Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.

Five Star Bank parent reports nearly 32 percent drop in Q2 net income
WARSAW, N.Y. — Financial Institutions, Inc. (NASDAQ: FISI), parent company of Five Star Bank, recently reported net income of more than $17.5 million in the

NBT Bank names commercial banking regional manager for CNY
SYRACUSE, N.Y. — NBT Bank has appointed Luke Fagan as commercial banking regional manager for the Central New York region. Fagan is based at NBT’s

New executive director appointed at Greater Syracuse Business Development Corp.
SYRACUSE, N.Y. — Brian Bund is the new executive director of the Greater Syracuse Business Development Corporation (GSBDC). In this role, Bund is the manager

First Source FCU breaks ground on new Herkimer branch
HERKIMER, N.Y. — First Source Federal Credit Union (FCU) announced it has started the groundwork for a new branch office in Herkimer, scheduled for completion

Butler Disposal employee killed on the job after car strikes him
GRANBY, N.Y. — An employee of Butler Disposal Systems, the largest trash hauler in Oswego County, was killed on the job Monday afternoon, Aug. 11,
Berkshire Bank parent company to merge with another Boston–based bank, change names
BOSTON — Berkshire Hills Bancorp, Inc. (NYSE: BHLB) — parent company of Berkshire Bank, which has a significant presence in the Mohawk Valley and Capital

Wanderers’ Rest Humane Association announces organizational changes
CANASTOTA, N.Y — Wanderers’ Rest Humane Association, an animal-protection organization based in Madison County, has announced the creation of a new shelter director position and

State Police arrest Cortland woman for allegedly stealing almost $900 from her retail employer
CORTLAND, N.Y. — The New York State Police announced on Monday, Aug. 4 that they arrested a Cortland woman last week for allegedly stealing nearly

Pathfinder Bancorp posts small Q2 profit as it sells nonperforming loans
OSWEGO, N.Y. — Pathfinder Bancorp, Inc. (NASDAQ: PBHC), the holding company for Pathfinder Bank, on Wednesday, July 30, reported net income of $31,000, or less

NBT Bancorp boosts quarterly dividend by nearly 9 percent
NORWICH, N.Y. — NBT Bancorp Inc. (NASDAQ: NBTB) announced on Monday that its board of directors has approved an increase of its quarterly cash dividend