NBT Bancorp (NASDAQ:NBTB), Inc. is the bank holding company for NBT Bank, N.A., a regional financial institution founded in 1856 and headquartered in Norwich, New York. The company provides a comprehensive range of banking and financial services to individuals, small- and medium-sized businesses, municipalities, and nonprofit organizations. With more than 200 branches and loan production offices, NBT Bancorp serves communities across New York, Pennsylvania, Vermont, New Hampshire, Massachusetts, and Maryland, offering both in-branch and digital banking solutions.
The company’s core business activities include commercial and consumer lending, deposit products, treasury and cash management services, mortgage origination and servicing, and equipment finance. In addition, NBT Bancorp operates a dedicated wealth management division that offers trust and investment management, retirement planning, and brokerage services. Through its merchant services platform and online banking solutions, the company supports clients with electronic payment processing, remote deposit capture, and mobile banking tools designed to streamline day-to-day operations.
Over its more than 160-year history, NBT Bancorp has grown organically and through strategic acquisitions to strengthen its New England and Mid-Atlantic footprint. Notable transactions include the merger with Buffalo-based Bronx Savings Bank and acquisitions of MaineFirst Financial Group and Alliance Bank, which expanded the company’s presence in northern New York and western New England. Throughout its evolution, NBT Bancorp has maintained a focus on community banking, emphasizing local decision-making and personalized service.
Leadership at NBT Bancorp is headed by President and Chief Executive Officer William P. Drake, who has overseen the company’s growth initiatives and digital transformation strategy. The executive team, supported by an experienced board of directors, emphasizes sound risk management, customer-centric innovation, and community reinvestment. NBT Bancorp continues to pursue opportunities that align with its commitment to strengthening local economies and delivering long-term value to its shareholders and stakeholders.
