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First Niagara expands small business banking team

By Kevin Tampone


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.”

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.

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