Community Bank System Inc

Community Bank System Inc. operates as the bank holding company for Community Bank N.A. that provides various banking and other financial services to retail commercial and municipal customers. It operates through three segments: Banking Employee Benefit Services and All Other. The company offers various deposits products such as interest and noninterest -bearing checking savings and money market deposit accounts as well as time deposits. It also provides loans including consumer mortgages; general purpose commercial and industrial loans and mortgages on commercial properties; paycheck protection program loans; installment loans that are originated through selected dealerships and are secured by automobiles marine and other recreational vehicles; personal installment loans and check credit lines of credit for consumers; and home equity products. In addition the company offers broker-dealer and investment advisory; cash management investment and treasury services; asset management services; and employee benefit services as well as operates as a full-service insurance agency that provides personal and commercial lines of insurance and other risk management products and services. Further it offers contribution plan administration employee benefit trust collective investment fund retirement plan administration and benefit consulting fund administration transfer agency actuarial and benefit consulting VEBA/HRA and health and welfare consulting services; and act as an investor in residential and commercial real estate activities. Additionally the company offers wealth management retirement planning higher educational planning fiduciary risk management trust and personal financial planning services; and investment alternatives including stocks bonds mutual funds and insurance and advisory products as well as master recordkeeping services. Community Bank System Inc. was founded in 1866 and is headquartered in DeWitt New York.