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
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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
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Community Bank’s Q2 net income edges up 1 percent
Adjusted EPS beats analysts’ expectations DeWITT — Community Bank System, Inc. (NYSE: CBU) recently reported that its net income edged up 1 percent to $45 million in the second quarter from $44.6 mil Read More
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Tompkins Financial to pay dividend of 50 cents a share on Aug. 15
ITHACA — Tompkins Financial Corp. (NYSE: TMP) will pay a regular quarterly cash dividend of 50 cents a share on Aug. 15. It is payable to common shareholders of record on July 30. Read More
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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
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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
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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
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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
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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
Health Care & Education
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Bankers Healthcare Group breaks ground at site of upcoming financial HQ expansion SYRACUSE, N.Y. — Bankers Healthcare Group (BHG) on Friday broke ground on the construction project for its future new $35 million financial headquarters located on property at 300-324 Spencer St. Read More -
People news: Pineau joins Rome Medical Practice Obstetrics and Gynecology ROME, N.Y. — Dr. C. Nicole Pineau recently joined Rome Medical Practice’s obstetrics and gynecology practice, called All About Women, and located in the Beeches Office Complex at 7900 Turin Road. Read More -
MVHS starts assembling construction fencing around site of nearly $550 million downtown hospital UTICA, N.Y. — The Mohawk Valley Health System (MVHS) says crews on Thursday began putting together the construction fence that will surround the site of the planned MVHS hospital in downtown Utica. Read More
Construction, Design & Real Estate
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Bankers Healthcare Group breaks ground at site of upcoming financial HQ expansion SYRACUSE, N.Y. — Bankers Healthcare Group (BHG) on Friday broke ground on the construction project for its future new $35 million financial headquarters located on property at 300-324 Spencer St. Read More
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Cryomech starts construction of new $17 million plant in DeWitt DeWITT — Construction is underway on an expanded, $17 million plant for Cryomech at 6682 Moore Road in the town of DeWitt. Read More -
MVHS starts assembling construction fencing around site of nearly $550 million downtown hospital UTICA, N.Y. — The Mohawk Valley Health System (MVHS) says crews on Thursday began putting together the construction fence that will surround the site of the planned MVHS hospital in downtown Utica. Read More
Manufacturing & Engineering
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Partners for Education & Business holds 10th annual Manufacturing Careers Day SKANEATELES — Partners for Education and Business (PEB), an affiliate of the Manufacturers Association of Central New York (MACNY), held its 10th annual Manufacturing Careers Day on Oct. 4 at Hillrom in Skaneateles. Read More -
Cryomech starts construction of new $17 million plant in DeWitt DeWITT — Construction is underway on an expanded, $17 million plant for Cryomech at 6682 Moore Road in the town of DeWitt. Read More
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MVHS starts assembling construction fencing around site of nearly $550 million downtown hospital UTICA, N.Y. — The Mohawk Valley Health System (MVHS) says crews on Thursday began putting together the construction fence that will surround the site of the planned MVHS hospital in downtown Utica. Read More