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Buffalo, NY —February 5, 2015— First Niagara Financial Group, Inc. (NASDAQ:FNFG) now offers its MasterCard consumer credit and consumer debit cardholders access to Apple Pay, a new category of service that will transform mobile payments with an easy, secure and private way to pay. Apple Pay is easy to set up and users will continue to receive all the rewards and benefits offered by their First Niagara credit and debit cards.
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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.
First Niagara Teammates to Raise Breast Cancer Awareness Among The “Irreplaceable” Women in Their Lives
BUFFALO, N.Y., October 30, 2013 – As part of October Breast Cancer Awareness Month, First Niagara Financial Group, Inc. (NASDAQ:FNFG) designated October 30th as Project Irreplaceable Day for its 5,800 teammates, after learning of the important efforts of one of its employees to raise awareness about breast cancer.
First Niagara Teaches Financial Literacy to Refugee Youth
BUFFALO, N.Y., March 18, 2014 – The First Niagara Foundation and Jericho Road Community Health Center are partnering to provide afterschool program support for local refugee students and create education opportunities that will enrich their academic and social skills.
First Niagara Teaches Financial Literacy to Local Students
The First Niagara Foundation and Jericho Road Ministries are working together to help local students gain financial literacy through a round table discussion. The class will be held on Monday, May 6th at 3:30pm at the Hope Refugee FLY Afterschool Program at 301 14th Street on the West Side of Buffalo.
First Niagara Targets May 18th for Completion of HSBC Branch Acquisition
First Niagara Takes Local Kids Out to the Ball Game
The First Niagara Foundation and the Buffalo Bisons are teaming up to bring smiles to 100 children at the Boys & Girls Clubs of Buffalo by providing tickets to the Bisons’ game against the Columbus Clippers at Coca-Cola Field on July 25th (1:05 pm.)
First Niagara Tailoring Retail Banking Experience to Match Evolving Customer Preferences
BUFFALO, N.Y., January 8, 2014 – First Niagara Financial Group, Inc. (NASDAQ: FNFG) today announced steps that the company is taking to further tailor its retail banking staffing and in-branch experience to match evolving customer preferences. Across the financial services industry, in-branch traffic is declining as individuals opt for alternative delivery channels such as online and mobile banking. More than 140,000 users signed up for First Niagara’s mobile banking application in its first year, more than 40 percent of the company’s approximately one million customers are registered online banking users, and usage of telephone banking services and ATM networks continues to grow.
First Niagara Survey Shows More Upstate NY Business Leaders Optimistic Than Pessimistic About 2012 State Business Climate
First Niagara Supports Youth Mentoring Through Big Brothers Big Sisters
First Niagara and Big Brothers Big Sisters (BBBS) welcomed more than 250 “Littles” and their “Bigs” on Saturday to monkey around at the Philadelphia Zoo. The event kicked off the Bank’s 2013 Mentoring Matters initiative, through which First Niagara is committing $125,000 to support BBBS throughout Eastern Pennsylvania.
First Niagara Supports Niagara Falls Neighborhood Housing Services Inc.
BUFFALO, N.Y., August 1, 2013 – The First Niagara Foundation and Niagara Falls Neighborhood Housing Services, Inc. are partnering to provide educational support for first time home buyers in Niagara Falls.
First Niagara Supports Lackawanna Housing Development Corporation
The First Niagara Foundation and Lackawanna Housing Development Corporation are partnering to provide education and financial support for first time home buyers in Lackawanna.The program will help target a section of the community that the Lackawanna Housing Development Corporation has identified for redevelopment and revitalization. The free home ownership classes will offer education on financial planning for home purchases, credit issues, mortgage applications and foreclosure prevention. The First Niagara Foundation is providing a $10,000 grant to fund the program.
First Niagara Supports Community Missions of Niagara Frontier, Inc.
The First Niagara Foundation is providing financial support for Community Missions of Niagara Frontier, Inc. and their Community Soup Kitchen as they work to provide food for local families in need.
First Niagara Supports Black Rock-Riverside Neighborhood Housing Services
The First Niagara Foundation and Black Rock-Riverside Neighborhood Housing Services are partnering to build home ownership rates in target neighborhoods and help local families improve their money management skills.
First Niagara Successfully Completes Conversion of HSBC Branches
First Niagara Strengthens Presence in NY Metro Area with the Formation of New Tri-State Region
RegionIncludes Lower Hudson Valley, Fairfield County and Northern New Jersey
First Niagara Sells $3.1 Billion in Mortgage-Backed Securities and Pays-off Debt to Further Improve Balance Sheet Risk Profile
First Niagara Selected as Recipient of 2014 Corporate Supporter Award by Volunteers of America
ROCHESTER, N.Y., March 13, 2015 – Volunteers of America has selected First Niagara as a recipient of their 2014 Corporate Supporter Award in recognition of the work the two organizations have achieved together in providing support services and resources for the underserved in the Rochester community.
First Niagara Risk Management Promotes Kim McGillicuddy to Senior Vice President
BUFFALO, N.Y.- December 9, 2013 First Niagara Risk Management, Inc. (FNRM), the wholly owned insurance subsidiary of First Niagara Bank and its parent company, First Niagara Financial Group, Inc. (NASDAQ: FNFG), announced today the promotion of Kim McGillicuddy, CPCU to senior vice president. She serves as enterprise sales leader and is responsible for developing, leading, directing and managing the sales processes, functions and strategies.
First Niagara Risk Management Promotes Bill Hartz to Senior Vice President
BUFFALO, N.Y., - First Niagara Risk Management, Inc. (FNRM), the wholly owned insurance subsidiary of First Niagara Bank and its parent, First Niagara Financial Group, Inc. (NASDAQ:FNFG), announced today the promotion of Bill Hartz to senior vice president. He leads the company’s health and welfare practice.
“Bill’s experience and extensive industry knowledge are a tremendous combination,” said Kirk Jensen, managing director, FNRM.
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.
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