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Tompkins Trust names Cayuga Venture Fund’s Tegan to board
ITHACA, N.Y. — Tompkins Trust Company announced it has named Jennifer Tegan, partner/owner of Cayuga Venture Fund, to its board of directors. Tegan is also
People news: M&T Bank promotes Weichert to team leader for commercial real estate
SYRACUSE, N.Y. — M&T Bank has appointed Lindsay M. Weichert as senior relationship manager and team leader for commercial real estate. She brings more than
NBT Bancorp elects new chairman, announces succession plan
NORWICH, N.Y. — The board of directors of NBT Bancorp Inc. (NASDAQ: NBTB) elected president and CEO Martin Dietrich as board chairman following Tuesday’s announced
People news: Tompkins Trust Company hires Peterson for marketing position
ITHACA, N.Y. — Tompkins Trust Company announced it has hired Abby Peterson for a position entitled, marketing communications business partner. Her job responsibilities include coordinating
Generations Bank to renovate Seneca Falls office in $1.2 million project
SENECA FALLS — Generations Bank plans to renovate its “flagship” branch office located at 19 Cayuga St. in Seneca Falls. The first phase of this two-phase project was slated to begin April 25, Generations Bank said in a news release. Geneva–based Mittiga Construction Co. is handling the $1.2 million project, Katie MacIntyre, assistant VP and
Visions FCU partners with Glen Wood Financial Group
ENDICOTT — Visions Federal Credit Union, headquartered in Endwell, recently announced a partnership with The Glen Wood Financial Group, Inc. in Binghamton, which is led by Glen Wood, president. Wood will provide Visions clients with financial advice. Visions contends that the synergies between these two LPL Financial broker-dealer platform groups will help the credit union
First Niagara CEO Crosby, two others named to KeyCorp board
Acquisition expected to close in Q3 KeyCorp (NYSE: KEY) on April 22 announced that three members of the First Niagara Financial Group (NASDAQ: FNFG) board will join its board of directors once the acquisition closes. The addition of the First Niagara directors is part of the acquisition agreement, according to a news release from KeyCorp.
Bank of America launches mortgage program geared to low- and moderate- income homebuyers
Bank of America (NYSE: BAC) has rolled out a new mortgage program that it contends provides low- and moderate-income homebuyers access to a “responsible lending product with counseling at affordable entry prices.” The Charlotte, North Carolina–based bank, the nation’s second largest, on Feb. 22 announced its “affordable loan solution” mortgage in partnership with Self-Help Ventures
M&T Bank credits changes for surge in its SBA-backed loans
SYRACUSE — M&T Bank is crediting several changes it made to its small-business lending model for the jump in its March loan-approval volume in the Syracuse district of the U.S. Small Business Administration (SBA). M&T Bank approved 49 SBA-backed loans in the agency’s (7a) program during March, which almost equaled the 51 such loans it
NBT profit rises nearly 4 percent in first quarter
NORWICH — NBT Bancorp Inc. (NASDAQ: NBTB) reported net income of $18.9 million, or 43 cents a share, in the first quarter, up 4 percent from $18.2 million, or 41 cents, in the year-ago quarter on the strength of loan and deposit growth. “Our first quarter 2016 results demonstrate our strong financial performance and sustained
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