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Tompkins Financial names Rochon successor to board chairman in 2014
ITHACA — Tompkins Financial Corp. (NYSE: TMP) announced it has concluded a succession-planning process for Board of Directors Chairman James J. Byrnes, whose term will
Community Bank announces Pa. branch acquisition, Q2 earnings
DeWITT — Community Bank System, Inc. (NYSE: CBU) announced July 24 that it has agreed to buy eight branches in Northeast Pennsylvania from Bank of America. Under the terms of the agreement, Community Bank will acquire about $369 million in deposits at a deposit premium of 2.39 percent, as well as a small amount of
Editor’s note: The Investment Panel feature appears regularly in the Banking & Wealth Management special reports of The Central New York Business Journal, spotlighting area investment professionals and their views on the financial markets and investments. In this issue, The Business Journal communicated with David Lemire, John Lombardo, and Ted Sarenski separately via email, asking
Berkshire Bank makes major move in Utica–Rome banking market
UTICA — Berkshire Hills Bancorp, Inc. (NYSE: BHLB), parent of Berkshire Bank, is about to become a major player in the Utica–Rome banking market. On July 24, the Pittsfield, Mass.–based banking company announced that it has agreed to acquire 20 retail bank branches in upstate New York from Bank of America, including 11 offices
Oneida Financial Q2 net income fall 21 percent on higher costs
ONEIDA — Oneida Financial Corp. (NASDAQ: ONFC) reported that its net income fell 21 percent to $1.5 million in the second quarter from $1.9 million
Pathfinder Bancorp 2nd-quarter profit rises 14 percent
OSWEGO — Pathfinder Bancorp, Inc. (NASDAQ: PBHC), the holding company for Pathfinder Bank, reported net income of $823,000 in the second quarter, up 14 percent from
Adirondack Bank names Rocco Arcuri new CEO
UTICA — Adirondack Bank today announced Rocco Arcuri, Sr. as its next president and CEO, effective immediately. Arcuri will also serve on the bank’s board
Pathfinder Bancorp Q2 profit rises on gain from sale of loan portfolio
OSWEGO — Pathfinder Bancorp, Inc. (NASDAQ: PBHC), the holding company for Pathfinder Bank, reported net income of $823,000 in the second quarter, up 14 percent from
NBT promotes Murphy to chief credit officer
NORWICH — NBT Bancorp, Inc., the Norwich–based parent company of NBT Bank, N.A. has promoted James Murphy to chief credit officer. In this role,
Chemung Financial Q2 profit rises almost 9 percent
ELMIRA — Chemung Financial Corp. (NASDAQ: CHMG), the parent company of Chemung Canal Trust Company, reported that its second-quarter net income rose nearly 9 percent
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