For the first time in its almost 140-year history, Canandaigua National Bank & Trust will have a physical branch presence in the Syracuse area with multiple locations anticipated to open starting in 2025. President and CEO Frank Hamlin, III, says he views this as the next exciting evolution for an organization that has made consistent and considerable growth throughout its history.
“This decision is the result of extensive research and thoughtful consideration by our leadership team,” said Hamlin. “It reflects the strength of our bank as a business, along with the steadfast work and commitments in the Syracuse area that are yielding promising growth from the designated national tech hub corridor that will connect Rochester, Syracuse, and Buffalo to the development of job training skills and housing.”
Individual locations will be announced as details are finalized, but the expectation is to add multiple branches over the next 1-3 years, with at least one anticipated to open in 2025. Along with retail banking services, Canandaigua National Bank & Trust will offer its entire fleet of financial services, including business banking, commercial lending, mortgage lending and loan origination, wealth management services, estate and trust services, and insurance.
Canandaigua National Bank & Trust has expanded its footprint substantially in the past 35 years. In 1989, the bank opened its first branch in Monroe County, eventually adding fifteen branches there by 2020. The Brockport branch (its location farthest to the west) was opened in 2020, followed by one in Geneva—its farthest location to the east—in 2021. The bank has been providing commercial loans to a growing list of customers in the Syracuse area in recent years, laying the groundwork for the eventual brick-and-mortar presence. Chief Retail Banking Officer Gwen Crawford believes that the company’s culture will translate seamlessly to the communities in and around the new branch locations.
“We are immensely proud that as we continue to grow, we remain an employer of choice—consistently rated as one of the top workplaces in the region,” Crawford said. “This company is rooted in the belief that exceptional customer service is only possible by listening to and valuing our employees, first and foremost.”
As branches draw nearer to opening, Canandaigua National Bank will hire to staff those locations, as well as to support other services and banking operations. For more information, visit the bank’s website.
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