Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
M&T Bank to issue chip-enabled debit cards to customers
M&T Bank announced it is adding microchip technology to all new debit cards, providing customers with “improved” security and fraud protection. The new debit cards
Oneida Savings Bank to cut 61 jobs in July after sale to Community Bank closes
ONEIDA — Oneida Savings Bank, a unit of Oneida Financial Corp. (NASDAQ: ONFC), will eliminate 61 back-office positions from its offices in Rome and Oneida between July 17 and July 30. The job cuts are a result of the impending acquisition of Oneida Financial by DeWitt–based Community Bank System, Inc. (NYSE: CBU), parent of
Solvay Bank makes American Banker’s Top 200 list
SOLVAY, N.Y. — American Banker — a publication and news organization focusing on the banking industry — has recognized Solvay Bank Corp. (OTC: SOBS) on
Pathfinder Q1 revenue rises 11 percent, but profit is flat
OSWEGO, N.Y. — Pathfinder Bancorp, Inc. (NASDAQ: PBHC), holding company of Pathfinder Bank, on Tuesday reported that its first-quarter revenue rose by $522,000, or 10.8
NBT banks on creating a knowledge portal
SYRACUSE — Test labs are usually associated with companies that create food, pharmaceutical, and high-tech products. It’s time to add banks to the list. NBT Bank has renovated a branch office on Marshall Street, adjacent to the Syracuse University campus and surrounded by a plethora of health-care providers. The 900-square-foot office serves as a
Berkshire Bank announces environmental business initiatives
Berkshire Hills Bancorp, Inc. (NYSE:BHLB), parent of Berkshire Bank, recently announced it has started a new initiative to become a more environmentally sustainable company. The program, called AMEB Green, is focused on boosting Berkshire’s social, environmental, and financial performance by engaging employees and customers in environmentally conscious behaviors, the banking company said in a
Tompkins Financial profit edges up 1 percent in Q1
ITHACA — Tompkins Financial Corp. (NYSE: TMP) recently reported that its net income inched up nearly 1 percent to $12.7 million in the first quarter from $12.6 million in the year-ago period. Earnings per share were unchanged at 84 cents. “We saw positive trends for business growth during the first quarter with loan and
Oneida Financial profit edges up in first quarter
ONEIDA, N.Y. — Oneida Financial Corp. (NASDAQ: ONFC), which is set to soon be acquired by Community Bank System, Inc. (NYSE: CBU), reported this week
Elmira Savings Bank’s net income dips 5 percent in 1st quarter
ELMIRA, N.Y. — Elmira Savings Bank (NASDAQ: ESBK) reported this week that its first-quarter net income fell nearly 5 percent to $1.01 million from $1.06
Tompkins Trust hires Bisaccio to lead expansion into Syracuse market
SYRACUSE, N.Y. — Ithaca–based Tompkins Trust Company announced it is expanding its financial-services offerings into the Syracuse market, and has hired an experienced commercial banker,
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.