Interest in in-person banking had already been declining in recent years and those in the industry expect the restrictions imposed by COVID-19 to shift more people to online banking services even after things go back to normal. They stress, however, ...

Tagged with: bank banking ESL ESL Federal Credit Union Five Star Bank M&T Bank Mary Birmingham

Banks might want to tweak Arby’s catch phrase. Instead of “We have the meats,” they could be spreading their message of calm in the face of  COVID-19-related economic downturn by saying “We have the money.”  While other companies were announcing ...

Tagged with: banking Canandaigua National Bank & Trust Co. ESL Federal Credit Union faheem masood Five Star Bank Frank Hamlin Martin Birmingham

Faheem Masood, president and CEO of ESL Federal Credit Union, has been named to the Federal Reserve Board’s Community Depository Institution Advisory Council. The national council provides input to the Federal Reserve Board on the economy, lending conditions and other ...

Tagged with: ESL Federal Credit Union faheem masood Federal Reserve Board Five Star Bank Martin Birmingham

Two locally owned bank corporations–Five Star Bank and Lyons National Bank–experienced record-breaking income in the final quarter of 2019. The two represent the seventh and eighth largest banks in the Rochester Metropolitan area by local deposits, though both have deposits ...

Tagged with: Five Star Bank Lyons National Bank Martin Birmingham Phillip McCann Robert Schick