CBU - Community Bank System, Inc.

NYSE - NYSE Delayed Price. Currency in USD

Community Bank System, Inc.

5790 Widewaters Parkway
DeWitt, NY 13214
United States
315-445-2282
http://cbna.com

SectorFinancial Services
IndustryBanks - Regional - US
Full Time Employees2,661

Key Executives

NameTitlePayExercisedYear Born
Mr. Mark E. TryniskiPres, CEO & Director1.53MN/A1960
Mr. Joseph E. SutarisExec. VP, CFO & Treasurer775.2kN/A1967
Mr. Scott A. Kingsley CPAExec. VP & COO1.04M48.14k1965
Mr. George J. GetmanExec. VP & Gen. Counsel642.4kN/A1957
Mr. Joseph F. SerbunExec. VP & Chief Credit Officer515.81k87.42k1961
Amounts are as of December 31, 2018 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 bank holding company for Community Bank, N.A. that provides various banking and other 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 broker-dealer and investment advisory services; and asset management services to individuals, corporations, 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. 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 well as transfer agency and master recordkeeping services. As of December 31, 2018, it had 224 branches in Upstate New York, as well as Northeastern Pennsylvania, Vermont, and Western Massachusetts. 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 July 29, 2019 is 4. The pillar scores are Audit: 2; Board: 3; Shareholder Rights: 7; Compensation: 4.

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.