Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
Community Bank Q1 profit, revenue rise on increased assets from Oneida Financial deal
DeWITT — Community Bank System, Inc. (NYSE: CBU) reported net income of $24.4 million in the first quarter, up 9.4 percent from $22.3 million in the year-ago quarter, as it benefitted from the assets it acquired in its $158.5 million acquisition of Oneida Financial Corp. Earnings per share at Community Bank rose to 55 cents […]
M&T appoints René Jones to expanded role, names CFO successor
M&T Bank Corp. (NYSE: MTB) announced that Vice Chairman René F. Jones has taken on new managerial responsibilities, effective May 2. In addition to continuing oversight of the bank’s Treasury function and Wilmington Trust division, he adds two new business lines — mortgage and consumer lending. “As our chief financial officer, René has helped guide
Tompkins Financial declares quarterly dividend of 44 cents a share
ITHACA, N.Y. — Tompkins Financial Corp. (NYSE: TMP) recently announced that its board of directors has approved payment of a quarterly cash dividend of 44
Three First Niagara directors to join KeyCorp board; acquisition expected to close in Q3
KeyCorp (NYSE: KEY) on Friday announced that three members of the First Niagara Financial Group (NASDAQ: FNFG) board will join its board of directors once

M&T announces expanded role for René Jones, names CFO successor
BUFFALO, N.Y. — M&T Bank Corp. (NYSE: MTB) announced today that Vice Chairman René F. Jones will take on new managerial responsibilities effective May 2.

Chemung Financial appoints Tully to board of directors
ELMIRA, N.Y. — Chemung Financial Corp. (NASDAQ: CHMG) announced that it has appointed Kevin B. Tully, of Saratoga Springs, to the boards of directors of

Shareholders vote to approve KeyCorp acquisition of First Niagara Financial Group
Shareholders of both companies on Wednesday voted to approve KeyCorp’s (NYSE: KEY) acquisition of First Niagara Financial Group (NASDAQ: FNFG). They approved the acquisition during

KeyBank to invest $16.5 billion in its markets to address acquisition concerns
CLEVELAND, Ohio — KeyBank has plans to invest $16.5 billion over the next five years in the communities it serves under its “national community-benefits plan.”
First Niagara awards SUNY Poly $25K grant for mentoring program
UTICA, N.Y. — SUNY Polytechnic Institute (SUNY Poly) will use a $25,000 grant from First Niagara Bank’s Mentoring Matters program for the work of its

Bankers Healthcare Group leases additional office space in Franklin Square fire station
SYRACUSE, N.Y. — Bankers Healthcare Group LLC (BHG), which has its financial headquarters at 201 Solar St. in Syracuse, is now leasing additional office space in
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.