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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,
Pyramid Management Group secures loans for Albany properties
SYRACUSE, N.Y. — The owner and operator of Destiny USA in Syracuse says it has secured a new five-year, $193 million CMBS (commercial mortgage-backed security)
KeyCorp pays 4th quarter 2025 dividend in mid-December
KeyCorp (NYSE: KEY) — parent company of KeyBank, the No. 3 bank ranked by deposit market share in the 16-county Central New York region — has declared a quarterly cash dividend of 20.5 cents per share of its common stock for the fourth quarter of this year. The dividend is payable on Dec. 15, to
Adirondack Bank moves Little Falls branch to new location
LITTLE FALLS, N.Y. — Adirondack Bank on Dec. 8 formally opened the doors to its new Little Falls branch at 699 E. Main St., located at the corner across from Eastern Park and the Little Falls Public Library. It replaces the bank’s previous Little Falls branch, located about one-third of a mile down the road
Community Bank appoints head of business banking credit and operations
ALBANY, N.Y. — Community Bank, N.A. announced it has hired Jeff Connolly as SVP, head of business banking credit & operations. Based in Albany, Connolly will lead Community Bank’s business-banking credit efforts. He will oversee the strategic direction and execution of credit-risk management and operational processes within the business banking division for the bank’s New
Small Business Saturday, Christmas & Crafts are set for the holiday weekend
With the holiday shopping season underway, the annual Small Business Saturday is set for this Saturday, Nov. 29, and Christmas & Crafts is scheduled Friday
Destiny USA owner secures loan funding for its Albany properties
SYRACUSE, N.Y. — Pyramid Management Group of Syracuse, which operates Destiny USA, on Monday said it has secured a new five-year, $193 million CMBS loan
Canton branch of North Country Savings Bank formally opens newly remodeled lobby
CANTON, N.Y. — The project to remodel the lobby of the Canton branch of North Country Savings Bank is now complete. Brian Coakley, president and
Gains in new orders, shipments propel N.Y. manufacturing index to highest mark in a year
Respondents to the monthly Empire State Manufacturing Survey indicated gains in both new orders and shipments, and the survey’s general-business conditions index rose 8 points to 18.7 in November. The reading represented its highest since November 2024, and the fourth positive index number in the past five months. The index had climbed 19 points to
Solvay Bank names branch manager for upcoming East Syracuse–area branch
DeWITT, N.Y. — Briana Fox will serve as AVP, branch manager for Solvay Bank’s upcoming East Syracuse–area location at the Wegmans plaza on James Street in the town of DeWitt. It will be the 10th branch for Solvay Bank, the oldest community bank established in Onondaga County, per the Nov. 6 announcement. Fox joined Solvay
Get our email updates
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