Community Financial System, Inc. Significantly Expands Its Wealth Management Services With Acquisition of ClearPoint Federal Bank & Trust
Community Bank System, Inc. (CBU)
Last community bank system, inc. earnings: 4/20 06:45 am
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US:NYSE Investor Relations:
ir.communitybanksystem.com
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Source: Business Wire
SYRACUSE, N.Y.--(BUSINESS WIRE)--Community Financial System, Inc. (NYSE: CBU) (“CFSI”) announced today that its wholly-owned banking subsidiary, Community Bank, N.A., has entered into an agreement to acquire ClearPoint Federal Bank & Trust (“ClearPoint”). The transaction significantly expands the revenue and offerings of Nottingham Financial Group (“NFG”), CFSI’s wealth management services business, and contributes to CFSI’s strategic capital deployment into durable, recurring, growing income streams.This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260115164660/en/ClearPoint is a national leader in trust administration for the approximately $20 billion death care industry, with over $1.5 billion of assets under management and 3-year revenue CAGR of 8.8%. Following the consummation of the transaction, ClearPoint is expected to retain its brand and offerings while benefiting from deeper capabilities as part of both NFG and
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CBU
Earnings
- 10/21/25 - Beat
CBU
Sec Filings
- 1/15/26 - Form 8-K
- 1/6/26 - Form 8-K
- 12/19/25 - Form 4
- CBU's page on the SEC website