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NBT Bank News

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NBT Bank Expands into Greene and Schoharie Counties

NORWICH, N.Y. (JANUARY 23, 2012) – NBT Bank expanded its footprint and customer base with the successful acquisition and conversion of three former Legacy Banks branches owned by Berkshire Bank in Greene County and customer relationships of one in Schoharie County.

At the close of business on Friday, January 20, 2012, NBT Bank acquired the Greene County branches in Greenville, Oak Hill and Windham. Following the acquisition, the branches underwent a systems conversion and opened their doors as offices of NBT Bank on Monday, January 23, 2012. NBT Bank also purchased the deposits and loans of the Middleburgh banking location owned by Berkshire Bank and those customers will now be served by NBT Bank of Middleburgh.

“We welcome this new group of employees and customers to NBT Bank,” said NBT Bank President and CEO Martin Dietrich. “The knowledgeable and dedicated team in place in these new NBT Bank offices will be an asset as we work together to deliver our unique brand of community banking to the people, organizations and businesses that call Greene and Schoharie County home.”

NBT Bank offers personal banking, asset management and business services through a network of 131 banking locations in four states. NBT Bank operates from 96 locations in upstate New York, northwestern Vermont and western Massachusetts. NBT’s Pennstar Bank division operates from 35 locations in northeastern Pennsylvania. NBT Bank and its parent company, NBT  Bancorp Inc., are headquartered in Norwich, N.Y. NBT Bancorp Inc. had assets of $5.5 billion as of September 30, 2011, and is traded on the NASDAQ Global Select Market under the symbol NBTB.