ITHACA — Tompkins Financial Corp. (NYSE Amex: TMP) announced several changes in its senior leadership earlier this week.
Frank Fetsko, currently executive vice president and CFO, will now also serve as chief operations officer. He will lead several shared services functions and continue as executive vice president and CFO.
Fetsko has been with the company since 1996 and has been CFO since 2003.
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The company also named a leader for its newly established Tompkins Direct Services department. John Saunders, currently treasurer, will lead Tompkins Direct, which will focus on delivering products and services remotely.
The company also named Rosemary Hyland to its senior human resources role and announced that Susan Valenti has joined Tompkins as corporate marketing officer.
Tompkins Financial, based in Ithaca, operates 46 offices in the Central, Western, and Hudson Valley regions of New York through three subsidiary banks: Tompkins Trust Co., The Bank of Castile, and Mahopac National Bank. The company also owns insurance and wealth-management subsidiaries and has total assets of more than $3.4 billion.
Tompkins plans to close an acquisition of VIST Financial Corp. (NASDAQ: VIST) of Wyomissing, Pa. in the third quarter. When complete, the $86 million deal will give Tompkins a total of $4.8 billion in assets, $3.8 billion in deposits, $2.9 billion in loans, and 67 branches.
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