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Brie Carter

Brie Carter

GrafaTV Presenter & Finance Editor

TV presenter and finance editor at Grafa, with a Master’s in Commerce from UWA and diverse industry experience in finance, insurance, and media.

Articles by Brie Carter

Grafa

Community Financial to buy trust leader ClearPoint in $40M cash deal

Community Financial System (NYSE:CBU) moved to significantly bolster its wealth management business on Thursday, announcing an agreement to acquire ClearPoint Federal Bank & Trust for $40 million in cash.

The deal targets the niche but high-growth "death care" industry, where ClearPoint stands as a national leader in trust administration.

Read more: Community Financial to buy trust leader ClearPoint in $40M cash deal