Canandaigua National Corporation (CNND)

Overview

Canandaigua National Corporation stands as a pivotal banking holding entity, anchoring The Canandaigua National Bank & Trust Company along with the Canandaigua National Trust Company of Florida. This formidable institution proffers a broad array of banking and financial services tailored to meet the needs of its clientele. With roots stretching back to 1887, it has established its headquarters in Canandaigua, New York, cementing its position as a stalwart financial ally. Catering to a diverse clientele base that spans individuals, corporations, and municipalities, it predominantly serves the regions of Ontario County and Monroe County in New York State.

Products and Services

• Checking, Savings, and Certificate of Deposit Accounts

Offers a variety of accounts to meet the needs of personal and business banking, each designed to help manage funds efficiently.

• Debit and Credit Cards

Provides a range of card options to facilitate purchases, payments, and financial transactions with ease and security.

• Commercial and Industrial Loans

Includes term loans and lines of credit for businesses to support working capital, business expansion, and equipment purchases.

• Commercial Real Estate Loans

Financing solutions for real estate purchases or refinancing, tailored for businesses of various sizes.

• One-to-Four-Family Residential Real Estate Loans

Offers loans for the construction, purchase, or refinancing of homes, providing flexible options for homeownership.

• Home Equity Lines of Credit and Second Mortgage Loans

Enables homeowners to utilize the equity in their homes for financing large purchases, consolidations, or major expenses.

• Indirect Loans

Provides financing through third parties for the purchase of various assets, facilitating easier acquisition of vehicles, boats, and more.

• Other Consumer Loans

Includes loans for automobiles, recreational vehicles, boats, aircraft, home improvements, and personal needs, offering diverse financing solutions.

• Investment Management, Trust, and Insurance Services

Comprehensive financial advisory and wealth management services, alongside trust and insurance solutions for asset protection and growth.

• Cash Management Services

A suite of services designed to optimize cash flow, manage liquidity, and streamline operations for businesses.

• Wire Transfers, and Online, Mobile, and Text Banking

Modern banking solutions that offer convenience, speed, and security, including digital banking services that keep clients connected to their finances.

• Bill Pay, Custodial, Payroll, Workplace Banking, and ATM Services

Extensive ancillary services that enhance the banking experience, making financial transactions seamless and efficient for all customers.