First Niagara Financial Group (NASDAQ: FNFG) had added 40 bankers throughout its footprint in the Northeast to focus on small business.
They started in February.
“We are excited about the team we have assembled,” First Niagara Retail Banking Director Scott Fisher said in a news release. “Their strong backgrounds and passion for small business will enhance First Niagara’s capacity in this area. We are poised to meet and exceed our customer and prospect needs.”
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The Importance of Relationship Banking for Small Business Success
Small business owners wear many hats. Each day can bring on new challenges requiring valuable time and focus – especially in the competitive economic environment we live in today. The
First Niagara, based in Buffalo, plans to close an acquisition of 195 HSBC branches in upstate New York, Westchester County, and Connecticut in May. The deal will make First Niagara a major player in the Syracuse, Utica, and Binghamton markets.
Once the HSBC deal is complete, the banking company will have nearly 430 branches, $30 billion in deposits, $38 billion in assets, and more than 6,000 employees in New York, Pennsylvania, Connecticut, and Massachusetts.
Contact Tampone at ktampone@cnybj.com
