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BUFFALO, N.Y., April 24, 2014 - First Niagara Financial Group, Inc. (NASDAQ:FNFG) today reported first quarter results, highlighted by continued balance sheet growth, consistent credit quality and stable core net interest margin.
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First Niagara Names John Kenefick, Senior Vice President, Central Underwriting Credit Manager
BUFFALO, N.Y. November 18, 2013 –First Niagara Financial Group, Inc. (NASDAQ: FNFG) announced today it has named John Kenefick, a 25-year financial services veteran, as Senior Vice President, Central Underwriting Credit Manager
First Niagara’s Building Renovation Shows Commitment to Niagara County and Efficiency Initiatives
BUFFALO, N.Y., November 7, 2013 – First Niagara Financial Group, Inc. (NASDAQ:FNFG) today announced the completion of the renovation and efficiency upgrades to its Administrative Center at 6950 S. Transit Road in Lockport, New York. The project covered over 66,000 thousand square feet of space, took a year to complete and improved the efficiency and utilization of the building by 30 percent. The project diverted more than 150 tons of debris from area landfills through recycling and reuse. One-third of the construction products used in the building contained recycled materials, and most of the materials used for the project were manufactured within a 500 mile radius.
First Niagara Bank Recognized for Consumer-Friendly Banking
BUFFALO, NY – November 21, 2013 - First Niagara Bank (NASDAQ: FNFG) has been recognized by personal finance website NerdWallet for its consumer-friendly products and services. First Niagara Bank was selected as a “best bank” for Online/Mobile Banking and Branch/ATM access
FIRST NIAGARA PROVIDES $13.3 MILLION TO FINANCE 88 LUXURY APARTMENTS IN SIMSBURY
NEW HAVEN, Conn. – December 4, 2013 – First Niagara Financial Group (Nasdaq: FNFG) today announced it has completed a $13.3 million dollar construction and permanent mortgage to Mill Commons LLC, of Farmington, CT. Mill Commons is a recently completed, 88-unit, award-winning luxury apartment community located in Simsbury, CT.
$20,000 Grant from First Niagara Foundation Supports Historic Hudson Valley’s Educational Programs
SLEEPY HOLLOW, NY (December 2013) – First Niagara Foundation is helping bring history to life for some 20,000 schoolchildren, many from underserved communities. Each year, thousands of children visit Historic Hudson Valley’s (HHV) National Historic Landmark sites to participate in hands-on, curriculum-based workshops. As the first corporate sponsor of these school programs, First Niagara today presented HHV with a $20,000 grant to help support education at Philipsburg Manor and Van Cortlandt Manor.
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 Names Gary M. Crosby to Serve as President and Chief Executive Officer
BUFFALO, N.Y., December 19, 2013 – First Niagara Financial Group, Inc. (NASDAQ: FNFG) today announced that its Board of Directors has appointed Gary M. Crosby as President and Chief Executive Officer, effective immediately. He also joins the company’s Board. Mr. Crosby, 60, has served as First Niagara’s interim President and CEO since March 2013.
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 Announces Changes to Executive Management Team
BUFFALO, N.Y., January 10, 2014 – First Niagara Financial Group (Nasdaq: FNFG) President and
Chief Executive Officer Gary M. Crosby today announced changes to his executive leadership team.
First Niagara Financial Group to Announce Fourth Quarter 2013 Results on Jan 24 2014
Buffalo, N.Y. – January 14, 2014 – First Niagara Financial Group, Inc. (NASDAQ: FNFG), today announced that it will release 2013 fourth quarter results before the market opens on Friday, January 24, 2014. The Company will host a conference call at 8:00 a.m. Eastern Time. In his initial investor call as President and Chief Executive Officer, Gary M. Crosby will discuss First Niagara’s strategic priorities under his leadership. Chief Financial Officer Gregory W. Norwood will also discuss the Company’s financial performance, which will be followed by a question-and-answer session.
First Niagara Enhances Small Business Offerings
BUFFALO, N.Y., January 23, 2014 – First Niagara Financial Group, Inc. (NASDAQ:FNFG) today introduced redesigned Small Business Lending products and services focused on the evolving needs of its small business customers.
First Niagara Finances $30 Million Construction Project at Edgewater Harbor
EDGEWATER, NJ (January 2014) – First Niagara's Commercial Real Estate Group has announced closing on a $30 million loan with National Resources for construction of a 100-unit luxury apartment building at Edgewater Harbor, a 24-acre mixed-use community located on the Hudson River waterfront in Edgewater, NJ. The loan will also finance construction of a parking garage that will service the site.
First Niagara Financial Group, Inc. Declares Quarterly Dividend
Buffalo, N.Y., January 28, 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.
FIRST NIAGARA LEADS $68 MILLION RESIDENTIAL DEVELOPMENT LOAN ON BROADWAY IN EVERETT, MA
BOSTON, Mass. – January 27, 2014 – First Niagara Financial Group (Nasdaq: FNFG) today announced it recently arranged $68 million in financing package to support the construction of a 328-unit multi-family development in Everett, MA, to be known as the Batch Yard. The development is a joint venture between Fairfield, CT-based, Post Road Residential Inc., and a CT-based institutional investor, and is being constructed at the site of the former Charleston Chew candy factory near the intersection of Broadway and the Revere Beach Parkway.
First Niagara Launches Next Generation of Mobile Banking Services
BUFFALO, N.Y., February 4, 2014 – First Niagara Financial Group, Inc. (NASDAQ:FNFG) announced today that it has launched new capabilities to its mobile banking application available for Smartphone users. The app, which is available on iPhone, Android and Blackberry, was initially released in January 2013. The bank now has more than 140,000 unique mobile banking users.
First Niagara Earns Honors in Greenwich Associates Annual Awards
BUFFALO, N.Y. , February 11, 2014 – First Niagara Financial Group, Inc. (NASDAQ:FNFG) racked up four national awards and several regional honors in the 2013 Greenwich Excellence Awards for Small Business and Middle Market Banking. Greenwich Associates, a Connecticut-based global consulting firm, surveyed representatives from nearly 13,500 national businesses with sales of $1.0 to $10.0 million. Company representatives cast their votes for high performers in 14 categories, ranging from website performance to accuracy of treasury operations and overall customer satisfaction.
First Niagara Financial Group, Inc. to Attend Sterne Agee Financial Institutions Investor Conference
Buffalo, N.Y. – February 12, 2014 - First Niagara Financial Group, Inc. (NASDAQ: FNFG) today announced that President and Chief Executive Officer Gary M. Crosby and Chief Financial Officer Gregory W. Norwood will be attending the Sterne Agee Financial Institutions Investor Conference on Thursday, February 13, 2014 at the Boca Raton Resort & Club in Boca Raton, FL. Mr. Crosby and Mr. Norwood will be available during the course of the day for one-on-one investor meetings.
FNFG Inc. to Attend Regional Bank Investor Conference
Buffalo, N.Y. – February 26, 2014 - First Niagara Financial Group, Inc. (NASDAQ: FNFG) today announced that President and Chief Executive Officer Gary M. Crosby will be presenting at the Keefe, Bruyette & Woods 2014 Regional Bank Investor Conference in Boston, MA on Thursday, February 27. Mr. Crosby’s presentation will be webcast live at approximately 9:30 AM ET, and can be accessed within the investor relations section on the company’s website at www.firstniagara.com. Mr. Crosby and Chief Financial Officer Mr. Gregory W. Norwood will be available during the course of the day for one-on-one investor meetings. The presentation will be archived for approximately 90 days following the event.
First Niagara Commercial Finance Continues Expansion of Asset Based Lending Team
DEDHAM, MA. February 27, 2014 – First Niagara Commercial Finance (FNCF), the asset-based lending arm of First Niagara Financial Group, Inc. (Nasdaq: FNFG), recently announced the addition of two senior-level underwriting professionals. Peter Drooff has joined FNCF as First Vice President and Director of Underwriting, and Rod Landis serves as Vice President of Underwriting reporting to Peter. Drooff and Landis are based out of FNCF headquarters in Dedham, Massachusetts and will work closely with the National Director of New Business Development Keith Broyles and his team to support business growth.
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