Citizens Bank names Le Moyne graduate president of its upstate New York region
SYRACUSE, N.Y. — Citizens Bank announced it has named J. Theodore Smith as president of its upstate New York region. Read More
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People news: Generations Bank promotes Maltman to VP, residential sales manager
GENEVA, N.Y. — Generations Bank announced it has promoted Bernyce Maltman to VP and residential sales manager. Read More
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Summit FCU taps COO as its next CEO
ROCHESTER, N.Y. — The Summit Federal Credit Union (FCU) announced it has chosen Laurie Baker as its next president and CEO, effective Feb. 1. Read More
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Chemung Financial pays dividend of 26 cents a share for last quarter
ELMIRA — Chemung Financial Corp. (NASDAQ: CHMG) recently announced that its board of directors has approved a quarterly cash dividend of 26 cents per share. The dividend was payable on Jan. 2, to com Read More
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Burruano named general counsel of Five Star Bank parent
WARSAW, N.Y. — Financial Institutions, Inc. (NASDAQ: FISI), parent company of Five Star Bank, announced that it has named Samuel J. Burruano, Jr. general counsel. Read More
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State Police looking for suspect in grand larceny at Syracuse–area stores
LAFAYETTE, N.Y. — State Police in LaFayette say they are investigating a grand larceny that happened on Friday, Dec. 13. Read More
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Five Star Bank parent to pay quarterly dividend of 25 cents a share in early January
WARSAW, N.Y. — Financial Institutions, Inc. (NASDAQ: FISI), parent of Five Star Bank, will pay a quarterly cash dividend of 25 cents a share per common share outstanding for the latest quarter. The b Read More
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State announces banking development district in Lewis County
New York’s banking development district program has made a designation in Lewis County. Read More
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Chemung Canal Trust chief risk officer set to retire in January
ELMIRA, N.Y. — Chemung Canal Trust Company announced that Karen R. Makowski, executive VP and chief risk officer, will be retiring on Jan. 2. Read More
Health Care & Education
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Utica National Foundation donates $1 million toward MVHS downtown Utica hospital project UTICA, N.Y. — The Utica National Group Foundation on Wednesday announced a $1 million grant to support the project to build a $480 million, 373-bed, 672,000-square-foot hospital in downtown Utica, which is currently under construction. Read More -
People news: Oswego Health appoints Tull as chief medical officer OSWEGO, N.Y. — Oswego Health announced it has appointed Dr. Duane Tull as chief medical officer, effective Jan. 1. Read More -
Consulting firm makes recommendations for MVHS campuses UTICA, N.Y. — The St. Elizabeth campus of the Mohawk Valley Health System (MVHS) in Utica has the “best potential redevelopment uses” that include small retail or office space, as well as housing. Read More
Construction, Design & Real Estate
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Funding for REDC competition, Downtown Revitalization Initiative included in state budget proposal ALBANY, N.Y. — The proposed New York State budget includes funding for a 10th round of the Regional Economic Development Council (REDC) competition and a fifth round of the Downtown Revitalization Initiative. Read More -
CenterState CEO report: 65 percent of area firms expect to boost hiring this year SYRACUSE, N.Y. — A new report from CenterState CEO finds almost two-thirds of nearly 200 contributors surveyed (65 percent) expect an increase in jobs and hiring in 2020, up 10 percent from last year’s projections. Read More -
Utica National Foundation donates $1 million toward MVHS downtown Utica hospital project UTICA, N.Y. — The Utica National Group Foundation on Wednesday announced a $1 million grant to support the project to build a $480 million, 373-bed, 672,000-square-foot hospital in downtown Utica, which is currently under construction. Read More
Manufacturing & Engineering
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CenterState CEO report: 65 percent of area firms expect to boost hiring this year SYRACUSE, N.Y. — A new report from CenterState CEO finds almost two-thirds of nearly 200 contributors surveyed (65 percent) expect an increase in jobs and hiring in 2020, up 10 percent from last year’s projections. Read More
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BAE Systems wins $7.7 million contract modification from Defense Department ENDICOTT, N.Y. — BAE Systems Controls Inc. in Endicott has been awarded a more than $7.7 million modification to a previous U.S. military contract agreement, according to a Department of Defense contact announcement issued on Tuesday. Read More -
Cornell University joins consortium to work for sustainable business supply chains ITHACA, N.Y. — Cornell University’s Atkinson Center for Sustainability has joined the Sustainability Consortium (TSC) as the school seeks to work for “greener” consumer products, supply chains, and commercial trade. Read More