Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.

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 […]

Solvay Bank adds accounting professional to finance team
SOLVAY — Solvay Bank recently added Brandon Schultzkie to its finance team as a senior financial analyst. Schultzkie has extensive experience in financial analysis and accounting, the bank announced. He began his career at Brown & Brown Insurance as a financial internal auditor, later advancing to accounting leader. Schultzkie holds a bachelor’s degree in accounting

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.

Moody’s gives Syracuse A1 bond rating, stable outlook amid budget battle
SYRACUSE, N.Y. — Moody’s has given the City of Syracuse an A1 bond rating and a stable outlook for the 7th straight year, Syracuse Mayor

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

Syracuse man pleads guilty to stealing nearly $22K in pension checks sent to deceased mother
SYRACUSE, N.Y. — A Syracuse man recently pled guilty to stealing nearly $22,000 in pension payments sent to his deceased mother. New York State Comptroller

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

KeyCorp to pay Q2 2025 dividend in mid-June
KeyCorp (NYSE: KEY) — parent company of KeyBank, the No. 2 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 second quarter of this year. The dividend is payable on June 13, to
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.