Community Bank System completed the acquisition of Steuben Trust for $98m.

Community Bank System, a commercial bank serving customers in Upstate New York, completed the acquisition of Steuben Trust, a commercial bank serving consumers and businesses through offices located in Steuben and Allegany counties, for $98m. "We are pleased to welcome the shareholders, customers and employees of Steuben Trust to Community Bank. Over the past 118 years, Steuben Trust has developed a culture dedicated to exceptional customer service and meeting the banking needs of its communities. Community Bank shares these same values and looks forward to the opportunity to continue to serve Steuben’s customers," Mark E. Tryniski, Community Bank System President and CEO.