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Banks & Credit Unions

Midstate Mutual Insurance names two new board members

AUBURN — Midstate Mutual Insurance Company recently announced the appointment of Frances M. (Frank) Fetsko and Mark J. Modzeleski to the company’s board of directors. Fetsko has spent his career in the financial-services industry and recently retired from Tompkins Financial Corp., where he served as chief financial officer and chief operating officer. He currently serves

Five Star Bank

Five Star Bank parent company to pay Q2 dividend of 31 cents in early July

WARSAW, N.Y. — Financial Institutions, Inc. (NASDAQ: FISI), parent company of Five Star Bank, announced that its board of directors has recently approved a quarterly cash dividend of 31 cents per share of its common stock outstanding. Financial Institutions will pay the second-quarter dividend on July 2, to shareholders of record as of June 13.

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Tompkins Community Bank adds business development officer for Syracuse

SYRACUSE, N.Y. — Tompkins Community Bank announced it has expanded its retail banking team by hiring Paul Palladino as business development officer for Syracuse. Palladino is a 25-year veteran of the banking and finance industry. In his new role, he will work to cultivate relationships throughout the bank’s footprint and promote Tompkins through community involvement.

AmeriCU creates new position to support business members

ROME, N.Y. — AmeriCU Credit Union says it has created a new position to strengthen and expand its support of business members. Jay Singh will fill the new role of assistant vice president (AVP) of business services CUSO (Credit Union Service Organization). He brings more than 30 years of experience in the financial-services industry to

CenterState CEO appoints Fournier as new board chair

SYRACUSE, N.Y. — CenterState CEO, the region’s largest economic development and business leadership organization, has announced that its board of directors has elected KeyBank Central New York Market President Stephen Fournier as the organization’s new board chair. Fournier succeeds David Schneckenburger, president and CEO of Thompson & Johnson Equipment Co., Inc., who served as board

Community Bank formally opens new branch in Liverpool area

CLAY, N.Y. — Community Bank, N.A. opened its new branch in the Liverpool area on Thursday May 22, marking continued growth for the bank and its parent company, DeWitt–based Community Financial System, Inc. (NYSE: CBU). Located at 7379 Oswego Road (Route 57) in the Glen Crossing Plaza in the town of Clay, the new branch

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