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Five Star Bank parent's earnings take hit from fraud case

Financial Institutions profits plunged 79% in the first quarter, to $2.1 million from $9.8 million a year ago. ....

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Five Star Bank parent sells SDN Insurance for $27 million

Five Star joins Evans Bank and M&T Bank as Buffalo Niagara banks that have shed the insurance businesses that they either acquired or built up as part of a move ....

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Financial Institutions, Inc. Announces Sale of the Assets of SDN Insurance Agency to NFP

$27.0 million all cash transaction, representing ~4.0x 2023 insurance income, supports Financial Institutions, Inc.’s earnings and capital position and allows for reinvestment to support its core. ....

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Financial Institutions (FISI) Sells Assets of SDN Insurance Agency to NFP

Financial Institutions (FISI) Sells Assets of SDN Insurance Agency to NFP
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Financial Institutions, Inc. Announces Sale of the Assets

$27.0 million all cash transaction, representing ~4.0x 2023 insurance income, supports Financial Institutions, Inc.’s earnings and capital position and. ....

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