Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
Gillibrand urges USDA not to close 250 offices, including some in New York
U.S. Senator Kirsten Gillibrand (D–N.Y.) today urged the U.S. Department of Agriculture (USDA) not to close 250 offices nationwide, including up to 10 offices in
Elmira Savings Bank to pay cash dividend of 23 cents a share
ELMIRA — The Elmira Savings Bank (NASDAQ: ESBK) board of directors has declared a quarterly cash dividend of 23 cents per share on its common shares outstanding. The company will pay the dividend on March 28 to shareholders of record March 13. It’s the same cash-dividend amount the banking company paid in December. However, Elmira
Chemung Financial declares quarterly dividend of 26 cents
ELMIRA — Chemung Financial Corp. (NASDAQ: CHMG) announced that its board of directors has approved a quarterly cash dividend of 26 cents a share. The
Bank of Cooperstown to open new branch in Oneonta this year
ONEONTA — The Bank of Cooperstown recently announced that it plans to open a new full-service branch office on Main Street in Oneonta in mid-2014. “This expansion is a testament to the hard work that Scott White [president of the Bank of Cooperstown] and his bank team have done,” Mike Briggs, president and CEO of
Community Bank to pay quarterly dividend of 28 cents
DeWITT — Community Bank System, Inc. (NYSE: CBU) has declared a quarterly cash dividend of 28 cents per share on its common stock. The dividend
Community Bank to build branch in DeWitt
DeWITT — Community Bank System, Inc. (NYSE: CBU) today announced plans to build a 4,600-square-foot branch office in the town of DeWitt. The company’s banking
Tioga State Bank: 150 years of navigating a community bank
How do you mark your 150th birthday? If you are Tioga State Bank (TSB), you celebrate for an entire year, starting with a ribbon-cutting, press conference, and gift of $20,000 to local food banks. The kick-off event took place Jan. 28 at the bank’s headquarters in Spencer. During 2014, TSB will promote a travelling display
Peoples Financial Services announces stock-repurchase plan
Peoples Financial Services Corp. (Ticker: PFIS), parent of Peoples Security Bank and Trust Co., recently announced that its board has authorized a plan to buy
First Niagara to close Syracuse mortgage-processing office, cutting 14 jobs
SYRACUSE — First Niagara Financial Group, Inc. (NASDAQ: FNFG) announced today it will close its mortgage-processing office in the Washington Station building in Syracuse, cutting
Cuomo announces New York Green Bank is open for business
Gov. Andrew Cuomo on Tuesday announced the start of business operations for the New York Green Bank (NY Green Bank). It seeks to “stimulate” private-sector
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.