Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
Governor nominates departing DFS leader for State Mortgage Agency
ALBANY — Gov. Andrew Cuomo announced on Jan. 29 that he is nominating Maria Vullo as a member of the State of New York Mortgage
Berkshire Bank’s parent company boosts quarterly dividend by 5%
The board of directors of Berkshire Hills Bancorp, Inc. (NYSE: BHLB), parent of Berkshire Bank, recently voted to increase its quarterly cash dividend by 1
Chemung Canal Trust completes closure of Oakdale Mall branch in Johnson City
JOHNSON CITY — Chemung Canal Trust Company on Jan. 18 completed the closure of its branch office inside the Oakdale Mall in Johnson City
Tioga State Bank’s Fisher nominated vice chairman of ICBA
SPENCER — Tioga State Bank announced that its president and CEO Robert M. Fisher was nominated for the national position of vice chairman for the
N.Y. credit-union memberships rose nearly 6% in the last year
Credit-union membership growth in New York state accelerated in 2018, according to a new report. Memberships at New York credit unions increased by 5.8 percent

Tompkins County Area Development hires Schwerin as new managing director of business services
as its new managing director of business services. Schwerin will be responsible for business retention, expansion, and attraction initiatives, offering direct incentives, and developing relationships

People news: Community Bank names Wood senior trust officer in Oneonta
ONEONTA, N.Y. — Community Bank N.A. announced it has promoted Paul F. Wood to VP, senior trust officer in Oneonta. In his new role, Wood

Tompkins Financial to pay quarterly dividend of 50 cents a share on Feb. 15
ITHACA, N.Y. — Tompkins Financial Corp. (NYSE: TMP) recently announced that its board of directors has approved payment of a regular quarterly cash dividend of

People news: Joyce joins Hancock Estabrook
SYRACUSE, N.Y. — Hancock Estabrook, LLP announced that Jillian C. Joyce has joined the Syracuse–based law firm as an associate in its elder law &

People news: Dermody, Burke & Brown hires Bellinger in New Hartford office
NEW HARTFORD, N.Y. — Dermody, Burke & Brown, CPAs, LLC announced it has recently hired Charlene Bellinger as an associate in its New Hartford office.