CBU · Categories · M&A
CBU - Mergers and acquisitions
Community Financial System Inc. (CBU) mergers and acquisitions - real-time wire coverage filtered to M&A only.
Recent M&A for CBU
- BPAS Acquires ESOP One, Expanding Employee Ownership and ESOP CapabilitiesAcquisition strengthens the BPAS ability to support employers, advisors and employee-owners through an integrated ESOP and retirement plan solutionUTICA, N.Y., Sept. 8, 2026 /PRNewswire/ -- BPAS, a leading national provider of retirement plans, employee benefits and institutional trust services, today announced the acquisition of ESOP One, an employee ownership technology platform designed to educate and engage participants in Employee Stock Ownership Plans (ESOPs). The acquisition expands the BPAS specialized ESOP practice and adds participant education and engagement technology to its existing capabilities in ESOP and 401(k)
- Community Bank System Acquires Assets of Boston Area Insurance AgencyCommunity Bank System, Inc. (NYSE:CBU) announced today that it acquired the assets of the Thomas Gregory Associates Insurance Brokers, Inc. ("TGA"), a specialty-lines insurance broker based in the Boston marketplace. TGA's assets were acquired by OneGroup, NY, Inc. ("OneGroup"), a wholly-owned subsidiary of Community Bank System. OneGroup is Community Bank System's insurance agency subsidiary, with a team of over 200 advisors and specialists providing risk management services, business insurance, personal insurance, employee benefits and human capital consulting, as well as retirement plan consulting through its affiliated OneGroup Retirement Advisors, from eighteen offices located in New
- Community Bank System Acquires Fringe Benefits Design of Minnesota, Inc.Community Bank System, Inc. (NYSE:CBU) announced today that it acquired Fringe Benefits Design of Minnesota, Inc. ("FBD"), a provider of retirement plan administration and benefit consulting services with offices in Minnesota and South Dakota. FBD will become a subsidiary of Benefit Plans Administrative Services, Inc. ("BPAS"), a wholly-owned subsidiary of Community Bank System. BPAS, through its various subsidiaries provides daily valuation, actuarial and employee benefit consulting, cafeteria plan and institutional trust services on a national scale, from offices in Utica and Syracuse, NY, Pittsburgh and Philadelphia, PA, Houston, TX Boston, MA and Puerto Rico. The acquisition of FBD is