Bank holding company providing banking and financial services through its subsidiary, Five Star Bank.
Financial Institutions, Inc. serves as the holding company for Five Star Bank, a prominent chartered bank delivering a wide array of banking and financial services throughout New York State. Established in 1817 and headquartered in Warsaw, New York, the company caters to individuals, municipalities, and businesses with a comprehensive suite of offerings. These include various checking and savings account programs, encompassing money market accounts, certificates of deposit, sweep investments, and individual retirement and qualified plan accounts.
The lending portfolio of Financial Institutions, Inc. spans a diverse range of products tailored to meet the needs of its commercial and personal clients. This includes term loans, lines of credit, commercial mortgages, and residential mortgage loans, covering both single-family and multi-family properties. Additionally, the company extends consumer loans such as automobile financing, secured installment loans, and personal loans, further enhancing its service offerings across different segments of the market.
Beyond traditional banking services, Financial Institutions, Inc. provides comprehensive insurance solutions, including personal insurance products like automobile, homeowners, and umbrella coverage, as well as commercial insurance covering property, liability, and workers compensation. The company also offers a robust suite of financial services, including investment advisory, wealth management, retirement planning, and customized investment consulting services. With its longstanding presence and commitment to community banking, Financial Institutions, Inc. continues to play a vital role in fostering financial stability and growth in the regions it serves.