Company 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 governmental customers.
The company operates in four segments: Banking, Employee Benefit Services, Insurance Services and Wealth Management Services.
The Banking Segment offers lending and depository-related products and services; treasury management solutions and payment processing services, as well as certain corporate overhead-related expenses to individuals, businesses, and governmental units.
The Employee Benefit Segment provides employee benefit trust, collective investment fund, retirement plan and health savings account administration, fund administration, transfer agency, actuarial, health and welfare consulting services and introducing broker-dealer services.
The Insurance Services segment offers personal and commercial lines of insurance and other risk management products and services, as well as employee benefit related services.
The Wealth Management Services provides wealth management, retirement planning, higher educational planning, fiduciary, risk management, trust services, and personal financial planning services.
This segment also offers a range of investment products including stocks, bonds, exchange-traded funds, mutual funds, insurance, and advisory products.
Community Financial System, Inc. was founded in 1866 and is headquartered in Syracuse, New York.
| Country | United States |
| Founded | 1866 |
| Industry | Banks - Regional |
| Sector | Financials |
| Employees | 3,001 |
| CEO | Dimitar Karaivanov |
Contact Details
Address: 333 Butternut Drive Syracuse, New York 13214 2141 United States | |
| Phone | 315 445 2282 |
| Website | communityfinancialsystem.com |
Stock Details
| Ticker Symbol | CBU |
| Exchange | NYSE |
| Stock Type | Common Stock |
| Fiscal Year | January - December |
| Reporting Currency | USD |
| CIK Code | 0000723188 |
| CUSIP Number | 203607106 |
| ISIN Number | US2036071064 |
| Employer ID | 16-1213679 |
| SIC Code | 6021 |
Key Executives
| Name | Position |
|---|---|
| Michael Thomas Cerminaro | President and Chief Executive Officer of Wealth Management Division |
| Dimitar A. Karaivanov | President, Chief Executive Officer and Director |
| Maureen A. Gillan-Myer | Executive Vice President and Chief Human Resources Officer and Administration officer |
| Michael N. Abdo | Executive Vice President and General Counsel |
| Jeffrey M. Levy | Senior Vice President and Chief Banking Officer |
| Marya Burgio Wlos | Executive Vice President, Treasurer and Chief Financial Officer |
| Aaron Friot | Senior Vice President, Chief Technology and Operations Officer |
| Deresa F. Durkee | Senior Vice President and Chief Accounting Officer |
| Dorothy Quarltere | Chief Compliance Officer |
| Daniel L. Bailey | Senior Vice President and Chief Risk Officer |
Latest SEC Filings
| Date | Type | Title |
|---|---|---|
| Mar 27, 2026 | ARS | Filing |
| Mar 27, 2026 | DEFA14A | Additional definitive proxy soliciting materials and Rule 14(a)(12) material |
| Mar 27, 2026 | DEF 14A | Other definitive proxy statements |
| Mar 26, 2026 | SCHEDULE 13G/A | Filing |
| Feb 27, 2026 | 10-K | Annual Report |
| Feb 11, 2026 | 8-K | Current Report |
| Feb 11, 2026 | 8-K | Current Report |
| Feb 4, 2026 | 144 | Filing |
| Feb 3, 2026 | 144 | Filing |
| Feb 3, 2026 | 144 | Filing |