Partners Trust Financial Group Inc

Industry:

Banking

Description

Partners Trust Financial Group Inc., headquartered in Utica, New York, is the holding company for SBU Bank, which was founded in 1839. SBU Bank offers a wide variety of business and retail banking products as well as a full range of investment services through it's nine Central New York locations in Oneida, Onondaga and Herkimer counties. Customers' banking needs are serviced 24 hours a day through a network of ATMs, automated telephone banking, and through the convenience of internet banking at it's website www.sbu.com.

On August 13, 2002, Partners Trust announced it had agreed to acquire Herkimer Trust Corporation. Herkimer Trust Corporation, holding company for Herkimer County Trust Company, operates twelve branches in Herkimer and Oneida counties. The company has branches in Little Falls, Dolgeville, Frankfort, Herkimer, Ilion, Marcy, New Hartford, Newport, Oriskany, and Utica, New York, capturing the largest deposit market share in Herkimer County.

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