---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-062598"
form_type: "8-K"
ticker: "CBU"
cik: "0000723188"
company_name: "COMMUNITY FINANCIAL SYSTEM, INC."
filed_at: "2024-05-16T23:59:59+00:00"
generated_at: "2026-06-01T22:07:16.523868+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# Community Bank System rebrands as Community Financial System; ticker CBU unchanged

## Summary
- Name change effective May 15, 2024; stock trades under new name on NYSE starting May 24.
- Company says new name reflects broader financial services model: banking, benefits, insurance, wealth management.
- Over 39% of revenue is fee income from non-banking units, double industry peers.
- Amended bylaws updated to comply with universal proxy rules and Delaware law.

## SEC filing metadata
- accession: 0001104659-24-062598
- form_type: 8-K
- ticker: CBU
- cik: 0000723188
- company_name: COMMUNITY FINANCIAL SYSTEM, INC.
- filed_at: 2024-05-16T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 5.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/723188/000110465924062598/0001104659-24-062598-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/723188/000110465924062598/tm2414533d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-062598
- JSON: https://secwatch.observer/filing/0001104659-24-062598.json
- Plain text: https://secwatch.observer/filing/0001104659-24-062598.txt

## Key facts
- Governance Changes
  COMMUNITY FINANCIAL SYSTEM, INC.: Amended and restated bylaws to reflect name change, update shareholder nomination procedures per universal proxy rules, modify shareholder list availability, and add emergency bylaw provision (effective 2024-05-15).
  - Change: bylaw amendment
  - Effective: 2024-05-15
  source text: the Board of Directors of the Company (the “Board”) amended and restated the Company’s Amended and Restated Bylaws, effective as of the filing of the Amended and Restated Certificate of Incorporation, to reflect the Name Change and make certain other updates.
  evidence_url: https://www.sec.gov/Archives/edgar/data/723188/000110465924062598/0001104659-24-062598-index.htm
- Governance Changes
  COMMUNITY FINANCIAL SYSTEM, INC.: Changed corporate name from Community Bank System, Inc. to Community Financial System, Inc. via Amended and Restated Certificate of Incorporation (effective 2024-05-15).
  - Change: charter amendment
  - Effective: 2024-05-15
  source text: On May 15, 2024, Community Bank System, Inc. (the “Company”) changed its corporate name to Community Financial System, Inc., pursuant to an Amended and Restated Certificate of Incorporation filed with the Delaware Secretary of State on May 15, 2024 (the “Name Change”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/723188/000110465924062598/0001104659-24-062598-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.