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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
Lyons Bancorp declares dividends, share buyback plan
LYONS — Lyons Bancorp, Inc. (ticker: LYBC), the financial holding company of the Lyons National Bank (LNB), recently announced that its board of directors has declared a quarterly cash dividend of 43 cents per share on its common stock for the fourth quarter. The Lyons–based banking company will pay the dividend on Jan. 15, 2026,
Five Star Bank parent company completes $80 million subordinated debt offering
WARSAW, N.Y. — Financial Institutions, Inc. (NASDAQ: FISI), parent company of Five Star Bank, announced that it has recently completed a private placement of $80 million in aggregate principal amount of fixed-to-floating rate subordinated notes (maturing in 10 years) to qualified institutional buyers and accredited institutional investors. The notes have a maturity date of Dec.
New York manufacturing index ends 2025 in negative territory
Respondents to the monthly Empire State Manufacturing Survey indicated unexpected contraction in the manufacturing sector with the general-business conditions index plunging 23 points to -3.9 in December. This breaks a run of several strong months, as the index had climbed 8 points to 18.7 in November, its fourth positive reading in the past five months
Casullo appointed to M&T Bank Directors Advisory Council for CNY
SYRACUSE, N.Y. — M&T Bank recently announced it has appointed David Casullo, founder and CEO of Daneli Partners, to its Directors Advisory Council for Central New York. The 11-member council meets regularly to discuss business, customer, and community impact opportunities within Central New York and provides insights to support M&T’s ongoing efforts to develop locally
New York manufacturing index dives back into negative territory in December
The general-business conditions index of the Empire State Manufacturing Survey plunged 23 points to -3.9 in December. This breaks a run of several strong months,
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