DeWITT — Community Bank System, Inc. (NYSE: CBU) today announced plans to build a 4,600-square-foot branch office in the town of DeWitt.
The company’s banking subsidiary, Community Bank NA, last month bought a 1.5 acre property at the intersection of Bridge Street and Widewaters Parkway, the firm said in a news release.
Community Bank expects to break ground on the project in late spring and anticipates crews will complete the project by late summer, the banking company said.
(Sponsored)
How Does New York State’s Clean Slate Act Impact You?
On November 16, 2023, Governor Hochul signed into law the Clean Slate Act which automatically seals criminal records for certain crimes. The law (effective next year), provides that misdemeanors are
Important Tax Law Changes To Be Aware Of
Effective planning for your construction business not only includes understanding the items that impact your operations but also the results that taxation on your profits will have on your net
The upcoming DeWitt branch, the bank’s third location in Onondaga County, will offer personal-banking, business-banking, and wealth-management services. Community Bank’s two other branches in the county are situated in Skaneateles and Cicero.
The DeWitt office will include a multi-lane, drive-up teller window and ATM, which will be accessible from Bridge Street.
Plans also call for a new traffic signal at the intersection, permitting entry to the property from both the north and south bound Bridge Street lanes, Community Bank said.
Community Bank System, which is headquartered on Widewaters Parkway in DeWitt, has $7.3 billion in assets and more than 180 branch offices. Community Bank, N.A. operates across upstate New York and Northeastern Pennsylvania. Other subsidiaries include Benefit Plans Administrative Services, Inc., the CBNA Insurance Agency, Community Investment Services, Inc., and Nottingham Advisors.
Contact Reinhardt at ereinhardt@cnybj.com
