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Community Bank System Inc(CBY)

Description: Community Financial System, Inc. operates as the bank holding company for Community Bank, N.A. that provides various banking and other financial services to retail, commercial, institutional, and municipal customers. It operates through three segments: Banking, Employee Benefit Services, and All Other. The company offers various deposits products, such as interest and noninterest -bearing checking, savings, and money market deposit accounts, as well as time deposits. It also provides loans, including consumer mortgages; general purpose commercial and industrial loans, and mortgages on commercial properties; paycheck protection program loans; installment loans that are originated through selected dealerships and are secured by automobiles, marine, and other recreational vehicles; personal installment loans and check credit lines of credit for consumers; and home equity products. In addition, the company offers broker-dealer and investment advisory; cash management, investment, and treasury services; asset management services; and employee benefit services, as well as operates as a full-service insurance agency that provides personal and commercial lines of insurance, and other risk management products and services. Further, it offers contribution plan administration, employee benefit trust, collective investment fund, retirement plan administration and benefit consulting, fund administration, transfer agency, actuarial and benefit consulting, and health and welfare consulting services; and act as an investor in residential and commercial real estate activities. Additionally, the company offers wealth management, retirement planning, higher educational planning, fiduciary, risk management, trust, and personal financial planning services; and investment alternatives, including stocks, bonds, mutual funds, and insurance and advisory products, as well as master recordkeeping services. Community Financial System, Inc. was founded in 1866 and is headquartered in Dewitt, New York.


Keywords: Bank Banking Cash Management Asset Management Services Wealth Management Risk Management Treasury Services Deposits Products Ocean Bank Risk Management Products Sofi Employee Benefit Services Advisory Products

Home Page: communityfinancialsystem.com

5790 Widewaters Parkway
Dewitt, NY 13214-1883
United States
Phone: 315 445 2282


Officers

Name Title
Mr. Dimitar A. Karaivanov President, CEO & Director
Mr. Joseph E. Sutaris Executive VP, CFO & Treasurer
Ms. Maureen A. Gillan-Myer Executive VP & Chief Human Resources Officer and Administration officer
Mr. Jeffrey M. Levy Senior VP & Chief Banking Officer
Ms. Deresa F. Durkee Senior VP & Chief Accounting Officer
Mr. Aaron Friot Senior VP, Chief Technology & Operations Officer
Dorothy Quarltere Chief Compliance Officer
Mr. Michael N. Abdo Executive VP & General Counsel
Mr. Daniel L. Bailey Senior VP & Chief Risk Officer
Mr. Michael T. Cerminaro President & CEO of Wealth Management Division

Exchange: F

Country: DE : Germany

Currency: Euro (€)

GIC Sector: Financials
GIC Group: Banks
GIC Industry: Banks
GIC Sub-Industry: Regional Banks
Forward PE: 15.5039
Trailing PE: 20.9459
Price-to-Book MRQ: 1.9325
Price-to-Sales TTM: 4.8348
IPO Date:
Fiscal Year End: December
Full Time Employees: 2687
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