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

AmeriCU Credit Union adds branches in Northern New York
ROME — AmeriCU Credit Union ended 2025 by adding new branches through a merger it first announced in September. Rome–based AmeriCU and Mountain Valley Federal Credit Union completed their merger on Dec. 1, 2025, AmeriCU announced on Jan. 5. The transaction brings together two nonprofit financial institutions into a “single, stronger” organization serving more than […]

Community Bank parent to pay Q1 dividend of 47 cents in April
DeWITT, N.Y. — Community Financial System, Inc. (NYSE: CBU) — parent company of Community Bank, N.A. — says it will pay a quarterly cash dividend

Fulton Savings Bank names Oswego Health CFO to its board
FULTON, N.Y. — The Fulton Savings Bank announced that it has elected Eric T. Campbell as a member of its board of trustees. Campbell is the executive VP of finance and chief financial officer (CFO) at Oswego Health, where he has worked since 2010. In that role, he has oversight of financial and regulatory reporting,

Community Bank to acquire Indiana bank, boosting wealth-management offerings
DeWITT, N.Y. — Community Financial System, Inc. (NYSE: CBU) on Thursday announced that its wholly owned banking subsidiary, Community Bank, N.A., has entered into an
New York manufacturing index climbs back into positive territory in January
The general-business conditions index of the Empire State Manufacturing Survey rose 11 points to 7.7 in January. The index fell 23 points to -3.9 in

Pathfinder to pay Q4 dividend of 10 cents in early February
OSWEGO, N.Y. — Pathfinder Bancorp, Inc. (NASDAQ: PBHC), the bank holding company of Pathfinder Bank, has declared a cash dividend of 10 cents per share of its common stock for the fourth quarter of 2025. The dividend is payable on Feb. 6 to all shareholders of record as of Jan. 16, according to a Dec.

Chemung Financial pays Q4 2025 dividend of 34 cents
ELMIRA, N.Y. — Chemung Financial Corporation (NASDAQ: CHMG), parent company of Chemung Canal Trust Company, recently paid investors a quarterly cash dividend of 34 cents per share for the fourth quarter. Common-stock shareholders of record as of the close of business on Dec. 19, received the payment on Jan. 2. At the banking company’s current

Northern New York federal credit union merges with AmeriCU
ROME, N.Y. — AmeriCU Credit Union and Mountain Valley Federal Credit Union completed their merger on Dec. 1, 2025, Rome–based AmeriCU announced Monday. The transaction brings together two nonprofit financial institutions into a “single, stronger” organization serving more than 200,000 members with $2.8 billion in assets and 25 locations across New York State, per the

Rochester credit union completes acquisition of Generations Bank
ROCHESTER, N.Y. — ESL Federal Credit Union (ESL) of Rochester says it has completed the acquisition of substantially all of the assets of Generations Bancorp

After inaugural event, INSPYRE Innovation Hub to host another fireside chat this spring
SYRACUSE, N.Y. — CenterState CEO’s INSPYRE Innovation Hub (the former Tech Garden) has plans to host another in a series of fireside chats following the Dec. 11 inaugural event. The next fireside chat is set for this spring, with more details to come, per the M&T Bank (NYSE: MTB) announcement. The speaker series is the
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.