citizenship, Volksgemeinschaft, FDIC, Greenlining Institute, Quality of life, Commonwealth, SVB, First Citizens BancShares, CRA, Community Bank, N.A., Financial services, Real estate, Silicon Valley Bank, Boston

RALEIGH, N.C., Nov. 14, 2023 /PRNewswire/ -- First Citizens Bank today announced an amendment to its existing Community Benefits Plan agreement with the National Community Reinvestment Coalition (NCRC) and its members that extends the bank's longstanding community support to Northern California and Massachusetts following its March acquisition of Silicon Valley Bank.

Key Points: 
  • This new First Citizens commitment also comes in addition to the $16 billion Community Benefits Plan that First Citizens announced in February 2021.
  • "Silicon Valley Bank was an important component of the California economy and is now continuing to support the economy as a division of First Citizens Bank.
  • Now it's about implementation – and we look forward to working with First Citizens to ensure these investments reach communities of color."
  • Now operating as a division of First Citizens Bank, Silicon Valley Bank has resumed serving some of the world's most innovative companies and investors.