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USNY Bank reports rise in Q2 net income

Rochester Business Journal
July 11, 2013

USNY Bank Inc., parent of Bank of the Finger Lakes in Geneva, increased its net income by 3.5 percent in the second quarter compared a year ago.

The bank’s income was $559,375 for the quarter ending June 30, up from $540,559 in the second quarter of 2012.

The bank’s assets climbed 12 percent, to $163.4 million by quarter’s end from $145.9 million on Dec. 31, and rose from $151.7 million at the end of the first quarter.

“We’re continuing to generate consistent growth by providing our customers with locally delivered decision-making and quality personal service,” President and CEO Michael Briggs said in a statement released Wednesday.

USNY Bank also is the Geneva-based parent of the Bank of Cooperstown.

(c) 2013 Rochester Business Journal. To obtain permission to reprint this article, call 585-546-8303 or email service@rbj.net.


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