It is with great enthusiasm that we announce exciting changes at HNP Capital! As we have continued to grow, we have sought ways to enhance the services we can provide to our clients. Several months ago, we began speaking to the management team at Five Star Bank. Our conversations centered on how HNP and Five Star might be able to work together to add value to our client relationships. Those conversations eventually evolved, and we are pleased to inform you that we have recently been acquired by Five Star’s holding company, Financial Institutions, Inc.
We believe that this strategic move comes at the right time and with the right partner for our organization, clients and employees. Partnering with Five Star was a natural fit and offers us the infrastructure support we know we will need. In addition, our overall approach to building relationships and serving the community are consistent with that of Five Star. Financial Institutions is a publicly traded financial holding company that provides diversified financial services through its subsidiaries Five Star Bank, Scott Danahy Naylon, and Courier Capital.