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Tompkins Financial Corporation is a community-focused financial services provider offering banking, insurance, and wealth management solutions.
Tompkins Financial Corporation, headquartered in Ithaca, New York, is a community-based financial services organization incorporated under the Bank Holding Company Act. It operates through its wholly-owned subsidiary, Tompkins Community Bank, which provides a wide range of services, including commercial and consumer banking, investment management, financial planning, and insurance services. The company primarily serves local markets in New York and Pennsylvania, targeting both individual and commercial clients through 56 banking offices, leveraging customer deposits to offer various types of loans and leases.
The company is structured around three main business segments: banking, insurance, and wealth management. Its banking operations focus on attracting deposits and using them to issue loans across various sectors, while Tompkins Insurance serves its markets through both shared offices with the bank and standalone locations. Wealth management services are delivered under the Tompkins Financial Advisors brand, emphasizing investment management and financial planning. Tompkins aims to grow through sustainable practices and potential acquisitions, enhancing its service offerings while ensuring personal and digital service delivery to meet evolving client needs.
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