Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
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
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
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.