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Home > Company Index > Banking > Banking - Northeast > Community Bank System, Inc.

Community Bank System, Inc.
NYSE: CBU
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 PROFILE
Community Bank System is the holding company for Community Bank, which operates about 90 branches in upstate New York and Pennsylvania. The company expanded into Pennsylvania following its acquisition of First Liberty Bank & Trust. Focusing on small, underserved towns, the bank offers such services as checking and savings, money market, and NOW accounts. Residential mortgage loans account for about a third of the loan portfolio, as do consumer loans. The bank also offers agricultural, commercial, and commercial real estate loans. In addition, it provides trust services, annuities, brokerage services, and insurance products. The company is buying three dozen bank branches in upstate New York from FleetBoston.

 COMPETITION
HSBC USA Inc. (dossier)
J.P. Morgan Chase & Co. (JPM)
M&T Bank Corporation (MTB)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 166.20
1-Yr. Sales Growth: 19.2%
Employees: 716
Revenue per employee: $232,122.91

 KEY PEOPLE
• Sanford A. Belden
    CEO
• David G. Wallace
    CFO

 CONTACT INFO
5790 Widewaters Pkwy.
DeWitt, NY 13214
US
Phone: 315-445-2282
Fax: 315-445-2997

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