FISI Financial Institutions Inc.

Five Star Bank Names Timothy Perrotta Senior Vice President and Director of Human Resources

Five Star Bank Names Timothy Perrotta Senior Vice President and Director of Human Resources

WARSAW, N.Y., Aug. 05, 2020 (GLOBE NEWSWIRE) -- Five Star Bank (the “Bank”), subsidiary of Financial Institutions, Inc. (NASDAQ:FISI), announced today that Timothy Perrotta has been named Senior Vice President and Director of Human Resources. In this role, Perrotta assumes leadership of all Human Resources functions.

President and CEO Martin K. Birmingham said, “Tim effectively assumed additional HR management responsibilities earlier this year, and his proven leadership in carrying out those responsibilities, combined with his important contributions to the Company’s professional development and succession plans, demonstrate his readiness to lead our HR organization.”

Perrotta joined Five Star Bank in June 2018 as Manager of Total Rewards, leading the Bank’s compensation, benefits, human resources information system and payroll teams. He has also worked extensively with the Board’s Management Development & Compensation Committee. Prior to joining Five Star Bank, he was Compensation Administration Manager at Wegmans Food Market, Inc. where he provided company-wide leadership of compensation programs for 45,000 employees.

Perrotta is a graduate of Nazareth College and received his MBA in Finance and Competitive Strategy from the Simon Business School at the University of Rochester. He has been recognized as a Senior Certified Professional by the Society for Human Resources Management. His community involvement includes past service on the Board of Directors for Leadership Rochester and the Child Care Council of Rochester and he also served on the HR Advisory Committee supporting Mary Cariola Children’s Center.

Perrotta is based in Rochester at Five Star Bank’s Regional Administrative Center at Five Star Bank Plaza.

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 and on Twitter, Instagram and Facebook.

Five Star Bank, SDN Insurance Agency, 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. 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 650 individuals. Financial Institutions, Inc. stock is listed on the NASDAQ Global Select Market under the symbol FISI. Additional information is available at .

For additional information contact:

Shelly J. Doran

(585) 627-1362

A photo accompanying this announcement is available at

EN
05/08/2020

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Financial Institutions Inc.

 PRESS RELEASE

Financial Institutions, Inc. Announces First Quarter 2025 Results

Financial Institutions, Inc. Announces First Quarter 2025 Results WARSAW, N.Y., April 28, 2025 (GLOBE NEWSWIRE) -- Financial Institutions, Inc. (NASDAQ: FISI) (the "Company," "we" or "us"), parent company of Five Star Bank (the "Bank") and Courier Capital, LLC ("Courier Capital"), today reported financial and operational results for the first quarter ended March 31, 2025. The Company reported net income of $16.9 million in the first quarter of 2025, compared to a net loss of $82.8 million in the fourth quarter of 2024 and net income of $2.1 million in the first quarter of 2024. After pre...

 PRESS RELEASE

Financial Institutions, Inc. Schedules First Quarter 2025 Earnings Rel...

Financial Institutions, Inc. Schedules First Quarter 2025 Earnings Release and Conference Call WARSAW, N.Y., April 01, 2025 (GLOBE NEWSWIRE) -- Financial Institutions, Inc. (NASDAQ: FISI) (the “Company”), the parent company of Five Star Bank and Courier Capital, LLC, will release results for the first quarter ending March 31, 2025 after the market closes on April 28, 2025. Management will host an earnings conference call and audio webcast on April 29, 2025 at 8:30 a.m. Eastern Time. The call will be hosted by Martin K. Birmingham, President and Chief Executive Officer, and W. Jack Plants...

 PRESS RELEASE

Financial Institutions, Inc. Settles Auto Lending Litigation

Financial Institutions, Inc. Settles Auto Lending Litigation WARSAW, N.Y., March 10, 2025 (GLOBE NEWSWIRE) -- Financial Institutions, Inc. (NASDAQ: FISI) (the “Company”), parent company of Five Star Bank (the “Bank”), announced that it has settled civil litigation in connection with the Bank’s auto loan notification process. The legal action, which had been pending in Pennsylvania state court since 2017, related to language in repossession notices issued between 2011 and 2021 to defaulting borrowers. The Company executed a settlement agreement in connection with the class action lawsuit ...

 PRESS RELEASE

Five Star Bank Appoints Eric Marks Chief Consumer Banking Officer

Five Star Bank Appoints Eric Marks Chief Consumer Banking Officer Mr. Marks brings nearly 20 years of banking experience to the more than $6-billion-asset community bank serving Western and Central New York WARSAW, N.Y., March 06, 2025 (GLOBE NEWSWIRE) -- Financial Institutions, Inc. (NASDAQ: FISI), parent company of Five Star Bank (“Five Star” or the “Bank”) and Courier Capital, LLC, announced that Eric W. Marks has joined as Senior Vice President, Chief Consumer Banking Officer of the Bank. As Chief Consumer Banking Officer, Mr. Marks will have executive leadership and strategic over...

 PRESS RELEASE

Financial Institutions, Inc. Announces 3.3% Increase in Common Stock D...

Financial Institutions, Inc. Announces 3.3% Increase in Common Stock Dividend WARSAW, N.Y., Feb. 13, 2025 (GLOBE NEWSWIRE) -- Financial Institutions, Inc. (NASDAQ: FISI) (the “Company”), parent company of Five Star Bank and Courier Capital, LLC, announced that on February 12, 2025, its Board of Directors approved a quarterly cash dividend of $0.31 per outstanding common share, an increase of $0.01, or 3.3%, from the most recent quarter. “The increase in our quarterly cash dividend is reflective of both our Board’s ongoing commitment to building shareholder value and its confidence in the...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch