ITHACA — Tompkins Financial Corp. (NYSE Amex: TMP) closed its acquisition of VIST Financial Corp. (NASDAQ: VIST) of Wyomissing, Pa. on Wednesday.
Tompkins, based in Ithaca, now has $5 billion in total assets, $3.8 billion in deposits, $2.9 billion in loans, and 67 branches. VIST now operates as a Tompkins subsidiary with local leadership.
Tompkins’ other subsidiary banks include Tompkins Trust Co., The Bank of Castile, and Mahopac National Bank., which operate in the Central, Western, and Hudson Valley regions of New York. The company also owns insurance and wealth-management subsidiaries.
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Tompkins first announced the $86 million VIST deal earlier this year. VIST brought $1.4 billion in total assets, $1.2 billion in deposits, and $960 million in loans. It is parent of VIST Bank, VIST Insurance, and VIST Capital Management.
VIST Bank brought 21 branch offices in southeastern Pennsylvania, serving Berks, Montgomery, Philadelphia, Chester, Delaware, and Schuylkill counties.
For more on this story, see Friday’s issue of The Central New York Business Journal.
Contact Tampone at ktampone@cnybj.com
