Federal Reserve Board announces approval of application by Community Bank System, Inc.

The following press release was published by the Board of Governors of the Federal Reserve System on Nov. 18, 2015. It is reproduced in full below.

The Federal Reserve Board on Wednesday announced its approval of the application by Community Bank System, Inc., DeWitt, New York, to acquire Oneida Financial Corp., and thereby indirectly acquire Oneida Savings Bank, both of Oneida, New York, and State Bank of Chittenango, Chittenango, New York.

Attached is the Board's order relating to this action.

For media inquiries, call 202-452-2955.

Attachment (PDF) Board Votes

Source: Board of Governors of the Federal Reserve System