Press release
Five Star Bank to Open Two Branches in the City of Buffalo
Federal and State Regulatory Approvals Received WARSAW, N.Y., Feb. 19, 2020 (GLOBE NEWSWIRE) -- Five Star Bank (the “Bank”), subsidiary of Financial
About this update from Financial Institutions, Inc.
[{"type":"text","content":"Federal and State Regulatory Approvals Received\n WARSAW, N.Y., Feb. 19, 2020 (GLOBE NEWSWIRE) -- Five Star Bank (the “Bank”), subsidiary of Financial Institutions, Inc. (NASDAQ:FISI) (the \"Company\"), announced today that it has obtained approvals from state and federal banking regulators to open two new branches in the City of Buffalo. The branches will be located at 2222 Seneca Street and 451 Elmwood Avenue. President and Chief Executive Officer Martin K. Birmingham said, “We are very pleased to announce this expansion of Five Star Bank. The new locations will help us grow our branch network in the important Buffalo market, making us more accessible to residents and businesses, and enable us to deliver our style of community banking to these communities. Our associates will offer a robust set of products and services designed to meet the needs of our customers and deliver education, advice and solutions to help them to improve their financial well-being. “The new branches will be situated in vibrant commercial corridors and extend the reach of Five Star Bank’s distribution system in both northern and southern directions from our downtown Fountain Plaza branch. The Seneca Street branch addresses a gap in availability of banking services and the Elmwood Avenue branch will be part of the adaptive redevelopment of the former Women and Children’s Hospital of Buffalo. Both branches are expected to open within the next twelve months.” About Five Star Bank and Financial Institutions, Inc. Five Star Bank provides a wide range of consumer and commercial banking and lending services to individuals, municipalities, and businesses through a network of more than 50 offices throughout Western and Central New York State. Additional Five Star Bank information is available at www.five-starbank.com, on Twitter, and on Facebook. Five Star Bank, SDN Insurance Agency, LLC (“SDN”), Courier Capital, LLC (“Courier Capital”) and HNP Capital, LLC (“HNP Capital”) are subsidiaries of Financial Institutions, Inc. SDN provides a broad range of insurance services to personal and business clients. Courier Capital and HNP Capital provide customized investment management, investment consulting and retirement plan services to individuals, businesses, institutions, foundations and retirement plans. Financial Institutions, Inc. and its subsidiaries employ approx...