Email News Updates

Banks & Credit Unions

KeyCorp to pay quarterly dividend of 18.5 cents a share in mid-March

KeyCorp (NYSE: KEY) — parent of KeyBank, the No. 2 bank ranked by deposit market share in the 16-county Central New York area — has declared a quarterly cash dividend of 18.5 cents per share of its common stock. Read More
The Summit Federal Credit Union to close Camillus branch in Township 5

CAMILLUS, N.Y. — The Summit Federal Credit Union’s (FCU) branch located at Township 5 in Camillus will close at the end of business on Saturday, May 1. Read More
People news: Generations Bank promotes Nancy Whyte to VP

SENECA FALLS, N.Y. — Generations Bank announced it has promoted Nancy Whyte to VP of employee relations and development officer. Read More
Kenefick named regional president of Chemung Canal Trust Company

ELMIRA, N.Y. — Chemung Financial Corp. (NASDAQ: CHMG) recently announced it has named Jeffrey P. Kenefick regional president of its main banking subsidiary, Chemung Canal Trust Company. Read More
SBA opens new round of PPP loan applications, starting with community financial institutions

The U.S. Small Business Administration (SBA), together with the U.S. Treasury Department, on Monday morning reopened the loan portal for the Paycheck Protection Program (PPP), the forgivable-loan initiative seeking to help small companies survive the COVID-19 pandemic’s economic dislocations. Read More
Pathfinder Bancorp to pay quarterly dividend on Feb. 5

OSWEGO — Pathfinder Bancorp, Inc. (NASDAQ: PBHC), holding company for Pathfinder Bank, recently declared a quarterly cash dividend of 6 cents per share on its common stock for the fiscal quarter ending Dec. 31. Read More
Chemung Canal Trust Company executive DiFabio retires

ELMIRA, N.Y. — Louis DiFabio, executive VP and business client services division manager at Chemung Financial Corporation retired on Dec. 31 after 33 years of service. Read More
M&T Bank elects Godridge and Seseri to board of directors

BUFFALO, N.Y. — M&T Bank Corp. (NYSE: MTB) announced it recently elected Leslie Godridge and Rudina Seseri to its board of directors. Read More
KeyCorp names Fiala head of corporate responsibility

KeyCorp (NYSE: KEY), parent of KeyBank, recently announced that it has appointed Eric Fiala as head of corporate responsibility. In this role, Fiala oversees the company’s community engagement; envir Read More

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Business Calendar

Virtual Onboarding Best Practices 1/26/2021 8:15 AM - 1/26/2021 10:00 AM Read More
Central New York Political Leadership Institute (CNY PLI) Information Session 1/26/2021 5:00 PM - 1/26/2021 6:00 PM Read More
BingBizCon 2020 1/28/2021 8:30 AM - 1/28/2021 3:30 PM Read More

Opinion

New Yorkers Need a Consistent Recovery Plan to Get the State Back on its Feet In the aftermath of COVID-19 lockdowns, New York’s economic-development and reopening plan has been confusing, inconsistent, and has disregarded objective data and legislative cooperation. In every co Read More
How to Reform the Social Security System With Social Security’s finances in the spotlight these days, especially since COVID-19 devastated the U.S. economy, there is no shortage of ideas for how to reform the Social Security System (SS) to r Read More
OPINION: New York Needs Leadership, Cooperation to Weather the Storm The New York Assembly recently reconvened to begin the 2021 legislative session. While the halls of the Capitol were dramatically different due to COVID restrictions, we begin our work with a sense of Read More

Business Mentors

How Younger Workers Can Mentor Older Ones & Move Companies Forward Mentoring usually refers to a manager, executive, or expert ienced employee guiding a younger person in the workplace, helping them acquire knowledge and new skills that foster professional growth. B Read More
How Health Care Can Embrace a Digital Transformation It desperately needs one The health-care industry would be better equipped to meet its many challenges if it were more willing to embrace a digital transformation it so desperately needs. Health-car Read More
Businesses were unwilling to change but now they can see 20/20 in 2021 Many business leaders say that change is a good thing, until it is hoisted upon them and they must decide to change or die. I’m a little tired of hearing the term “new normal,” but the economy, the w Read More

People on the Move

JOSEPH E. ROCCO, III Bowers & Company CPAs, PLLC has named JOSEPH E. ROCCO, III an audit partner in the Syracuse office of the firm. He graduated from Hartwick College with a bachelor’s degree in accounting, with a mi Read More
The Bonadio Group The Bonadio Group’s Syracuse office has promoted the following in-charge accountants to the role of senior accountant as of Jan. 1: LULU ZHANG, commercial team; BENJAMIN NOVAK, health care tax-exempt Read More
DANA NICOLETTI Pinckney Hugo Group has hired DANA NICOLETTI as an assistant account manager. Prior to joining Pinckney Hugo, she gained experience in marketing at American Food & Vending Corp. Nicoletti has a ba Read More