Community Financial System, Inc. (CBU)
NYSE: CBU · Real-Time Price · USD
54.06
+0.51 (0.95%)
Aug 8, 2025, 11:43 AM - Market open

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 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.

Community Financial System, Inc.
Community Financial System logo
CountryUnited States
Founded1866
IndustryBanks - Regional
SectorFinancials
Employees2,918
CEODimitar Karaivanov

Contact Details

Address:
5790 Widewaters Parkway
Dewitt, New York 13214-1883
United States
Phone315 445 2282
Websitecommunityfinancialsystem.com

Stock Details

Ticker SymbolCBU
ExchangeNYSE
Stock TypeCommon Stock
Fiscal YearJanuary - December
Reporting CurrencyUSD
CIK Code0000723188
CUSIP Number203607106
ISIN NumberUS2036071064
Employer ID16-1213679
SIC Code6021

Key Executives

NamePosition
Michael Thomas CerminaroPresident and Chief Executive Officer of Wealth Management Division
Dimitar A. KaraivanovPresident, Chief Executive Officer and Director
Maureen A. Gillan-MyerExecutive Vice President and Chief Human Resources Officer and Administration officer
Michael N. AbdoExecutive Vice President and General Counsel
Jeffrey M. LevySenior Vice President and Chief Banking Officer
Marya Burgio WlosExecutive Vice President and Chief Financial Officer
Aaron FriotSenior Vice President, Chief Technology and Operations Officer
Deresa F. DurkeeSenior Vice President and Chief Accounting Officer
Dorothy QuarltereChief Compliance Officer
Daniel L. BaileySenior Vice President and Chief Risk Officer

Latest SEC Filings

DateTypeTitle
Jul 23, 20258-KCurrent Report
Jul 22, 20258-KCurrent Report
Jun 25, 2025144Filing
Jun 25, 20258-KCurrent Report
Jun 6, 202511-KAnnual report of employee stock purchase, savings and similar plans
May 30, 2025S-8Securities to be offered to employees in employee benefit plans
May 23, 20258-KCurrent Report
May 13, 2025SCHEDULE 13GFiling
May 9, 202510-QQuarterly Report
Apr 29, 20258-KCurrent Report