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How a Bank Can Help Your Business Succession Planning
Whether you’re getting ready for retirement, just starting out in the leadership of your business, or are considering an ownership role in your future career, the best thing you can do to prepare yourself and your current or future business for success is to build a relationship with a commercial banker. Two of the most […]
NBT Bank’s Q3 net income rises more than 30 percent
NORWICH — NBT Bancorp Inc. (NASDAQ: NBTB), parent of NBT Bank, recently reported that its net income rose more than 30 percent in the third quarter to a record $29.8 million, or 68 cents a share from $22.9 million, or 52 cents, in the year-ago period. Growth in deposits, loans, and fee-based income, as well
Community Bank’s third-quarter profit up 22 percent
DeWITT — Community Bank System, Inc. (NYSE: CBU) reported third quarter net income of $43.1 million, or 83 cents a share, up 22 percent from $35.2 million, or 68 cents, in the year-earlier period. Higher net interest income, increased noninterest revenue, and a lower effective tax rate led the growth, offset partly by higher operating
Pathfinder Bancorp to pay Q3 dividend in early November
OSWEGO — Pathfinder Bancorp, Inc. (NASDAQ: PBHC), holding company for Pathfinder Bank, recently declared a quarterly cash dividend of 6 cents per share on its common stock for the fiscal quarter ending Sept. 30. The dividend will be payable to all Pathfinder shareholders of record on Oct. 19 and will be paid on Nov. 9,
Pathfinder Bank names Cavallaro branch manager for upcoming Clay office
CLAY, N.Y. — Pathfinder Bank announced it has hired David Cavallaro as the branch manager for its new Clay office, which is slated to open
People news: Solvay Bank names Cavallaro Baldwinsville branch manager
BALDWINSVILLE, N.Y. — Solvay Bank announced it has appointed Amber Cavallaro as the branch manager of its Baldwinsville office. She was previously assistant branch manager
Five Star Bank names Miller CNY commercial market executive
AUBURN, N.Y. — Five Star Bank, a unit of Financial Institutions, Inc. (NASDAQ: FISI), on Thursday announced it has hired Alison K. Miller as senior
People news: Tioga State Bank names Walsh to board
SPENCER, N.Y. — Tioga State Bank announced that Wendy Walsh, district manager of the Tioga County Soil and Water Conservation District, has joined the bank’s
MVHS secures financing for downtown Utica hospital project
UTICA, N.Y. — Mohawk Valley Health System (MVHS) announced it has secured a loan to help fund its estimated $480 million project to build a
Community Bank promotes Matters to branch manager
ONEIDA, N.Y. — Community Bank N.A. announced it has promoted Wendy Matters to branch manager of its office at 585 Main St. in Oneida. She
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