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Community Bank System, Inc. (CBU)

NYSE - NYSE Delayed Price. Currency in USD
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Community Bank System, Inc.

5790 Widewaters Parkway
De Witt, NY 13214
United States
315-445-2282
http://www.communitybankna.com

SectorFinancial
IndustryRegional - Midwest Banks
Full Time Employees2,222

Key Executives

NameTitlePayExercisedAge
Mr. Mark E. TryniskiCEO, Pres & Director1.18M1.57M56
Mr. Scott A. Kingsley CPACFO, Exec. VP, Treasurer, Exec. VP of Community Bank and CFO of Community Bank643.04k346.19k52
Mr. George J. GetmanExec. VP, Gen. Counsel, Exec. VP of Community Bank and Gen. Counsel of Community Bank574.75k174.35k60
Mr. Brian D. DonahueChief Banking Officer, EVP, Chief Banking Officer of Community Bank and EVP of Community Bank517.44k135.89k61
Mr. Joseph F. SerbunChief Credit Officer and Sr. VP364.73k7.8k56
Amounts are as of December 31, 2016 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.

Description

Community Bank System, Inc. operates as the holding company for Community Bank, N.A. that provides various banking and financial services to retail, commercial, and municipal customers. It operates through three segments: Banking, Employee Benefit Services, and All Other. The company offers various deposits products, such as checking, savings, and money market accounts, as well as time deposits. It also provides loans comprising consumer mortgages; general purpose commercial and industrial loans, and mortgages on commercial properties; installment loans that are originated through selected dealerships and are secured by automobiles, marine, and other recreational vehicles; personal installment loans and lines of credit for consumers; and home equity products. In addition, the company offers cash management, investment, and treasury services; broker-dealer and investment advisory services; and asset management services to individuals, corporate pension and profit sharing plans, and foundations, as well as operates as a full-service insurance agency that offers personal and commercial property insurance and other risk management products and services. Further, it offers contribution plan administration services, actuarial and benefits consulting services, and collective investment fund administration and institutional trust services, as well as employee benefit trust, retirement plan administration, VEBA/HRA, and health and welfare consulting services; and invests in residential real estate loans and properties. Additionally, the company provides wealth management, higher educational planning, fiduciary, risk management, and personal financial planning services; and investment alternatives, including stocks, bonds, mutual funds, and advisory products. As of December 31, 2016, the company had 193 branches in Upstate New York and Northeastern Pennsylvania. Community Bank System, Inc. was founded in 1983 and is headquartered in De Witt, New York.

Corporate Governance

Community Bank System, Inc.’s ISS Governance QualityScore as of August 1, 2017 is 4. The pillar scores are Audit: 1; Board: 5; Shareholder Rights: 7; Compensation: 2.

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.