July

Compass FCU expects to open new Fulton branch this year

FULTON — Construction crews have started work on a new branch for Compass Federal Credit Union (FCU) in Fulton and are expected to finish before the end of 2019. Read More

Seneca Savings to open new branch in Bridgeport area of Sullivan this fall

SULLIVAN — Seneca Savings is planning to open a new branch office in the hamlet of Bridgeport in the town of Sullivan in Madison County. Read More

NBT Bank promotes Salati to assistant VP

ENDICOTT — NBT Bank announced that it has recently promoted Patricia Salati, its Endicott branch manager, to assistant vice president. Salati has more than 40 years of experience in the financial-ser Read More

KeyCorp boosts quarterly dividend by 9 percent

KeyCorp (NYSE: KEY) — parent of KeyBank, which ranks No. 2 in deposit market share in the 16-county Central New York region — has raised its quarterly dividend by 9 percent. Read More

Tompkins Financial profit declines in 2nd quarter

ITHACA — Tompkins Financial Corp. (NYSE: TMP) recently reported that its net income in the second quarter fell 12 percent to $19.4 million, or $1.27 per share, from $22.1 million, or $1.43 a share, in the year-ago period as a difficult interest-rate landscape squeezed its margins. Read More

A Tale of Many Economies

I’m an economist, so I naturally have a fascination with data, statistics, and what we can learn from them. But the reason I find economics so interesting isn’t the numbers or the charts — it’s how th Read More

What is a bank’s role in community financial literacy

Financial literacy is defined as possessing the financial expertise needed to make healthy financial choices. It’s a topic that is extremely important for all ages, but often can be overlooked. As a f Read More