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Tompkins Financial profit rises in first quarter
ITHACA — Tompkins Financial Corp. (stock ticker: TMP) reported net income of $11.5 million in the first quarter, up 47 percent from $7.8 million a year ago, boosted by last year’s acquisition of VIST Financial Corp. in Pennsylvania. Earnings per share (EPS) at Tompkins Financial totaled 79 cents in the first quarter, up 13 percent […]
Medical ID Theft is Definitely Not What the Doctor Ordered
Vicki Lee Blair, a 63-year-old former computer analyst from Westminster, Calif., had the surprise of her life. Blair went to a clinic seeking antidepressant medication. She said she was shocked when clinicians bombarded her with questions about a blood test in her file indicating thyroid problems and illegal drug use. She insisted the records were inaccurate,
Full text of May 1 Federal Reserve statement on monetary policy decision
Below is the full text of the much-anticipated statement the Federal Reserve issued on Wednesday, May 1, laying out its monetary-policy plans regarding its securities purchases and interest-rate targets: “Information received since the Federal Open Market Committee met in March suggests that economic activity has been expanding at a moderate pace. Labor market conditions have
JPMorgan Chase plans for CNY middle-market growth
SYRACUSE — With some changes at the management level along with two new commercial-banking employees, JPMorgan Chase & Co. is poised to grow its middle-market business across the Central New York and Northern Central Pennsylvania region. On Jan. 1, JPMorgan Chase promoted Malcolm (Sandy) Wolcott from president of the upstate New York middle-market banking team
Oneida Wealth Management positions parent company for growth
ONEIDA — Oneida Financial Corp.’s new Oneida Wealth Management subsidiary not only better aligns the company’s financial services through its various divisions, but also positions
SEFCU donates $250,000 to Upstate Medical University
SYRACUSE — Albany–based SEFCU, a credit union with branches in the Syracuse and Binghamton areas, today announced a donation of $250,000 for the upcoming Upstate
Tompkins Financial profit jumps in first quarter
ITHACA — Tompkins Financial Corp. (stock ticker: TMP) today reported net income of $11.5 million in the first quarter, up 47 percent from $7.8 million
Community Bank Q1 net income rises 7.5 percent
DeWITT — Community Bank System, Inc. (NYSE: CBU) reported first-quarter net income of $20.2 million, up 7.5 percent from $18.8 million in the year-ago period
Chemung Financial Q1 profit falls 33 percent
ELMIRA — Chemung Financial Corp., parent company of Chemung Canal Trust Co., reported that its first-quarter net income fell 33 percent to $2.4 million, or
NBT Bancorp Q1 profit edges up, excluding merger expenses
NORWICH — NBT Bancorp, Inc. (NASDAQ: NBTB) reported it earned core net income of $14.3 million in the first quarter, excluding merger expenses it incurred
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