WARSAW, NY, Feb. 22 2022 (GLOBE NEWSWIRE) — Five star bank (the “Bank”), a subsidiary of Financial Institutions, Inc. (NASDAQ:FISI), today announced the addition of a team of experienced commercial banking agents to launch a commercial platform in Baltimore and Washington , DC

John G. Mangan has been named senior vice president, director of commercial real estate and president of the Atlantic Center. He has over 15 years of commercial real estate experience in Baltimore and Washington, D.C., most recently serving as Senior Vice President and Team Leader for Commercial Real Estate and Facilities Management at Howard Bank . Mangan began his career as a corporate lawyer in Buffalo, New York, before joining M&T Bank, where he held progressive real estate and real estate roles for more than 20 years. commercial. He graduated from the University of Notre Dame and earned a Juris Doctorate and an MBA in Corporate Financial Management from the State University of New York – Buffalo.

Mangan will lead a team of three commercial real estate relationship managers with extensive commercial lending experience in the Baltimore and Washington, DC area. They join the Bank having recently held senior positions in commercial real estate at Howard Bank.

• Mark A. Cunningham joined Five Star Bank with significant experience in commercial real estate and portfolio relations. Previous roles were held at M&T Bank and Susquehanna Bank. Cunningham graduated from Towson State University.
• John M. Dezinno brings experience in all aspects of real estate financing, both commercial and residential. He previously held commercial real estate positions at M&T Bank and Susquehanna Bank in Baltimore and held an executive position with Bank of America’s Home Builders Division covering the New Brunswick area. England to Virginia. Dezinno is a graduate of the Catholic University of America.
• Thomas A. Mee is a seasoned commercial real estate professional with extensive experience in management, transaction and portfolio administration. Prior to his tenure at Howard Bank, he held commercial lending positions at Old Line Bank, Eagle Bank and Sequoia National Bank. Mee is a graduate of the University of Central Florida and the ABA Stonier Graduate School of Banking.

President and CEO Martin K. Birmingham said, “Five Star Bank is taking advantage of experienced and available talent to expand our commercial lending platform to the Baltimore and Washington, DC area. We are pleased to welcome John and his team to the Five Star organization and look forward to the successful launch of this commercial lending platform. Our strong track record of credit-disciplined loan growth, combined with well-defined risk and strategic frameworks guiding the evolution of our business, gives us confidence in the positive results expected from this expansion beyond our operational footprint. current.

“I have known John Mangan personally and professionally for over 30 years and we are excited to enter the Baltimore and Washington, DC market with his leadership and the support of his team,” added Kevin B. Quinn, Director of commercial banking services.

John G. Mangan said, “We are delighted to join Five Star Bank. It is a solid community bank with a well-established history of growth that is underpinned by a healthy and dynamic corporate culture. Consolidation within the Baltimore and Metro DC financial services industry has created an opening for a bank like Five Star to capitalize on significant opportunities where a community banking approach provides a competitive advantage. We look forward to supporting the Bank’s growth and making it an effective community partner that supports the positive outlook for our region.

Safe Harbor Statement

This press release may contain forward-looking statements as defined by Section 21E of the Securities Exchange Act of 1934, as amended, that involve significant risks and uncertainties. In this context, forward-looking statements often address our future business and financial performance and financial condition, and often contain words such as “expect”, “anticipate”, “intend”, “plan ”, “believe”, “seek”, “see”, “will”, “would”, “estimate”, “plan”, “target”, “preliminary” or “interval”. The statements contained herein are based on certain assumptions and analyzes by Financial Institutions, Inc. (the “Company”) and factors it deems appropriate in the circumstances. Actual results could differ materially from those contained or implied by these statements for a variety of reasons, including: the impact of the COVID-19 pandemic on the Company’s customers, business and results of operations as well as on the economy in its operational footprint and the United States; the Company’s ability to implement its strategic plan; if the Company incurs greater than expected credit losses; if the Company suffers breaches of its information systems or those of third parties; the attitudes and preferences of the Company’s customers; legal and regulatory proceedings and related matters, such as the action described in the Company’s reports filed with the Securities and Exchange Commission (“SEC”); the Company’s ability to successfully integrate and profitably operate Landmark Group, North Woods and other acquisitions; the competitive environment; fluctuations in the fair value of securities in the Company’s investment portfolio; changes in the regulatory environment and the Company’s compliance with regulatory requirements; changes in interest rates; and general economic and credit market conditions nationally and regionally. Accordingly, all forward-looking statements made herein are qualified by these cautionary statements and the cautionary note in the Company’s Annual Report on Form 10-K, its Quarterly Reports on Form 10-Q and other filings with of the SEC. Except as required by law, the Company assumes no obligation to revise these statements after the date of this press release.

About Five Star Bank

Five Star Bank is a $5 billion community bank offering a wide range of personal and business banking and lending services through a network of more than 45 locations in Western and Central New York. Five Star Bank has a dedicated team of approximately 560 employees who are committed to giving back through a variety of non-profit organizations and neighborhood charities.

Five Star Bank offers a wide range of insurance services to individuals and businesses through SDN Insurance Agency, LLC. In addition, the Bank offers personalized investment management, investment advisory and pension plan services to individuals, businesses, institutions, foundations and pension plans through Courier Capital, LLC and HNP Capital, LLC. Additional information about Five Star Bank is available at five-starbank.com and on Twitter, Instagram and Facebook.

Five Star Bank, SDN Insurance Agency, LLC, Courier Capital, LLC and HNP Capital, LLC are subsidiaries of Financial Institutions, Inc. (NASDAQ: FISI). Financial Institutions, Inc. shares are listed on the NASDAQ Global Select Market. Additional information is available at fiiwarsaw.com.

For more information, contact:
Shelly J. Doran
(585) 627-1362
[email protected]