Financial Institutions, Inc. Announces Sale of the Assets of SDN Insurance Agency to NFP
WARSAW, N.Y., April 01, 2024 (GLOBE NEWSWIRE) — Financial Institutions, Inc. (NASDAQ:FISI) (the “Company,” “we” or “us”), a diversified financial services company and parent company of Five Star Bank (the “Bank”) and Courier Capital, LLC (“Courier Capital”), today announced and closed the sale of the assets of its wholly-owned subsidiary SDN Insurance Agency, LLC (“SDN”) to NFP Property & Casualty Services, Inc. (“NFP”), a subsidiary of NFP Corp. and leading property and casualty broker and benefits consultant. As part of the transaction, the SDN team joins NFP, including President William E. Gallagher.