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Chemung Financial profit doubles in 2nd quarter
ELMIRA — Chemung Financial Corp. (NASDAQ: CHMG), parent company of Chemung Canal Trust Company, reported that its net income jumped to $5 million, or $1.02 per share, in the second quarter, from $2.5 million, or 52 cents a share, in the year-ago quarter. “We are very pleased to report another quarter of strong earnings for 2019. […]
Visions FCU to open new branch in Ithaca
ITHACA — Visions Federal Credit Union plans to open a new branch at 410 Elmira Road in Ithaca this winter. That’s according to a news release the credit union posted on its website on July 19. The Endwell–based Visions sees the upcoming location as a “new banking option” for the Ithaca community. The organization will
CFCU Community Credit Union opens Transformation Center on Ithaca Commons
ITHACA — CFCU Community Credit Union’s new “Transformation Center” on the Ithaca Commons is now up and running. CFCU also relocated its administrative offices to the same location in the Bank Tower building on the Ithaca Commons at 202 E. State St. in Ithaca. The new facility opened June 3. CFCU believes banking technology is
Greater Syracuse Business Development Corp. appoints new executive director
SYRACUSE, N.Y. — The Greater Syracuse Business Development Corporation (GSBDC) has a new executive director. Bob Ellis has been on the job since April when
Edward S. Barton Trust awards MVHS Waterville medical office $100K grant
WATERVILLE, N.Y. — The Edward S. Barton Trust has awarded the Mohawk Valley Health System (MVHS) Foundation a two year, $100,000 grant for renovations at
People news: Tompkins Trust Company hires Bauda
ITHACA, N.Y. — Tompkins Trust Company announced it has hired John Bauda as a VP and commercial banking relationship manager. Bauda brings 13 years of
NBT Bank taps Kavney as CNY regional executive
SYRACUSE, N.Y. — NBT Bank announced it has hired David Kavney as senior VP and Central New York regional executive. Kavney will be based in
People news: Pathfinder Bank names Betts manager of Lacona branch
LACONA, N.Y. — Pathfinder Bank announced it has appointed Ashley Betts as the new branch manager of its Lacona office. Betts was previously assistant branch
North Country pair arrested for credit-card fraud of $3,700
CARTHAGE, N.Y. — The New York State Police last Friday announced the arrest of Caitlyn R. Lockwood, age 29 and Taylor J. Ballou, age 28,
People news: Solvay Bank names Osmanovic branch manager of Clay office
CLAY, N.Y. — Solvay Bank announced it has appointed Nesib Osmanovic as assistant VP, branch manager of its location at 7421 Oswego Road in Clay.
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