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Berkshire names Houghtaling commercial regional leader for New York region
Berkshire Hills Bancorp, Inc. (NYSE: BHLB), the holding company for Berkshire Bank, today announced the appointment of Scott J. Houghtaling to senior vice president, commercial leader for
Oneida Financial profit slips in fourth quarter
ONEIDA — Oneida Financial Corp. (NASDAQ: ONFC), parent company of Oneida Savings Bank, recently reported that its net income fell to $1.6 million, or 23 cents a share, in the fourth quarter from nearly $1.8 million, or 26 cents, in the year-ago period. The banking company attributed the profit decline to an increase in non-interest
Tompkins Financial names Angelis new president of Tompkins Financial Advisors
ITHACA — Tompkins Financial Corp. (stock ticker: TMP) today announced it has named Stephen Angelis president of Tompkins Financial Advisors, the banking company’s wealth-management division.
First Niagara launches new mobile-app functions
First Niagara Financial Group, Inc. (NASDAQ: FNFG) on Tuesday announced that it has launched new capabilities for its mobile-banking application available for smartphone users.
KeyBank donates $300,000 to Say Yes to Education program
SYRACUSE — KeyBank (NYSE: KEY) on Monday night donated $300,000 to the endowment fund of the Say Yes to Education program. Say Yes to Education,
Chemung Financial profit slips 30 percent in Q4
ELMIRA — Chemung Financial Corp. (NASDAQ: CHMG), the parent company of Chemung Canal Trust Company, reported net income of nearly $1.5 million, or 32 cents per share, in the fourth quarter. That’s down 30 percent from the $2.1 million, or 46 cents a share, the banking company earned during the same quarter in 2012. Excluding
GPO Federal Credit Union names Mayhew to president, CEO posts
NEW HARTFORD — The board of directors of GPO Federal Credit Union (GPOFCU) in New Hartford on Tuesday announced it has selected Nicholas Mayhew to serve as president and CEO. Mayhew assumes his new role on Feb. 3. He most recently served as vice president and CFO of Rome Memorial Hospital, GPOFCU said in a
Oneida Savings Bank: Diversification turns sleepy bank into community powerhouse
ONEIDA — One year after the Civil War ended, residents of Oneida established the Oneida Savings Bank (OSB). Chartered in New York state, the corporation was structured as a mutual savings bank, whereby the depositors were the bank’s owners. Serving clients in Oneida and Madison counties, OSB collected deposits, paid interest, and financed residential mortgages
Solvay Bank plans new branch, technology for 2014
SOLVAY — Solvay Bank has big plans for 2014 that include a new “smart branch” in DeWitt and several new technology components that will improve the customer experience, bank officials say. The bank will soon decide on a construction firm for its DeWitt branch project and expects to break ground within the next month, says
Bank economists see stronger economic growth in 2014
This year will be a breakout year for the U.S. economy as private-sector demand accelerates and fiscal drag eases, according to the Economic Advisory Committee of the American Bankers Association (ABA). The committee, which includes 13 chief economists from among the largest banks in North America, predicts inflation-adjusted GDP growth for 2014 will be 3.0
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