This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Tompkins Financial Expands Insurance Presence In Ithaca With Acquisition

Tompkins Financial Corporation (TMP–NYSE Amex) - Tompkins Financial Corporation has announced the acquisition of Olver & Associates Insurance, Inc. of Ithaca by Tompkins Insurance Agencies, Inc., effective June 1, 2011.

Of the acquisition, Tompkins Financial President and CEO Stephen S. Romaine said, “We are very pleased to have Olver & Associates join our team. This move brings more valued customers into the expanded Tompkins Financial family in central New York, so that we can continue to improve their experience and meet their needs through our comprehensive array of financial services.”

According to Tompkins Insurance President and CEO David S. Boyce, as part of the acquisition, owner Neil Olver will now serve as senior vice president and on the leadership team of Tompkins Insurance. He will continue to focus on new business, as well as managing current customer accounts. His wife, Lisa Olver, will continue in her role as commercial lines account manager. Olver’s additional three employees will be retained in the merger. They will continue to operate out of their current location, 414 East Upland Road, until a move to Tompkins’ 1051 Craft Road office, which is tentatively scheduled for August 1.

“Neil Olver brings a wealth of experience and a strong history in the Ithaca marketplace, with his more than 25 years in the industry,” said Boyce. “This is a fantastic addition to our team. I’m excited that this acquisition will not only further solidify our presence in Central NY, but it will also enhance our ability to grow our business in Ithaca with the addition of another proven talent to the organization.”

Olver has decades of experience, including working with insurance carriers as well as in agency capacities, before opening his own agency in 1998. He and his staff will complement the team of professional advisors at Tompkins, Boyce said.

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,098.45 +18.88 0.11%
S&P 500 2,003.37 +6.63 0.33%
NASDAQ 4,580.2710 +22.5760 0.50%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs