- John M. Berry joins as Commercial Market Executive
- Mark Magee joins as Director of Treasury Services
- Kerth Friel joins as Loan Administration Manager
WARSAW, N.Y., July 02, 2018 (GLOBE NEWSWIRE) -- Five Star Bank (the “Bank”), subsidiary of Financial Institutions, Inc.
(NASDAQ:FISI), today announced the further expansion of its commercial lending and cash management teams with the recent hiring of
three experienced bankers.
- John M. Berry was named Senior Vice President and Commercial Market Executive for Commercial Real Estate. Mr. Berry is
responsible for expanding Five Star Bank’s business in both conventional project financing as well as affordable housing. He
brings more than 30 years of experience in commercial banking and commercial real estate finance in Upstate New York and the
Northeast region of the U.S. Most recently he served as Senior Vice President and Northeast Region Team Leader for Community
Development Lending & Investment at KeyBank. Previously he served as First Vice President of Commercial Real Estate for First
Niagara Bank.
- Mark Magee was named Vice President and Director of Treasury Services. He manages the Bank’s cash management business for
commercial customers and prospects, works with business partners to develop and deploy new cash management products and services,
and is developing internal processes and associate training to enhance the treasury customer experience. He joined Five Star Bank
after a 29-year career in Banking Treasury Management at HSBC Bank N.A. Mr. Magee has been a Certified Treasury Professional
since 2001.
- Kerth Friel was named Loan Administration Manager. Mr. Friel is responsible for the commercial loan closing and funding
process at Five Star Bank. He has 20 years of Western New York banking experience and brings in-depth expertise to the
administration of the Bank’s Commercial Loan portfolio. He most recently served as Senior Closing Coordinator for Community
Development Lending at KeyBank. Previously he served as Portfolio Administrator for Commercial Real Estate at First Niagara
Bank.
William L. Kreienberg, Chief Corporate Development Executive, stated, “We are proud to have these experienced
banking professionals join our organization, further expanding our capabilities and improving our product offerings. Their hires
demonstrate our commitment to the continued growth and strengthening of our commercial organization. Our customers will benefit
from the knowledge, expertise and relationships they bring to Five Star Bank.”
About Five Star Bank and Financial Institutions, Inc.
Five Star Bank provides a wide range of consumer and commercial banking and lending services to individuals, municipalities, and
businesses through a network of more than 50 offices throughout Western and Central New York State. Additional Five Star Bank
information is available at www.five-starbank.com, on Twitter, and on Facebook.
Five Star Bank, Scott Danahy Naylon, LLC (“SDN”), Courier Capital, LLC (“Courier Capital”) and HNP Capital, LLC
(“HNP Capital”) are subsidiaries of Financial Institutions, Inc. SDN provides a broad range of insurance services to personal
and business clients across 45 states. Courier Capital and HNP Capital provide customized investment management, investment
consulting and retirement plan services to individuals, businesses, institutions, foundations and retirement plans. Financial
Institutions, Inc. and its subsidiaries employ approximately 650 individuals. Financial Institutions, Inc. stock is listed on
the NASDAQ Global Select Market under the symbol FISI. Additional information is available at www.fiiwarsaw.com.
Contact:
Shelly J. Doran
(585) 627-1362 or sjdoran@five-starbank.com
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