• Community Financial System completed an all-cash acquisition of ClearPoint Federal Bank & Trust valued at USD 39 million, subject to adjustment.
• ClearPoint focuses on trust administration for the death care industry, with more than USD 1.5 billion of assets under management.
• The business will operate as ClearPoint Trust, a division of Community Bank, N.A., expanding Nottingham Financial Group’s wealth management offering.
• ClearPoint posted a 9.7% three-year revenue CAGR, supporting a push toward recurring fee income.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Community Financial System Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260601281854) on June 01, 2026, and is solely responsible for the information contained therein.