First Niagara Financial Group, Inc. (NASDAQ: FNFG) has promoted Daniel Cantara to the position of senior executive vice president and chief banking officer.
Cantara has oversight and leadership of all customer-facing businesses at the bank. He first joined Buffalo–based First Niagara in 2001 and has led its commercial services group since 2007.
Before joining First Niagara, he spent 20 years in public accounting.
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First Niagara Bank has 430 branches, $36 billion in assets, and 6,000 employees in upstate New York, Pennsylvania, Connecticut, and Massachusetts.
First Niagara Bank is number four in the Syracuse metro area deposit market with 21 branches, more than $808 million in deposits, and a deposit market share of more than 7.5 percent, according to the latest statistics from the Federal Deposit Insurance Corp. First Niagara is also number four in the Utica–Rome market with nine branches, $405.9 million in deposits, and a market share of about 11 percent.
The bank is number two in the Binghamton market with 10 branches, $342.5 million in deposits, and a market share of 12.8 percent.
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