This Week
  • Prominent cancer surgeon to lead URMC's department of surgery.

  • ConServe does collection work for government, education and business.

  • Donald Mead draws on his experience in leading furniture maker Gunlocke Co.

  • Arts and cultural groups are using a range of strategies to draw younger people.

  • Anne Gabel, 27, owns MJ Gabel Diamond and Jewelry Buyers.

  • The RBJ 75 supplement presents a list of the 75 largest private-sector employers.

Four branches converted to Five Star Bank

Rochester Business Journal
June 28, 2012

The conversion of four First Niagara Bank N.A. branches to Five Star Bank last weekend went smoothly, with 12,000 new customers and 30 new employees joining the Warsaw, Wyoming County-based bank, Five Star officials said.
 
Five Star acquired branches in Brockport, Batavia, Medina and Waterloo, adding $129.3 million in assumed deposits and $58.6 million in loans, the bank said in a statement Wednesday.

“This is an extremely proud week for everyone within the Five Star Bank family,” said Peter Humphrey, president and CEO of Five Star and its parent, Financial Institutions Inc.

Staff was added at each of the four locations, and call center staffing was increased in anticipation of customer needs, the company said. Calls were heavier than usual Monday, but had returned to normal levels by Wednesday.
 
Five Star is scheduled to acquire former HSBC branches in Albion, Orleans County, and the communities of Elmira, Elmira Heights and Horseheads in Chemung County on Aug. 17, pending regulatory approval.

(c) 2012 Rochester Business Journal. To obtain permission to reprint this article, call 585-546-8303 or email service@rbj.net.


What You're Saying 

There are no comments yet. Be the first to add yours!

Post Your Own Comment

 
Username:
Password:

Not registered? Sign up now!
 

To Do   Text Size
Post CommentPost A Comment eMail Size1
View CommentsView All Comments PrintPrint Size2
ReprintsReprints Size3
  • E-mailed
  • Commented
  • Viewed
RBJ   Google