Saturday 4 February 2023
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Five Star Bank to Relocate Regional Headquarters Downtown

By Staff


logoFive Star Bank will be relocating its regional headquarters to the former HSBC building at 100 Chestnut St.

According to officials, the company plans to move 150 employees from its Pittsford branch to the downtown location by April, and then will hire an additional 20 to 30 employees over the next five years.

“We think there’s no stronger way for us to demonstrate support to the community,” Five Star President and CEO Martin Birmingham stated.

The bank’s downtown branch will be one of two new branches Five Star agreed to open in January, as part of a settlement with the state attorney general’s office, in response to accusations of racially discriminatory mortgage lending practices.

According to officials, the bank’s new location will be called”Five Star Plaza,” and the branch will include low-cost services for potentially low-income customers.

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