Press release
Five Star Bank Expands its Commercial Lending Franchise in Central New York with New Syracuse Office
The growing community bank recently received regulatory approval for a new commercial loan production office located in Syracuse’s historic Franklin Square
About this update from Financial Institutions, Inc.
[{"type":"text","content":"The growing community bank recently received regulatory approval for a new commercial loan production office located in Syracuse’s historic Franklin Square\nSYRACUSE, N.Y., Jan. 24, 2023 (GLOBE NEWSWIRE) -- Five Star Bank (the “Bank”), a wholly-owned subsidiary of Financial Institutions, Inc. (NASDAQ: FISI) (the “Company”), today announced its expansion into the Syracuse market with a new commercial loan production office in the city’s historic Franklin Square. Located at 115 Solar Street, the new office provides the Bank with entrance into Onondaga County, expanding its Upstate New York footprint to 15 counties throughout Western New York, the Southern Tier and the Finger Lakes region. Five Star Bank’s Syracuse office will be home to a three-person Commercial and Industrial team led by Central New York Regional President and Commercial and Industrial Executive Alison K. Miller, as well as a Commercial Real Estate Banker who will report to Finger Lakes/Southern Tier Regional President and Commercial Real Estate Executive Craig J. Burton. Larry Alampi has over 20 years of banking experience and serves as Commercial and Industrial Banker, assisting companies with their depository and borrowing needs. He previously worked at HSBC, First Niagara and KeyBank, and most recently served as Business Development Manager for CH Insurance. A graduate of Le Moyne College, he is also a loan committee member of the Greater Syracuse Business Development Corp.Thomas Breed, who has more than 30 years of local banking experience, serves as Commercial and Industrial Banker, assisting companies with all of their depository and borrowing needs. He previously worked for KeyBank, First Niagara, Citizens Bank and JP Morgan Chase Bank and is a graduate of Syracuse University.Andrew March serves as Commercial Real Estate Banker. The 34-year banking veteran joined Five Star from Solvay Bank and spent the majority of his career in the Central New York banking space at institutions including Berkshire Bank, M&T Bank, KeyBank, Community Bank and more. He is a graduate of Clarkson University.Sara Smith serves as a Senior Portfolio Manager for the team, handling the service needs of commercial clients throughout Central New York and beyond. Smith, who previously worked at First Niagara and KeyBank, is a graduate of SUNY Oswego and the class of 2016 of Leadershi...