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Mergers and Acquisitions (M&A): Community Financial System (NYSE: CBU) Acquires ClearPoint Federal Bank & Trust for $40 Million
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Mergers and Acquisitions (M&A): Community Financial System (NYSE: CBU) Acquires ClearPoint Federal Bank & Trust for $40 Million
DeWitt, New York – Community Financial System has announced the acquisition of ClearPoint Federal Bank & Trust (https://clearpointfederal.com/). According to the company announcement Community Financial System, Inc. (NYSE: CBU) is a diversified financial services company with a strategic focus on four primary business lines: banking services, employee benefit services, insurance services, and wealth management services. Its banking subsidiary, C…
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