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SYRACUSE, N.Y., September 18, 2015– The Boys & Girls Clubs of Syracuse is pleased to announce that it has been selected by First Niagara to receive a grant for $20,000 and what better way to celebrate than to hold an obstacle course for both the kids and bank leaders. The funding will help the organization continue its mission to inspire and enable all young people in the Syracuse area to realize their full potential as productive, responsible and caring citizens.
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First Niagara Provides $1.3 Million Loan for Purchase of Target Research Group
NYACK, NY (July 29, 2013) -- First Niagara Financial Group (Nasdaq:FNFG) announced today that it has completed a collateralized $1.3 million loan to the principals of Target Research Group, located in Airport Executive Park, Nanuet, N.Y., to purchase the company from Aries/MVL Group, a holding company for market research organizations. Founded in 1986, Target Research Group offers tactical and strategic market research services to business-to-business and business-to-consumer clients in consumer packaged goods, healthcare, financial services, legal, and a variety of other industries.
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.
First Niagara Provides $22.8 Million Loan for Construction of New WESTMED Medical Group Building
PURCHASE , NY (October 2013) -- First Niagara's Commercial Real Estate Group has announced closing on a $22.8 million construction loan for the development of a new 85,000-square-foot, state-of-the-art medical office building in Purchase, NY.
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.
First Niagara Provides $48 Million in Financing for Major Construction Loan for Albany Medical
ALBANY, N.Y. – March 11, 2015 - First Niagara Bank, N.A. has announced the closing of a $48 million construction loan to Albany Medical Center, 43 New Scotland Avenue, Albany. The loan will be used to finance a new 135,000 square foot medical office building as well as an adjacent parking garage. The project is a key element to the development of the Park South area.
First Niagara Provides Continued Support for Rockland Economic Development Corporation Small Business Center
NYACK, NY, March 25, 2014 – The First Niagara Foundation announced a $5,000 grant to the Rockland Economic Development Corporation (REDC) for its continued support of REDC’s Small Business Center (SBC), a free resource for small business owners, start-ups and entrepreneurs in Rockland County.
First Niagara Provides Financial Support for Community Services for the Developmentally Disabled
BUFFALO, N.Y., February 12, 2015 – The First Niagara Foundation and Community Services for the Developmentally Disabled are partnering to provide vocational and career readiness skills for people living with developmental disabilities in the City of Buffalo. The programs will help such individuals work to become productive, contributing members of the community.
First Niagara Provides Funding for Horizon Village Terrance House Improvements
BUFFALO, N.Y., February 12, 2015 – The First Niagara Foundation is providing a $10,000 grant to help Horizon Health Services construct a new withdrawal services waiting area at Horizon Village Terrace House. The facility’s current waiting area is too small to accommodate the volume of clients seeking substance abuse rehabilitation.
First Niagara Provides Funding for the Isaiah 61 Project
The First Niagara Foundation and the Isaiah 61 Project (a ministry of Global Outreach Mission, Inc.) are partnering to provide job training and housing rehabilitation services for residents in the City of Niagara Falls.
First Niagara Provides Land for New UB Medical School Project
The University at Buffalo and First Niagara Financial Group Inc. announced today that First Niagara has given to UB a parcel of land to be used in the construction of the university’s new School of Medicine and Biomedical Sciences on the Buffalo Niagara Medical Campus.
First Niagara Provides Update on HSBC Branch Acquisition
First Niagara Raises Thousands for Hospice Buffalo
First Niagara Financial Group, Inc. and Hospice Buffalo worked together to welcome Spring with the 27th annual Hospice Buffalo Spring Bouquet Sale.
First Niagara Receives Award of Excellence for Free ATM Campaign
First Niagara Receives Regulatory Approval from the OCC for HSBC Branch Acquisition
First Niagara Recognized for Historic Preservation in Central New York
SYRACUSE, N.Y., May 23, 2013 – First Niagara Financial Group, Inc. (NASDAQ:FNFG) was recognized by the Preservation Association of Central New York (PACNY) for its contributions and investments toward restoring the historic legacy of the Central New York region. The multi-state regional bank received PACNY’s Preservation Merit Award for its exceptional achievement in historic preservation.
First Niagara Regional President Robert Kane is Elected to Pennsylvania Bankers’ Association Board of Directors
PLYMOUTH MEETING, P.A. – February 27, 2015 - First Niagara Financial Group, Inc. (NASDAQ:FNFG) today announced that Eastern Pennsylvania Regional President Robert Kane has been elected to serve as an At-Large Representative on the Pennsylvania Bankers Association’s Board of Directors.
First Niagara Reports Earnings for Second Quarter 2012
First Niagara Reports First Quarter 2012 Operating Net Income per Share of $0.19
First Niagara Reports First Quarter 2014 Results
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.
First Niagara Reports First Quarter 2015 Results
BUFFALO, N.Y., April 24, 2015 - First Niagara Financial Group, Inc. (NASDAQ:FNFG) today reported GAAP net income available to common shareholders of $43.8 million, or $0.12 per diluted share for the first quarter of 2015, compared to $52.7 million, or $0.15 per diluted share, for the quarter ended March 31, 2014. Excluding certain non-operating restructuring items incurred during the first quarter of 2015, operating net income available to common shareholders was $54.7 million, or $0.15 per diluted share, compared to $61.0 million, or $0.17 per diluted share in the year-ago quarter.
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