NBT Bancorp

#4411

Rank

$1.39B

MarketCap US

US United States

Country

Summary
NBT Bancorp Inc., a financial holding company, provides commercial banking, retail banking, and wealth management services. Its deposit products include demand deposit, savings, negotiable order of withdrawal, money market deposit, and certificate of deposit accounts. The company's loan portfolio comprises commercial and industrial, commercial real estate, agricultural, and commercial construction loans; indirect and direct consumer, home equity, mortgages, business banking loans, and commercial loans; and residential real estate loans. It also provides trust and investment services; financial planning and life insurance services; and retirement plan consulting and recordkeeping services. In addition, the company offers insurance products comprising personal property and casualty, business liability, and commercial insurance, as well as other products and services through 24-hour online, mobile, and telephone channels that enable customers to check balances, make deposits, transfer funds, pay bills, access statements, apply for loans, and access various other products and services. As of December 31, 2021, it had 140 branches and 164 ATMs in New York, Pennsylvania, Vermont, Massachusetts, New Hampshire, Connecticut, and Maine. NBT Bancorp Inc. was founded in 1856 and is headquartered in Norwich, New York.

History

Founded in 1856, NBT Bank was first a state-chartered bank called the Bank of Norwich. On June 28, 1865, the bank received a national charter and changed its name to the National Bank of Norwich. In 1918, NBT Bank was one of the first national banks in New York State to apply for and receive trust powers under a Federal Reserve Act and established a Trust Department. In 1925, NBT Bank changed its name a second time to better reflect its expanded services. Over the years, the area served by NBT Bank expanded and in 1989 the bank changed its name for the third time to The National Bank and Trust Company without "of Norwich." In 1995, the bank changed its name for the fourth time to NBT Bank, N.A. At the same time, NBT Bank introduced its current logo featuring a blue star and red lettering.

In 2016, NBT Bank celebrated its 160th year in business and published an updated history of the bank to commemorate this milestone.


Mission
We are committed to creating value and delivering superior results while serving our customers, shareholders, and communities.

Vision
To be our customers' first-choice financial partner, delivering superior service, convenience and value.

Key Team

Mr. Joseph R. Stagliano (Exec. VP, Pres of Retail Community Banking & Chief Information Officer)

Ms. Sarah A. Halliday (Exec. VP & Pres of Commercial Banking)

Ms. Amy Wiles (Exec. VP and Chief Credit & Risk Officer)

Mr. Kenneth J. Entenmann C.F.A. (Sr. VP, Director of Wealth Management & Chief Investment Officer)

Mr. Martin Randolph Sparks (Exec. VP, Gen. Counsel & Corp. Sec.)

Ms. Florence R. Doller (Sr. VP & Director of Corp. Communications)

Ms. Catherine M. Scarlett (Chief of Staff & Chief Ethics Officer)


Recognition and Awards
NBT Bank has been awarded a “5 Star Superior” rating for financial strength from BauerFinancial, Inc., an independent bank monitoring firm, for 30 consecutive quarters.

References
NBT Bancorp
Leadership team

Mr. John H. Watt Jr. (Pres, CEO & Director)

Mr. Scott A. Kingsley CPA (Exec. VP & CFO)

Ms. Annette L. Burns (Sr. VP & Chief Accounting Officer)

Products/ Services
Association, Banking, Crowdfunding, Financial Services, Venture Capital
Number of Employees
1,000 - 20,000
Headquarters
Norwich, New York, United States
Established
1986
Company Registration
SEC CIK number: 0000790359
Net Income
100M - 500M
Revenue
500M - 1B
Traded as
NBTB
Social Media
Mon Feb 26 2024
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