October

Renovation project at Syracuse Fire Department Credit Union continues

SYRACUSE — The renovation project at the Syracuse Fire Department Federal Credit Union continues with the organization under the leadership of a new CEO. Read More

Brown & Brown Insurance boosts quarterly dividend by nearly 9 percent

Brown & Brown, Inc. (NYSE: BRO), the Florida–based parent of Syracuse–based Brown & Brown Empire State, recently announced that its board of directors has declared a regular quarterly cash div Read More

Summit FCU board of directors appoints new chair

ROCHESTER — The Summit Federal Credit Union (Summit FCU) says Chris Modesti has been appointed chair of its board of directors. Read More

SBA simplifies PPP loan-forgiveness application for borrowers of $50K or less

The U.S. Small Business Administration, in consultation with the Treasury Department, recently rolled out a simpler loan-forgiveness application for Paycheck Protection Program (PPP) loans of $50,000 Read More

Chemung Canal Trust expands lending operations into Buffalo market

ELMIRA — Chemung Canal Trust Company, a unit of Chemung Financial Corp. (NASDAQ: CHMG), announced on Oct. 21 that it will expand its lending operations to serve the City of Buffalo, as well as Erie an Read More

Community Banks Can Leverage Unique Benefits to Gain and Keep Customers

The Federal Reserve’s 2019 Small Business Credit Survey (https://www.fedsmallbusiness.org/survey/2019/report-on-employer-firms) shows that 79 percent of independent businesses that used small banks we Read More

Brooks-Rolling appointed to M&T Bank CNY Region Directors Advisory Council

SYRACUSE — M&T Bank announced it has appointed Me’Shae Brooks-Rolling to its Directors Advisory Council for the Central New York region. The 11-member council meets regularly throughout the year Read More