Get our email updates
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
What's New
Upcoming Events
CNYBJ Job Board
Banks & Credit Unions
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
New York Fed’s Upstate New York Regional Advisory Board adds KPH Healthcare’s Hart as member
The Federal Reserve Bank of New York recently announced the appointment of Bridget-Ann Hart, CEO and president of KPH Healthcare Services, Inc., to its Upstate New York Regional Advisory Board (UNYRAB). The UNYRAB board includes leaders of large companies headquartered in upstate New York. It meets three times per year with New York Fed President
Generations Bank promotes Winn to senior VP
SENECA FALLS — Generations Bank announced it has promoted Kenneth Winn to senior VP and director of credit administration. Winn joined the organization as VP and director of credit administration earlier this year. He is a graduate of Columbia College and served in the United States Air Force. Winn works from the bank’s Seneca Falls
Tompkins Financial’s net income rises 14 percent in Q2
ITHACA — Tompkins Financial Corp. (NYSE: TMP) reported net income of $16.9 million in the second quarter, up 14 percent from $14.8 million in the year-ago quarter. The rise was led by loan growth and increases in net interest income. The Ithaca–based banking company posted net income of $32.6 million through the first six months of
Visions rolls out new Financial Resource Center on website
ENDWELL — Visions Federal Credit Union (FCU) announced that it has recently launched a new feature on its website that focuses on financial wellness. The new Financial Resource Center (www.visionsfcu.org/Financial-Resource-Center) seeks to “help members and the community at large make better financial choices,” the credit union said in a news release. The center is organized
Chemung Financial nearly doubles net income in Q2
ELMIRA — Chemung Financial Corp. (NASDAQ: CHMG) reported that its net income nearly doubled to $3 million, or 62 cents a share, in the second quarter, from $1.6 million, or 34 cents in the year-ago period. Chemung Financial, parent company of Chemung Canal Trust Company, said it continues to see “solid growth” in revenues, earnings,
Pathfinder Bancorp increases quarterly dividend
Pathfinder Bank, recently declared a quarterly cash dividend of 5.25 cents per share on its common stock for the fiscal quarter ending June 30. That’s
People news: Generations Bank promotes Winn
SENECA FALLS, N.Y. — Generations Bank announced it has promoted Kenneth Winn to senior VP and director of credit administration. Winn joined the organization as
Get our email updates
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.