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Community Bank System, Inc. (CBU)

44.57 +0.12 (+0.27%)
At close: April 23 at 4:00 PM EDT
44.57 0.00 (0.00%)
After hours: April 23 at 6:09 PM EDT

Key Executives

Amounts are as of December 31, 2023 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.
NameTitlePayExercisedYear Born
Mr. Dimitar A. Karaivanov President, CEO & Director 759.16k -- 1982
Mr. Joseph E. Sutaris Executive VP, CFO & Treasurer 669.53k -- 1967
Ms. Maureen A. Gillan-Myer Executive VP & Chief Human Resources Officer 576.81k -- 1968
Mr. Jeffrey M. Levy Senior VP & Chief Banking Officer 560.05k -- 1962
Mr. Aaron Friot Senior VP, Chief Technology & Operations Officer -- -- --
Dorothy Quarltere Chief Compliance Officer -- -- --
Mr. Michael N. Abdo Executive VP & General Counsel -- -- 1978
Mr. Daniel L. Bailey Senior VP & Chief Risk Officer -- -- --
Mr. Michael T. Cerminaro President & CEO of Wealth Management Division -- -- --
Danielle M. Cima Corporate Secretary & Associate General Counsel -- -- --

Community Bank System, Inc.

5790 Widewaters Parkway
DeWitt, NY 13214-1883
United States
315 445 2282 https://cbna.com
Industry: 
Banks - Regional
Full Time Employees: 
2,687

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.

Corporate Governance

Community Bank System, Inc.’s ISS Governance QualityScore as of April 1, 2024 is 6. The pillar scores are Audit: 5; Board: 2; Shareholder Rights: 6; Compensation: 9.
Corporate governance scores courtesy of Institutional Shareholder Services (ISS) Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.

Recent Events

  • Apr 23, 2024
    8-K: Corporate Changes & Voting Matters
    See Full Filing
  • Apr 10, 2024
    Dividend Date
  • Mar 29, 2024
    DEF 14A: Proxy Statements
    See Full Filing
  • Mar 14, 2024
    Ex-Dividend Date
  • Feb 29, 2024
    10-K: Periodic Financial Reports
    See Full Filing

Upcoming Events

Apr 23, 2024
Community Bank System, Inc. Earnings Call

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