Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
Chemung Canal Trust completes acquisition of six Bank of America branches in CNY
ELMIRA — Chemung Canal Trust Company has completed the acquisition of six former Bank of America branch offices located in Auburn, Cortland, Ithaca, and Seneca
Baum joins Tompkins Trust Company board
ITHACA — Larry F. Baum, CEO of The Computing Center, has been appointed to the board of directors of Tompkins Trust Company. “I am honored
Cuomo appoints president of New York Green Bank
Gov. Andrew Cuomo has appointed Alfred Griffin of Citigroup, Inc. (NYSE: C) as president of the New York Green Bank, a $1 billion initiative to
Five Star Bank parent declares quarterly dividend of 19 cents
Financial Institutions, Inc. (NASDAQ: FISI), the parent of Five Star Bank, has declared a quarterly cash dividend of 19 cents per outstanding common share. The
Chemung Financial declares dividend of 26 cents a share
ELMIRA — Chemung Financial Corp. (NASDAQ: CHMG) announced today that its board of directors has approved a quarterly cash dividend of 26 cents a share.
First Niagara names Alexander Gress treasurer
BUFFALO — First Niagara Financial Group, Inc. (NASDAQ: FNFG) has named Alexander Gress as its senior vice president and treasurer. Gress will be responsible
Pathfinder Bancorp Q3 profit declines on higher labor costs
OSWEGO — Pathfinder Bancorp, Inc. (NASDAQ: PBHC), parent of Pathfinder Bank, reported that its profit slipped 21 percent in the third quarter, led by increased labor costs. Pathfinder announced on Nov. 1 that net income declined to $528,000 in the third quarter from $670,000 in the year-ago period. The profit decrease “was principally due to the $300,000
Pathfinder Bancorp Q3 profit slips on higher labor costs
OSWEGO — Pathfinder Bancorp, Inc. (NASDAQ: PBHC), parent of Pathfinder Bank, reported that its third-quarter profit fell 21 percent, driven by increased labor costs. Pathfinder reported
Visions Federal Credit Union announces merger with Pa. credit union
ENDWELL — Visions Federal Credit Union today announced that CTCE Federal Credit Union (CTCE) of Reading, Pa. will “merge with, and into” Visions. The
Solvay Bank profit remains ‘consistent’
SOLVAY — Solvay Bank Corp., the holding company for Solvay Bank, on Wednesday announced it earned $1.6 million during third quarter. The profit figure
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.