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Title
Date
Jan 15, 2020
Ask the Experts January 25
Join Greg Pilato, Vice President, Retirement Consultant, and Jim Terwilliger, Senior Vice President, Senior Planning Advisor, from CNB Wealth Management to learn how the new Federal Secure Act will impact your IRA and 401(k) retirement plans. Listen to Ask the
Jan 15, 2020
Jan 02, 2020
Retirement Announcement and Leadership Transition in Commercial Services at CNB
Canandaigua National Bank & Trust (CNB) is honored to announce the retirement of Executive Vice President and Chief Lending Officer, Gary L. Babbitt and the appointment of Charlie J. Vita as his successor, effective January 1, 2020.
Jan 02, 2020
Dec 30, 2019
Lap Robes for Veterans

Lap Robes for Veterans is a nonprofit 501(c)3 organization who create and donate lap robes for veterans. The organization was founded by Nancy Vanapeldoorn, what started out as one lap robe at a time has grown to the production of

Dec 30, 2019
Dec 12, 2019
2020 Reddington Scholarship
The Reverend John A. Reddington Scholarship Fund was established under the Will of Reverend John A. Reddington to provide for Catholic education at any level and for college education (non-denominational) for residents of the Diocese of Rochester. A scholarship committee exists to review all applications and to select individuals to receive scholarship grants.
Dec 12, 2019
Nov 26, 2019
CNB Receives Rochester's Choice Awards
Canandaigua National Bank & Trust (CNB) was awarded Rochester’s Choice Gold Award for Best Mortgage Lender and Silver Award for Best Bank Trust Company. This is the 18th year for the Rochester’s Choice Awards which is hosted by the Democrat
Nov 26, 2019
Nov 25, 2019
CNB Partners with Verona Street Animal Society
Verona Street Animal Society and Canandaigua National Bank & Trust (CNB) have partnered to support the Holiday Wish List Drive program to Benefit Rochester Animal Services.
Nov 25, 2019
Nov 20, 2019
CNB Partners with Hillside Special Santas
Hillside Family of Agencies and Canandaigua National Bank & Trust (CNB) are teaming up again to support the Hillside Special Santa holiday giving program.Hillside Special Santa benefits thousands of youth and families served by Hillside Family of Agencies throughout western
Nov 20, 2019
Nov 13, 2019
A Tax Tune-Up for Your Non-Retirement Account
Retirement accounts such as an IRA, a 401(k), a 403(b) or a 457 plan are a tax-efficient group of investment vehicles, in as much as the taxation of all income and capital gains generated by these accounts is deferred until funds are actually withdrawn. At that point, and provided the individual is old enough to make withdrawals without penalty (generally after age 59 and a half), all distributions are taxed at the individual’s ordinary income tax rate. Income paid and capital gains realized in a non-retirement account, however, are taxed in the year the income is received, or the year in which the gains are realized. In light of these very different tax treatments, there are ways that investors, particularly those in higher marginal tax brackets, can minimize their year-end tax liability outside of their more traditional retirement accounts.
Nov 13, 2019
Nov 06, 2019
The Salvation Army and CNB Kick-Off Red Kettle Season
The Salvation Army of Canandaigua is once again partnering with Canandaigua National Bank & Trust (CNB) for its annual Red Kettle Christmas fund raising campaign and bell ringing, which begins Friday, November 29th.
Nov 06, 2019
Oct 31, 2019
CNB Announces Management for Upcoming Brockport Community Office
Canandaigua National Bank & Trust (CNB) has announced plans to open its 24th community branch office in Brockport, NY. The new office will be located near the intersection of Routes 19 & 31, in the Wegmans Plaza. This full service office will offer sit-down tellers and a complimentary coffee station stocked with local coffee company products. Michelle Hill, Assistant Vice President, former Manager of the Mendon Community Office, and Brockport resident, is assuming the role of Community Office Manager at the new location in Brockport.
Oct 31, 2019
Oct 24, 2019
Environmental Impact of the 2019 Fall Community Shred Days
Canandaigua National Bank & Trust (CNB) hosted a series of three (3) Community Shred Days at their Irondequoit, Brighton, and Manchester Shortsville Offices.CNB partnered with Eco Green Park, a Rochester based company, to securely collect, shred, and recycle all documents
Oct 24, 2019
Oct 21, 2019
CNB selected as 2019 Best of the Finger Lakes
Canandaigua National Bank and Trust (CNB) has been named 2019 Best of the Finger Lakes by readers of the Messenger Post Newspapers. CNB was recognized in two (2) categories Services, Bank I Credit Union as well as Wealth Management.
Oct 21, 2019
Oct 16, 2019
Quantifying the Need for a Business Line of Credit
Whether in good economic times or in bad, most businesses have the need for a short-term source of capital, particularly if they’re extending credit to their customers (i.e. giving them time to pay) or manufacturing a tangible product. This capital often comes in the form of a business line of credit, whereby a business can borrow money to purchase raw material inventory and carry other expenses associated with the production and sale of a finished good, only to pay it back a short time later, once a sale is made and the proceeds of the sale are actually collected. In the business vernacular, this is referred to as a business’s cash conversion cycle or, simply, how long it takes to convert one dollar invested in the business today into one dollar of cash revenue collected at some point in the future.
Oct 16, 2019
Oct 01, 2019
CNB Recognized as a MVP Workplace Well-Being Award Winner
Canandaigua National Bank & Trust (CNB) has been selected as a Gold Level Award winner by MVP Health Care for its inaugural class of honorees. The Workplace Well-Being Awards recognize companies and organizations that have demonstrated a strong commitment to improving the health and well-being of their employees through workplace wellness programs.
Oct 01, 2019
Sep 25, 2019
Rochester Business Journal Announces 2019 Forty Under 40 Honorees
Rochester Business Journal has selected Vince Yacuzzo, CPA, Executive Vice President and Chief Financial Officer, Canandaigua National Bank & Trust (CNB), as a 2019 Forty Under 40 honoree.
Sep 25, 2019
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