Community Bank System, Inc. (CBU)
NYSE: CBU · IEX Real-Time Price · USD
+2.02 (4.76%)
Apr 19, 2024, 4:00 PM EDT - Market closed

Company Description

Community Bank 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 Bank System, Inc. was founded in 1866 and is headquartered in DeWitt, New York.

Community Bank System, Inc.
Community Bank System logo
Country United States
Founded 1866
Industry Banks - Regional
Sector Financials
Employees 2,849
CEO Dimitar A. Karaivanov

Contact Details

5790 Widewaters Pkwy
Dewitt, New York 13214
United States
Phone (800) 724-2262

Stock Details

Ticker Symbol CBU
Exchange NYSE
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
Dimitar A. Karaivanov President, Chief Executive Officer and Director
Joseph E. Sutaris Executive Vice President, Chief Financial Officer and Treasurer
Maureen A. Gillan-Myer Executive Vice President and Chief Human Resources Officer
Jeffrey M. Levy Senior Vice President and Chief Banking Officer
Aaron Friot Senior Vice President, Chief Technology and Operations Officer
Dorothy Quarltere Chief Compliance Officer
Michael N. Abdo Executive Vice President and General Counsel
Daniel L. Bailey Senior Vice President and Chief Risk Officer
Michael T. Cerminaro President and Chief Executive Officer of Wealth Management Division
Danielle M. Cima Corporate Secretary and Associate General Counsel

Latest SEC Filings

Date Type Title
Mar 29, 2024 ARS Filing
Mar 29, 2024 DEFA14A Additional definitive proxy soliciting materials and Rule 14(a)(12) material
Mar 29, 2024 DEF 14A Other definitive proxy statements
Feb 29, 2024 10-K Annual Report
Feb 21, 2024 144 Filing
Feb 13, 2024 SC 13G/A [Amend] Statement of acquisition of beneficial ownership by individuals
Feb 12, 2024 SC 13G Statement of acquisition of beneficial ownership by individuals
Feb 9, 2024 8-K/A [Amend] Current report
Jan 24, 2024 SC 13G/A [Amend] Statement of acquisition of beneficial ownership by individuals
Jan 23, 2024 SC 13G/A [Amend] Statement of acquisition of beneficial ownership by individuals