Community Bank System Inc. Announces Retirement of Paul M. Cantwell, Jr. as Member of Board of Directors
January 04, 2013 at 01:30 pm
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On December 31, 2012, Paul M. Cantwell, Jr., a member of the Board of Directors of Community Bank System Inc. retired from the Board in accordance with the Company's mandatory retirement policy for directors. Pursuant to the Company's Bylaws, a director is required to retire from the Board on December 31 of the year in which he or she attains the age of 70. Mr. Cantwell has served as a director of the Company and Community Bank, N.A., the Company's subsidiary, since 2001.
He served as Chair of the Board from June 2006 to April 2010.
Community Financial System, Inc., formerly Community Bank System, Inc., is a diversified financial services company. The Company is focused on four main business lines, such as banking, employee benefit services, insurance services and wealth management. The Companyâs banking subsidiary, Community Bank, N.A., operates approximately 200 customer facilities across Upstate New York, Northeastern Pennsylvania, Vermont, and Western Massachusetts. The Companyâs Benefit Plans Administrative Services, Inc. subsidiary is a provider of employee benefits administration, trust services, collective investment fund administration, and actuarial consulting services to customers on a national scale. The Companyâs OneGroup NY, Inc. subsidiary is a United States insurance agency. The Company also offers comprehensive financial planning, trust administration and wealth management services through its Wealth Management operating unit.
COMMUNITY FINANCIAL SYSTEM, INC. 
