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Wednesday, January 22, 2020

Steuben Trust expected to shutter local offices in purchase from Community Bank

Not long ago, Community Bank announced its acquisition of Steuben Trust. Today, word spread that some Steuben Trust branches would be closing, perhaps as soon as March. Steve Harriger, a public relations spokesperson for Steuben Trust in Hornell said that legal notices were published in The Spectator indicating the potential closure of branch offices in Alfred, Bolivar and Geneseo. Although that information has not been confirmed, numerous bank officials have confirmed the information. Community Bank announced in October 2019 that it purchased Steuben for $106 million.