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Banks & Credit Unions

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Millennial, Gen Z consumers prefer digital, in-person banking combo

About 85 percent of Americans say they will use digital tools to conduct some or all financial transactions after the COVID-19 pandemic, according to a recently released survey report from KeyBank. However, Millennial and Gen Z consumers (which this study defined as those under age 35) prefer a combination of digital and in-person banking more often than

Community Bank System hires Karaivanov to oversee non-banking units

Investment-banking veteran was Community’s financial advisor DeWITT, N.Y. — Community Bank System, Inc. (NYSE: CBU) recently announced that it has hired an experienced investment banker who helped advise it on mergers and acquisitions (M&A). The DeWitt–based banking company said Dimitar Karaivanov will be joining as its new executive VP of financial services and corporate development,

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