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The Evans Agency has named a new president, who joined the insurance agency through a merger last year. Aaron Whitehouse became president of the insurance agency, a subsidiary of Evans Bank, effective Sept. 1. Whitehouse was president of Richardson & Stout Insurance in Wellsville when the Evans Agency acquired that firm last year.

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M&T Bank has named Glenn Jackson as its new chief diversity officer. Jackson, 41, succeeds Carl Jordan, who is retiring after 32 years at M&T, including serving as chief diversity officer since early 2016. Jackson had served as chief operating officer and senior director of programs at Buffalo Promise Neighborhood, a school-based initiative, led by M&…

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Northwest Bancshares has agreed to buy the parent company of Union Community Bank for $85 million, bolstering Northwest's presence in Lancaster County, Pa. The deal for Donegal Financial Services Corp. will be 50 percent cash and 50 percent stock, and is expected to close in the first quarter of 2019. As of March 31, Donegal had total assets of $577 million and deposits…

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KeyBank Community Development Lending and Investment has provided $14.2 million in construction financing for the renovation of Riverview Manor and Piotr Stadnitski Gardens, off Sycamore Street in Buffalo. The two-building property consists of 210 one-bedroom units for seniors. Key said the project will be developed in partnership with Smith and Henzy Advisory Group, an…

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It turns out the best choice for Tompkins Bank of Castile's first branch in the Buffalo Niagara region was not a vacant branch. That might be surprising, given how many empty branches the region has, due to closings and mergers. But John McKenna, president and CEO of Tompkins Bank of Castile, said a professional office space in Amherst, the former home of Eye Care and V…

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M&T Bank will close a branch at 2180 Union Road in West Seneca on Aug. 7. M&T will continue to have an ATM at the location after the branch closes, said Julia Berchou, a bank spokeswoman. The branch will also have a "digital ambassador" at the branch until it closes to help customers with their online and mobile banking needs. Berchou said the closing is part…

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Bank on Buffalo is making plans for its first Niagara County location. The bank's Pennsylvania-based parent, CNB Bank, has requested permission from regulators to open a location that would be newly built at 676 72nd St. in the Town of Niagara. The site is just off Niagara Falls Boulevard, across from a shopping plaza containing a Target store and Tops supermarket. “…

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Evans Bank's parent company set a record for profits last year: $10.5 million. That was despite a one-time $2.1 million charge the Hamburg-based Evans Bancorp absorbed in the fourth quarter related to the federal tax overhaul. As a result, Evans had fourth-quarter profits of only $1 million, compared to $2.3 million a year ago. Evans president and CEO David J. Nasca …

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Lake Shore Bancorp finished the year with more than $500 million in assets for the first time in its history. The Dunkirk-based parent of Lake Shore Bank reported $519 million in assets at the end of 2017, compared to $489 million a year ago. Its fourth-quarter profits soared to $580,000, from $140,000 a year earlier. A big factor was the bank's $755,000 decrease in …

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Banks serving the Buffalo Niagara region are gearing up for another year of competition, and many of them appointed new leaders in the past year. Here is a look at some of them. M&T Bank Shelley C. Drake, Western New York region president With about 47 years of experience with M&T Bank, it's hard to top Drake for longevity at the bank. Even the late chairm…

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Five Star Bank plans to move residential mortgage operations employees to Amherst from a downtown location in late January. The Warsaw-based bank received the green light from a state regulator to open the office, at Sheridan Meadows Corporate Park. The group of 16 employees had been working from offices in back of Five Star's Fountain Plaza branch but had outgrown the …