Community Bank System, INC.: insider trades · United States · SEC (Form 4)

About Community Bank System, INC.

Community Bank System, Inc. is a U.S.-listed financial services company traded on the NYSE, historically positioned as a leading community-banking franchise in the Northeast. The company changed its corporate name in 2024 to Community Financial System, Inc., but its operating heritage remains closely associated with Community Bank System. For investors, it offers exposure to a diversified regional financial platform in the United States, with a long operating history dating back to 1866 through its predecessor institution. Its headquarters are in Syracuse, New York. ([sec.gov](https://www.sec.gov/Archives/edgar/data/723188/000141057825000247/cbu-20241231x10k.htm?utm_source=openai)) The group is organized around four core business lines: banking and corporate, employee benefit services, insurance services, and wealth management services. That diversified structure is strategically important because it reduces reliance on traditional spread income and adds more recurring fee-based revenue streams. On the banking side, Community Bank, N.A. provides a broad set of retail and commercial banking products, including deposits, lending, cash management, and digital banking solutions for consumers, small businesses, municipalities, and commercial clients. The non-banking businesses extend the franchise into retirement plan administration, insurance distribution, and wealth management, giving the company a more balanced earnings profile than a pure-play regional bank. ([sec.gov](https://www.sec.gov/Archives/edgar/data/723188/000141057825000247/cbu-20241231x10k.htm?utm_source=openai)) Competitively, the company operates as a relationship-driven regional institution, emphasizing local decision-making, community knowledge, and a combined branch-plus-digital delivery model. Management describes its product set as comprehensive, and that positioning supports competition against national banks, credit unions, fintechs, mortgage lenders, broker-dealers, and other financial-service providers across its footprint. Geographically, the franchise is concentrated in Upstate New York, Pennsylvania, Vermont, New Hampshire, and western Massachusetts, with the institution reporting 200+ branches and roughly 2,900 local employees in corporate communications. ([cbna.com](https://cbna.com/our-story?utm_source=openai)) Recent highlights include stronger net interest income in 2024, organic loan growth, and record results across all four operating segments, despite a higher-rate environment. The company also noted growth in government deposit balances and continued use of fixed-rate FHLB borrowings to support balance-sheet funding as earning assets grew faster than deposits. For investors following Form 4 insider transactions, the stock remains a regional banking name where earnings quality, deposit competition, credit performance, and rate sensitivity are key analytical drivers. ([sec.gov](https://www.sec.gov/Archives/edgar/data/723188/000141057825000247/cbu-20241231x10k.htm?utm_source=openai))