COMMUNITY FINANCIAL SYSTEM, INC. 8-K

What Happened

• On January 15, 2026, Community Financial System, Inc. (CBU) disclosed that its wholly‑owned subsidiary, Community Bank, N.A., entered into an Agreement and Plan of Merger to acquire ClearPoint Federal Bank & Trust (a federally chartered savings association). The company issued a supplemental investor presentation and a press release in connection with the announcement.

Key Details

• Date of disclosure: January 15, 2026 (Regulation FD disclosure and press release filed on Form 8‑K).
• Acquirer: Community Bank, N.A. (wholly owned by Community Financial System, Inc.).
• Target: ClearPoint Federal Bank & Trust (federally chartered savings association).
• Company filed an investor presentation (Exhibit 99.1) and press release (Exhibit 99.2) with the Form 8‑K; the filing itself does not disclose transaction financial terms or a closing date.

Why It Matters

• A merger could change the combined bank’s size, branch footprint and customer base, which may affect future revenue and scale for Community Financial System. Investors should review the attached presentation and press release for additional context and await future filings (e.g., definitive merger agreement details, financial terms, regulatory approvals) for material financial information.