• First Niagara Newsroom

  • Showing 21-40 of 173

    Date Posted Type Headline
    10/24/2014
     

    First Niagara Reports Third Quarter 2014 Results

    BUFFALO, N.Y., October 24, 2014 - First Niagara Financial Group, Inc. (NASDAQ:FNFG) today reported a third quarter net loss available to common shareholders of $665 million, equal to $1.90 per share. Results included a non-cash goodwill impairment charge of $800 million, as well as a pretax $45 million reserve to address a process issue related to certain customer deposit accounts. Excluding these charges, operating net income available to common shareholders was $63.3 million, or $0.18 per diluted share, compared to net income available to common shareholders of $71.6 million, or $0.20 per diluted share in the third quarter of 2013. ... more

    10/24/2014
     

    First Niagara Financial Group, Inc. Declares Quarterly Dividend

    Buffalo, N.Y., October 24, 2014 – First Niagara Financial Group, Inc. (NASDAQ: FNFG) today announced that the Company’s Board of Directors declared a quarterly dividend of eight cents ($0.08) per share on outstanding FNFG common stock. ... more

    10/23/2014
     

    First Niagara Financial Group to Reschedule Third Quarter Earnings Release Conference Call

    Buffalo, N.Y. – October 23, 2014 – First Niagara Financial Group, Inc. (NASDAQ: FNFG), today announced that it has rescheduled the timing of its October 24th third quarter earnings release conference call to 8:00 a.m. Eastern Time from 10:00 a.m. Eastern Time, during which President and Chief Executive Officer Gary M. Crosby and Chief Financial Officer Gregory W. Norwood will discuss the Company’s financial performance, followed by a question-and-answer session. ... more

    10/17/2014
     

    First Niagara Continues to Optimize Branch Network as Customer Banking Preferences Evolve

    BUFFALO, NY, October 17, 2014 – First Niagara Financial Group (Nasdaq: FNFG) today announced that the company will consolidate 17 branches and two off premise drive-thru locations across its four-state footprint in January 2015, as the company continues to evaluate its branch network. First Niagara has continued to invest in mobile and online banking technologies, which are now used by more than 200,000 and 500,000 of its customers, respectively. Following these changes, the company will continue to operate more than 390 branch locations across its four-state footprint. ... more

    10/16/2014
     

    First Niagara Announces Final $100,000 Grant Recipient for Buffalo Niagara Medical Campus Business Development Fund

    BUFFALO, N.Y., October 15, 2014 – First Niagara Financial Group, Inc. (NASDAQ: FNFG) today announced The Foundry in Buffalo is the final $100,000 grant recipient of $500,000 made available for start-up businesses and community redevelopment initiatives on or near the Buffalo Niagara Medical Campus (BNMC). ... more

    10/16/2014
     

    First Niagara Provides $34 Million Residential Development Loan at Quincy Adams "T" Stop

    BOSTON, Mass. – October 15, 2014 – First Niagara Financial Group (Nasdaq: FNFG) today announced it has arranged $34 million in financing to support the construction of a new multi-family development at Zero Penn Street in Quincy, MA. The development is a joint venture between Boston-based developer Cabot, Cabot, & Forbes and a multi-national investment firm, Boston Andes Capital, LLC. The development, which will feature 180 units, is being constructed opposite the Quincy-Adams MBTA station on the Burgin Parkway, with convenient access to Routes 3, I-93, and I-95. ... more

    10/16/2014
     

    First Niagara Benefits Consulting Establishes Benefits Exchange for Connecticut Market

    New Haven, Conn., October 16, 2014 – First Niagara Benefits Consulting (FNBC), a division of First Niagara Risk Management, Inc., has launched the First Niagara Benefits Exchange, a private health care exchange for Connecticut businesses. ... more

    10/10/2014
     

    First Niagara Financial Group to Announce Third Quarter Results on October 24, 2014

    Buffalo, N.Y. – October 10, 2014 – First Niagara Financial Group, Inc. (NASDAQ: FNFG), today announced that it will release third quarter results before the market opens on Friday, October 24, 2014. The Company will host a conference call at 10:00 a.m. Eastern Time, during which management will discuss the Company’s financial performance, followed by a question-and-answer session. ... more

    10/01/2014
     

    Approximately 39,000 Children to Benefit from First Niagara’s $1.0 Million in Mentoring Matters Grants Across New York, Pennsylvania, Connecticut and Massachusetts

    BUFFALO, N.Y., October 2, 2014 – The First Niagara Foundation today announced grants totaling $1.0 million to support non-profit youth mentoring programs and organizations across New York, Pennsylvania, Connecticut and Massachusetts through the regional bank’s Mentoring MattersSM program. ... more

    09/04/2014
     

    First Niagara to Combine Consumer Banking Businesses

    BUFFALO, N.Y., September 4, 2014 – First Niagara Financial Group (Nasdaq: FNFG) today announced plans to combine all of its consumer-facing businesses in order to more effectively serve its customers. Effective immediately, the company’s Retail Banking and Consumer Finance groups will be merged into one Consumer Financial Services team under the leadership of Mark Rendulic, Executive Vice President. ... more

    07/25/2014
     

    First Niagara Reports Second Quarter 2014 Results

    BUFFALO, N.Y., July 25, 2014 - First Niagara Financial Group, Inc. (NASDAQ:FNFG) today reported second quarter results, highlighted by continued balance sheet growth, consistent credit quality and sequential noninterest income growth. ... more

    07/23/2014
     

    First Niagara Announces Simple Checking

    BUFFALO, N.Y., July 23, 2014 – First Niagara Financial Group, Inc. (NASDAQ:FNFG) today introduced First Niagara Simple Checking. First Niagara Simple Checking is designed for customers who don’t want to worry about maintaining a minimum average balance or doing a certain number of transactions every month in order to avoid fees. ... more

    07/23/2014
     

    First Niagara Financial Group, Inc. Declares Quarterly Dividend

    Buffalo, N.Y., July 23, 2014 – First Niagara Financial Group, Inc. (NASDAQ: FNFG) today announced that the Company’s Board of Directors declared a quarterly dividend of eight cents ($0.08) per share on outstanding FNFG common stock. ... more

    07/14/2014
     

    First Niagara Expands Commercial Banking Team in Hudson Valley

    NYACK, N.Y. – July 14, 2014 – Tri-State Regional President for First Niagara Financial Group, Inc. Cathie A. Schaffer, announced today the addition of three commercial lenders to First Niagara’s middle market and business banking teams serving the Westchester, Connecticut, Hudson Valley, and metro New York markets. ... more

    07/10/2014
     

    First Niagara Financial Group to Announce Second Quarter Results on July 25, 2014

    Buffalo, N.Y. – July 10, 2014 – First Niagara Financial Group, Inc. (NASDAQ: FNFG), today announced that it will release second quarter results before the market opens on Friday, July 25, 2014. The Company will host a conference call at 10:00 a.m. Eastern Time, during which management will discuss the Company’s financial performance, followed by a question-and-answer session. ... more

    07/01/2014
     

    Former JPMorgan Chase Chief Information Officer Austin Adams Joins First Niagara’s Board of Directors

    The Board of Directors of First Niagara Financial Group, Inc. (NASDAQ:FNFG) announced that Austin A. Adams was appointed to serve as a director of the company and First Niagara Bank, N.A. ... more

    06/26/2014
     

    First Niagara Announces Paul Cronin as Sr. Managing Director of Capital Markets

    BUFFALO, N.Y. – June 26, 2014 - First Niagara Financial Group, Inc. (NASDAQ:FNFG) today announced the appointment of Paul Cronin as Senior Vice President, Senior Managing Director, Capital Markets. ... more

    06/06/2014
     

    First Niagara Finances Renovation of Silas Deane Professional Center

    New Haven, Conn. – May 28, 2014 – First Niagara Financial Group (Nasdaq: FNFG) today announced it has closed $4.85 million in permanent loan financing in support of award-winning renovations to an 89,000 square foot office building on the Silas Deane Highway in Wethersfield. The development, to be known as the Silas Deane Professional Center, is being managed by Diversified Unlimited LLC. ... more

    05/14/2014
     

    First Niagara Announces $500,000 Business Development Fund to Highlight Company’s $4.0 Million Investment in Buffalo Niagara Medical Campus

    BUFFALO, N.Y., May 14, 2014 – First Niagara President and CEO Gary Crosby today announced the bank is providing $500,000 in funding for start-up businesses and community redevelopment initiatives on or near the Buffalo Niagara Medical Campus (BNMC). First Niagara has committed $500,000, of which $400,000 has been designated to date. ... more

    05/08/2014
     

    First Niagara Investment Services’ Larry Orsini Recognized as a Top 20 Program Manager

    Buffalo, NY – May 8, 2014 –First Niagara Investment Services Managing Director Larry Orsini was recognized as a Top 20 Program Manager by Bank Investment Consultant (BIC), a leading financial services industry magazine. Only a select group of bank and credit union investment program managers were recipients of this prestigious recognition. The list recognizes the managers of the most productive bank and credit union-based advisors. The ranking is based upon five main factors, including average production per advisor, percentage growth of team assets from the previous year, percentage growth of team production from the previous year, the number of advisors under the manager’s direct supervision and the number of licensed branch employees under the supervision of the program manager. ... more

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