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Banks & Credit Unions
Generations Bank adds Gardner, Moriarty to board of directors
Gardner is former chairman of the Medina Savings and Loan board of directors. He has worked at The Barden & Robeson Corporation in Middleport, N.Y.
Five Star Bank announces executive leadership changes
WARSAW, N.Y. — Five Star Bank, a unit of Financial Institutions, Inc. (NASDAQ: FISI), has announced a reorganization in its executive leadership team, which it
New York manufacturing index rises a couple points in November
The Empire State Manufacturing Survey general business-conditions index edged up 2 points to 23.3 in November. The November reading, based on firms responding to the
Regulators approve Generations Bank’s application for commercial-bank subsidiary
SENECA FALLS, N.Y. — Federal and state regulators have approved Generations Bank’s application to form a limited purpose commercial bank. Both the Federal Deposit Insurance
Latest class completes SBA Emerging Leaders program
Back row from left to right: Steve Bulger, SBA region II administrator; Nicholas Mir, Snow Ridge Resort, LLC, Turin; Matt Notaro, Sun Environmental Corp., Clay;
People news: Pathfinder names Kjerstad commercial portfolio manager
OSWEGO, N.Y. — Pathfinder Bank announced it has promoted Mackenzie Kjerstad to commercial portfolio manager from commercial credit analyst. In her new role, she will
KeyBank hires Klein to oversee branches in eastern part of CNY
SYRACUSE, N.Y. — KeyBank announced it has hired Ron Klein as an area retail leader overseeing eastern area branches in the Central New York region
Generations Bank hires Gibbs as AVP, contact center manager
SENECA FALLS, N.Y. — Generations Bank has hired Lorraine Gibbs as assistant VP and contact center manager. She’ll be responsible for managing Generations’ newly renovated
Northern Credit Union converts to state charter
WATERTOWN — The New York State Department of Financial Services (DFS) has approved Northern Credit Union’s application to convert its charter to conduct business to a New York State charter, effective Oct. 18. Prior to the conversion, Northern Credit Union operated as Northern Federal Credit Union, the DFS said in an Oct. 1 news release.
SBA announces FY 2018 small-business loan data, top regional lenders
SYRACUSE — The U.S. Small Business Administration (SBA) on Oct. 11 released its fiscal year (FY) 2018 lending report, with 670 7(a) and 504 loan approvals valued at $177 million across the 34-county Syracuse district. “Small businesses in upstate New York are accessing the affordable capital they need to start and expand with SBA-backed loans,”
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