Local Bank Ranked 7th Best in Forbes Magazine Listing of Best and Worst Banks in America

First Liberty Bank and Trust and its parent company Community Bank System, Inc., a registered bank holding company with over 160 customer facilities throughout Pennsylvania and Upstate New York, was ranked as the 7th best bank in Forbes magazine listing of the Best and Worst Banks in America.
“This recognition is a reflection of our disciplined operating model and the hard work and dedication our employees in serving the needs of all our customers,” said President Robert Matley.
According to the article, Forbes turned to researchers at SNL Financial. The Charlottesville, Va.-based firm looked at eight financial measures including return on average equity, net interest margin, non performing loans as a percentage of loans, non performing assets as percentage of assets, reserves as a percentage of non performing loans, two capital ratios (Tier 1 and risk-based) and leverage ratio.

First Liberty Bank and Trust offers banking services including savings and checking accounts, certificates of deposits, individual retirement accounts, cash management, loans, and online banking. It also offers financial services like asset management, estate planning, financial consulting, and trust services. The company operates as a subsidiary of Community Bank System, Inc. (CBU on the NYSE).

About Community Bank System, Inc.
Community Bank System, Inc. is a registered bank holding company based in Dewitt, NY (near Syracuse), with $5.3 billion in assets and approximately 160 customer facilities.  Its wholly-owned banking subsidiary operates as Community Bank, N.A. across Upstate New York, and as First Liberty Bank & Trust throughout Northeastern Pennsylvania.  Community Bank offers a full range of high-quality products and services for both individuals and businesses.  These include FDIC-insured checking and savings deposit products, a variety of personal and commercial loans, personal and employee benefit trust services, and a range of non-bank financial services including annuities, mutual funds and life insurance.  For further information please visit our websites at or