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Elmira’s Chemung Canal to acquire six Bank of America branches in CNY
ELMIRA — Chemung Financial Corp. (NASDAQ: CHMG) today announced that its banking subsidiary, Chemung Canal Trust Co., has agreed to buy six Bank of America
Elmira Savings Bank promotes Tangorre to branch administrator
ELMIRA — Elmira Savings Bank has promoted Donna J. Tangorre to senior vice president, branch administrator. She has 30 years of community banking experience, with an
Berkshire Hills Bancorp CFO to resign on Friday
Berkshire Hills Bancorp, Inc. (NYSE: BHLB), the parent company of Berkshire Bank, on Monday announced that Kevin Riley, executive vice president and CFO, will resign on
NBT Bank announces wealth-management team changes
NORWICH — NBT Bank announced it has appointed Kenneth J. Entenmann as chief investment officer of NBT Financial Group, a division of the bank that provides trust, investment, insurance, and retirement services to businesses, nonprofits, and individuals. It also has promoted Douglas J. Coggins to retirement-plan services manager and Brian A. Voss to director
KeyBank survey: organic growth driving mid-market expansion in 2013
More than half of the nation’s middle-market companies plan to expand their businesses in the next six months with the addition of employees, equipment, or adding new facilities. That’s according to the new KeyBank Middle Market Business Sentiment Survey released on June 27. Predictions for 2013 indicated middle-market companies might set records for mergers and
Pathfinder Bancorp declares quarterly dividend
OSWEGO — Pathfinder Bancorp, Inc. (NASDAQ: PBHC) has declared a cash dividend of three cents per share on its common stock relating to the fiscal
Tioga State Bank elects new board members
SPENCER — Tioga State Bank announced that Anne McKenna and Joseph B. Meagher have joined the bank’s board of directors. McKenna, the bank’s senior
NBT stays ahead of the game by playing offense
NORWICH — What is a bank supposed to do? Pressure on interest income is at Great Depression levels, the economy is growing at a pace only a tortoise could love, unemployment is stubbornly high, Washington continues to “protect” consumers by imposing thousands of pages of new banking regulations, and our legislators are gridlocked over a
KeyBank restructures management, Fournier oversees retail sales in larger area
KeyBank, a major player in the Central New York banking market, recently initiated a management reorganization that cut 24 jobs companywide, including two in Syracuse, and shifted the bank’s regional lineup. Locally, the effort shifted additional responsibility to Stephen Fournier, who now serves as market president for Central New York. Cleveland, Ohio–based KeyBank has undertaken
O’Brien & Gere CEO Fox appointed to M&T Bank Advisory Council
SYRACUSE — M&T Bank has appointed James (Jim) Fox to its Directors Advisory Council for the Central New York region. The council meets regularly throughout
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