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People news: NBT Bank hires Aceto to manage Whitesboro office
WHITESBORO, N.Y. — NBT Bank announced it has hired Janine Aceto to manage its Whitesboro office with responsibility for branch banking and business-development activities. Aceto
Community Bank System raises dividend again
DeWITT, N.Y. — Community Bank System, Inc. (NYSE: CBU) announced that its board of directors has increased its quarterly dividend to 34 cents a share
Syracuse and upstate New York are among the markets that will benefit from a donation that the KeyBank Foundation has made to a business-assistance program. The organization has awarded a four-year, $24 million grant to the “KeyBank Business Boost & Build Program, powered by JumpStart.” On its website, Cleveland, Ohio–based JumpStart Inc. describes itself as
Solvay Bank to open a branch in Baldwinsville
BALDWINSVILLE, N.Y. — Solvay Bank has announced plans to open an office in the village of Baldwinsville. The new branch will be located at 197 Downer
M&T Bank appoints Korteling to CNY Region Directors Advisory Council
SYRACUSE, N.Y. — M&T Bank (NYSE: MTB) announced it has appointed Karyn Korteling to its Directors Advisory Council for the Central New York region. The
CLEVELAND, Ohio — The KeyBank Foundation announced it has awarded a four-year, $24 million grant to the “KeyBank Business Boost & Build Program, powered by
Fournier calls KeyBank conversion of First Niagara branches, customers “a success”
SYRACUSE — A year after completing the acquisition, KeyBank’s top regional official in Central New York says he “would characterize our conversion a success.” Cleveland, Ohio–based KeyCorp (NYSE: KEY) completed its acquisition of Buffalo–based First Niagara Financial Group on July 29, 2016. KeyCorp is the parent company of KeyBank, while First Niagara Financial Group was
DFS advises credit unions on use of temporary facilities
The New York State Department of financial Services (DFS) recently provided New York State-chartered credit unions with guidance on the use of temporary facilities. The facilities can include mobile service units, tents, booths, tables, or similar stations, Maria Vullo, financial services superintendent, said in a June 28 DFS news release. Credit unions seeking to establish temporary
NBT Bank posts profit increase in 2nd quarter
NORWICH — NBT Bancorp Inc. (NASDAQ: NBTB), parent company of NBT Bank, reported that its net income in the second quarter of this year rose to $21.4 million from $20.3 million in the first quarter, and from $19.9 million in the second quarter of 2016. NBT generated earnings per share of 49 cents in the latest
Solvay Bank makes list of top banks, obtains 5-star rating
SOLVAY— Solvay Bank recently announced that it has earned honors from two organizations that produce key banking industry rankings. American Banker Magazine recognized Solvay Bank (OTC: SOBS) on its annual list of the “Top 200 Publicly Traded Community Banks and Thrifts,” and BauerFinancial Inc. gave Solvay Bank its highest award, a 5-star rating. In American
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