Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
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
Berkshire Bank to acquire 11 Bank of America branches in Utica–Rome area
Berkshire Hills Bancorp, Inc. (NYSE: BHLB) today announced that its banking subsidiary, Berkshire Bank, has agreed to acquire 20 retail bank branches in New York
First Source Federal Credit Union adds Utica College hockey coach to its board
NEW HARTFORD — First Source Federal Credit Union has elected Gary Heenan, Utica College’s men’s hockey coach, to its board of directors. “Individuals are
NBT Bancorp net income jumps in second quarter
NORWICH — NBT Bancorp, Inc. (NASDAQ: NBTB) reported net income of $16.9 million in the second quarter, up from $7.6 million in the first quarter
Berkshire Bank parent lowers Q2 earnings forecast, stock falls
Berkshire Hills Bancorp, Inc. (NYSE: BHLB), holding company for Berkshire Bank, said it expects to report core earnings of 48 cents a share in the
Elmira Savings Bank Q2 profit edges up 1 percent
ELMIRA — Elmira Savings Bank (NASDAQ: ESBK) reported that its net income inched up 1 percent in the second quarter, led by a reduction in
M&T Bank profit jumps nearly 50 percent
M&T Bank Corp., Central New York’s largest bank ranked by deposit market share, today reported that its second-quarter net income increased 49 percent, boosted by
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.