CANANDAIGUA, N.Y. — Canandaigua National Bank & Trust announced it will be entering the Syracuse market with plans to open multiple branches starting in 2025. Frank Hamlin, III, the bank’s president and CEO, views this announcement as the “next exciting evolution for an organization that has made consistent and considerable growth throughout its history.” Canandaigua […]
CANANDAIGUA, N.Y. — Canandaigua National Bank & Trust announced it will be entering the Syracuse market with plans to open multiple branches starting in 2025. Frank Hamlin, III, the bank’s president and CEO, views this announcement as the “next exciting evolution for an organization that has made consistent and considerable growth throughout its history.” Canandaigua is a city in Ontario County located at the northern end of Canandaigua Lake. Canandaigua National Bank & Trust will announce individual locations in the Syracuse area as details are finalized, but the expectation is to add multiple branches over the next one to three years, with at least one office anticipated to open in 2025. Along with retail-banking services, Canandaigua National Bank & Trust will offer financial services that include business banking, commercial lending, mortgage lending and loan origination, wealth-management services, estate and trust services, and insurance. As branches draw nearer to opening, Canandaigua National Bank & Trust says it will begin hiring to staff those locations, as well as to support other services and banking operations. “This decision is the result of extensive research and thoughtful consideration by our leadership team,” Hamlin said in the bank’s announcement. “It reflects the strength of our bank as a business, along with the steadfast work and commitments in the Syracuse area that are yielding promising growth from the designated national tech hub corridor that will connect Rochester, Syracuse, and Buffalo to the development of job training skills and housing.” Founded in 1887, Canandaigua National Bank & Trust describes itself as “the region’s only local, full-service, community-owned financial institution,” with 25 branches in Ontario and Monroe counties, as well as financial-services offices located in Canandaigua, Bushnell’s Basin, downtown Rochester, and downtown Sarasota, Florida, per the announcement.