Bay Street News

Five Star Bank Announces Changes in Executive Leadership

Focused on Enhancement of Customer Experience and Growth

WARSAW, N.Y., Nov. 16, 2018 (GLOBE NEWSWIRE) — Five Star Bank (the “Bank” or “Five Star”), subsidiary of Financial Institutions, Inc. (Nasdaq: FISI), today announced a reorganization in the executive leadership team to more effectively meet the needs of customers across all segments of its business in support of the Bank’s continued growth.

The reorganization also included the advancement of individuals in several departments, as the Bank remains focused on the development of future talent and increased diversity in leadership positions. Advancements announced today were:

President and Chief Executive Officer Martin K. Birmingham said, “Change and evolution are constant and necessary to excel and fulfill our commitment to our customers, our shareholders, our associates and the communities we serve. We have many talented individuals within Five Star, and giving them the chance to assume new or enhanced roles is critical for our success and an opportunity for them to continue their personal development. We believe that these leadership changes and the related reorganization will facilitate continued execution of our long-term strategic plan.”

About Five Star Bank and Financial Institutions, Inc.
Five Star Bank provides a wide range of consumer and commercial banking and lending services to individuals, municipalities, and businesses through a network of more than 50 offices throughout Western and Central New York State. Additional Five Star Bank information is available at www.five-starbank.com, on Twitter, and on Facebook.

Five Star Bank, Scott Danahy Naylon, LLC (“SDN”), Courier Capital, LLC (“Courier Capital”) and HNP Capital, LLC (“HNP Capital”) are subsidiaries of Financial Institutions, Inc. SDN provides a broad range of insurance services to personal and business clients across 45 states. Courier Capital and HNP Capital provide customized investment management, investment consulting and retirement plan services to individuals, businesses, institutions, foundations and retirement plans. Financial Institutions, Inc. and its subsidiaries employ approximately 700 individuals. Financial Institutions, Inc. stock is listed on the NASDAQ Global Select Market under the symbol FISI. Additional information is available at www.fiiwarsaw.com.

Contact:  Shelly J. Doran  (585) 627-1362 or sjdoran@five-starbank.com