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NBT Bancorp had its eye on Syracuse market before acquisition
Editor’s Note: The Newsmaker Interview portion of Financial Quarterly features a conversation with a CEO of a major Central New York business every quarter. The story discusses key financial issues affecting the newsmaker’s company and industry. SYRACUSE — Leaders at NBT Bancorp, Inc. (NASDAQ: NBTB) have long had their eyes on the Syracuse […]
Editor’s note: The Investment Q&A feature appears regularly in our Financial Quarterly publication, spotlighting area investment professionals and their views on the markets and investments. In this issue, Jim Burns, president of J.W. Burns & Company in DeWitt, chatted with Adam Rombel, editor-in-chief, via phone on Nov. 2, several days before the presidential and Congressional
First Niagara names new regional director for CNY
First Niagara Bank today named a new regional banking director for Central New York. Lena Prohaska will lead the bank’s branch network in Rochester, Syracuse,
SEFCU head named to Fed council
Michael Castellana, the CEO of Albany–based SEFCU, a credit union with branches in the Syracuse and Binghamton areas, is the new chairman of the Federal
Tompkins Trust Co. names new VP
ITHACA — Tompkins Trust Co. has a new vice president of commercial banking. Michelle Mittelman will focus on business financing in the Ithaca and Central
Latest earnings increase at Solvay Bank Corp.
SOLVAY — Third-quarter profit rose 4 percent at Solvay Bank Corp. from a year earlier to $1.6 million. The bank had total assets of $655.8
Chemung Financial reports sluggish third quarter
ELMIRA — Chemung Financial Corp. saw its third-quarter net income decline in spite of the company’s expansion into the Albany market last year. Earnings improved
NBT Bancorp Q3 profit slips as merger costs rise
NORWICH — NBT Bancorp, Inc., (NASDAQ: NBTB), which last month announced plans to acquire Alliance Financial Corp. (NASDAQ: ALNC), reported an earnings dip in the
Chemung Financial profit slips in Q3 but up year to date
ELMIRA — Chemung Financial Corp. (ticker: CHMG) reported that its third-quarter net income fell in spite of the banking company’s expansion into the Albany market
Elmira Savings Bank Q3 net income rises 6 percent
ELMIRA — Elmira Savings Bank (ticker: ESBK) reported net income of $1.4 million, or 44 cents per share, in the third quarter, up from $1.3
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