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

KeyCorp to start buying back shares in 2nd half of year
KeyCorp (NYSE: KEY) in mid-March announced that its board of directors has authorized a share-repurchase program in which KeyCorp may buy back up to $1 billion worth of its common stock, in the open market or in privately negotiated transactions. KeyCorp — parent company of KeyBank, the No. 2 bank ranked by deposit market share […]

CenterState CEO announces Business of the Year Award winners at annual meeting
SYRACUSE, N.Y. — CenterState CEO used its annual meeting on Wednesday to announce its Business of the Year Award winners in front of an audience

Visions starts 5th year as naming sponsor for Binghamton arena
BINGHAMTON, N.Y. — Visions Federal Credit Union (Visions FCU) has begun its fifth year as naming sponsor of the Visions Veterans Memorial Arena in Binghamton. With support from Visions during the past four years, the credit union says the local venue has “overcome challenges brought by the pandemic and is now bustling with increased attendance

Visions FCU hires Killeen as VP/chief risk officer
ENDWELL, N.Y. — Visions Federal Credit Union (FCU) says it has recently hired Patrick Killeen as VP/chief risk officer. Visions describes Killeen as a “seasoned” risk executive with more than 32 years of experience in risk management, internal auditing, operations, and data analytics for financial institutions, per the credit union’s April 9 announcement. As chief

BPAS announces division leadership change
Benefit Plans Administration Services, Inc. (BPAS) recently announced a change in leadership as longtime president of its actuarial and pension services (APS) division Vincent Spina steps down from the role. Jason Disco will take on the position and continue to lead the APS division through what has been a period of growth. “I’ve stepped down

Former Pathfinder Bank financial advisor launches his own firm in Fulton
FULTON, N.Y. — After nearly 15 years of serving clients at Pathfinder Bank in its Investment Services Department, financial advisor Craig Fitzpatrick has started his own firm. Fitzpatrick Financial, a full-service investment firm, has opened for business at 201 S. Second St. (NY-481) in Fulton. “Starting Fitzpatrick Financial has been a dream of mine for

Community Financial System to pay Q2 dividend of 46 cents
DeWITT, N.Y. — Community Financial System, Inc. (NYSE: CBU) announced that it has declared a quarterly cash dividend of 46 cents per share on its common stock for the second quarter of this year. It will pay the dividend on July 10, to shareholders of record as of June 13. The payment yields about 3.5

The Summit starts two-year, $30,000 support of Sleep in Heavenly Peace
ROCHESTER, N.Y. — The Summit Federal Credit Union (The Summit) on March 20 announced a two-year, $30,000 commitment to Sleep in Heavenly Peace (SHP) chapters in Syracuse, Buffalo, and Rochester. The Summit will disperse $10,000 to each of the three SHP chapters over the next two years ($5,000 in 2025, $5,000 in 2026) to help

CFCU Community Credit Union rebrands to Beginnings Credit Union
LANSING, N.Y. — CFCU Community Credit Union, which is based in the Ithaca area, on April 21 announced it is rebranding to Beginnings Credit Union this summer. “Since 1953, we’ve served our members by connecting them with financial opportunities that unlock greater possibilities and bring our communities closer together,” Lisa Whitaker, president and CEO of

Berkshire Bank Foundation supports area nonprofits
Berkshire Bank Foundation, the philanthropic arm of Boston–based Berkshire Bank, says it contributed more than $400,000 in communities in five states through grants and other giving in the first quarter of the year. Several Central New York not-for-profit organizations — including the McMahon-Ryan Child Advocacy Center, SUNY Polytechnic Institute Foundation, and Waterville Food Pantry —
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