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Tompkins Financial Corporation (symbol: TMP) is a New York State-based financial services holding company with over $5 billion in assets. The company operates through three main business segments: community banking, insurance, and wealth management. Founded over 175 years ago, Tompkins has been dedicated to helping clients achieve their financial goals by providing high-quality financial products and exceptional service.
Community Banking: Tompkins Financial Corporation is the parent company of four community banks: Tompkins Trust Company, Tompkins Bank of Castile, Tompkins Mahopac Bank, and Tompkins VIST Bank. Together, these banks operate 67 branches and offer a wide range of commercial and consumer banking services, including deposit products, loans, leasing, and more. The company reinvests deposits as loans to local families and businesses, supporting the communities where it operates.
Insurance: Through its insurance segment, Tompkins offers property and casualty insurance services, as well as employee benefit consulting. This segment provides clients with comprehensive insurance solutions tailored to meet their individual and business needs, ensuring they are well-protected against risks.
Wealth Management: Tompkins' wealth management segment includes trust and investment management, financial planning, and wealth management services. The company focuses on creating long-term value for clients by offering personalized financial strategies and investment solutions that align with their specific goals.
Committed to responsible growth and strong return on equity, Tompkins Financial Corporation has been recognized as one of the nation's best-performing financial companies by independent analysts. The company's strategy emphasizes sustainable growth, community involvement, and shareholder value creation. Tompkins continues to play a crucial role in supporting local organizations and contributing to the economic well-being of the communities it serves.
Tompkins Community Bank has named
This announcement represents a milestone in the bank's executive leadership, as it marks the first time three of the four market president roles are filled by women. Both leaders are expected to enhance client engagement and community relations while driving growth in their regions.
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