We are excited to announce that ClearPoint Federal Bank & Trust has officially joined Community Financial System, Inc.

This partnership brings together two organizations that share a deep commitment to client service, fiduciary responsibility, and long-term relationships. As part of this next chapter, we will operate as ClearPoint Trust, with our new name and branding rolling out over the coming weeks.

While our name is evolving, what matters most remains unchanged: Clients will continue working with the same trusted professionals and receiving the same personalized service, expertise, and care they have always relied on.

By joining a larger and well-resourced organization, ClearPoint Trust gains expanded infrastructure, additional expertise, and long-term support that will help us continue growing and serving clients well into the future.

At the same time, our specialized experience in trust administration, recordkeeping, investment management, and compliance services for the funeral and cemetery industry strengthens Community Financial System’s ability to deliver even more comprehensive financial solutions nationwide.

Most importantly, this partnership is designed to benefit our clients. By combining ClearPoint’s specialized knowledge with Community Financial System’s scale and capabilities in banking, insurance, employee benefits, and wealth management, we are better positioned to provide thoughtful, coordinated solutions for increasingly complex financial and fiduciary needs.

We are grateful for your continued trust and look forward to serving you in this exciting new chapter.

ClearPoint announced that Community Bank, N.A., the wholly-owned banking subsidiary of Community Financial System, Inc. (NYSE: CBU) (“CFSI”) has entered into an agreement to acquire ClearPoint. CFSI expects the transaction to close in the second quarter of 2026.

“We are very excited about joining a company that is dedicated to growing ClearPoint and supports our mission. As part of CFSI, we will continue to build on our legacy of knowledge, experience and dedication. This transaction speaks to the value of the knowledge and commitment to the industry that our team has built over the last 28 years and provides a solid foundation for a successful future” stated Ashlee Theising, President and CEO.

For the full press release, click the link below.

PRESS RELEASE – ClearPoint Capturing National Headlines