Lets Talk Finances

Provoking Discussion on Personal Finance and Investing

TMP - Tompkins Financial Corporation ()

Overview

Company Summary


Tompkins Financial Corporation (TMP) is a financial holding company that provides a range of banking, insurance, and wealth management services. Headquartered in Ithaca, New York, Tompkins Financial operates through its subsidiaries, primarily Tompkins Trust Company, The Bank of Castile, and Tompkins Mahopac Bank.

The company's main business is banking, offering various services such as personal and business banking, commercial lending, mortgage lending, and investment management. Through its banking subsidiaries, Tompkins Financial serves individuals, businesses, municipalities, and organizations in communities across New York, including Western New York, Central New York, and the Hudson Valley.

Additionally, Tompkins Financial offers insurance services through Tompkins Insurance Agencies, Inc., providing personal and commercial insurance coverage to individuals and businesses. The insurance business segment includes property and casualty insurance, as well as employee benefits and group life insurance.

Tompkins Financial also encompasses wealth management services, provided through its subsidiary, Tompkins Financial Advisors. This division helps clients with financial planning, investment management, trust, and estate administration, and retirement planning. The wealth management services cater to individuals and families who require guidance and expertise in managing their assets and achieving their financial goals.

Overall, Tompkins Financial Corporation operates as a diversified financial services company, combining traditional banking with insurance and wealth management services to meet the needs of individuals, businesses, and organizations across its footprint in upstate New York.

Notes (see all)

News