NBT Bank Is Top NY-Based Bank on Forbes 2022 List of World’s Best Banks

Rhea-AI Summary

NBT Bank has been recognized on the Forbes World’s Best Banks list, announced on April 13, 2022, as the highest-ranked bank in New York, Connecticut, and Vermont. This accolade places NBT among only 75 banks in the U.S. out of thousands worldwide. The ranking reflects customer satisfaction based on a survey of over 45,000 customers, focusing on factors such as recommendation rate, trust, digital services, and customer support. With assets of $12.1 billion as of March 31, 2022, NBT operates across seven states and is listed on the Nasdaq under the symbol NBTB.

Positive

• Listed among the Forbes World’s Best Banks, highlighting customer satisfaction.
• Ranked as the highest bank in New York, Connecticut, and Vermont.
• Demonstrates strong customer trust and satisfaction metrics.

Negative

• None.

NORWICH, N.Y., April 28, 2022 (GLOBE NEWSWIRE) -- NBT Bank has earned a spot on the Forbes World’s Best Banks list released on April 13, 2022, and is the highest ranked bank based in New York and the highest ranked bank in Connecticut and Vermont.

NBT is one of only 75 banks in the United States to be included on this list, out of the tens of thousands of financial institutions globally that are able to be considered for the recognition.

“We’re incredibly honored to have earned this powerful affirmation that NBT truly has the best team in community banking,” said NBT Bank President and CEO John H. Watt, Jr. “As a community bank, our customers are at the core of all we do and their satisfaction is the driver of our success.”

The rating is based on customer satisfaction. Forbes surveyed more than 45,000 customers around the globe for their opinions on their current and former banking relationships. The banks were rated on overall recommendation and satisfaction, as well as five subdimensions: trust, terms and conditions, digital services, customer services and financial advice.

About NBT Bank 
NBT Bank offers personal banking, business banking and wealth management services from locations in seven states, including New York, Pennsylvania, Vermont, Massachusetts, New Hampshire, Maine and Connecticut. The bank and its parent company, NBT Bancorp Inc., are headquartered in Norwich, NY. NBT Bancorp had assets of $12.1 billion as of March 31, 2022 and is traded on the Nasdaq Global Select Market under the symbol NBTB. More information about NBT is available online at www.nbtbank.com. Member FDIC.

Contact:
Florence Doller
SVP & Director of Corporate Communications
607.337.6118 | fdoller@nbtbank.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/4199b36c-b9cd-45b3-ba89-10123d5ebbb7

FAQ

What is NBT Bank's ranking on the Forbes World’s Best Banks list?

NBT Bank is the highest-ranked bank based in New York and also leads in Connecticut and Vermont.

How many banks were included in the Forbes World’s Best Banks list?

Only 75 banks in the United States made it to the Forbes World’s Best Banks list.

What factors contributed to NBT Bank's ranking in the Forbes list?

The ranking is based on customer satisfaction, including aspects like trust, digital services, and customer support.

What are the assets of NBT Bancorp as of March 31, 2022?

NBT Bancorp had assets of $12.1 billion as of March 31, 2022.

What is the stock symbol for NBT Bancorp?

NBT Bancorp is traded under the stock symbol NBTB on the Nasdaq.