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Solvay Bank rolls out new mobile platform
SOLVAY — Solvay Bank booted up a new set of mobile-banking offerings this month. The bank, which has a main office located at 1537 Milton
Pathfinder Bank CEO Schneider elected treasurer of New York Bankers Association
Thomas W. Schneider, president and CEO of Oswego–based Pathfinder Bank, has been selected to serve as treasurer of the New York Bankers Association (NYBA). “Our
Report details growth, reach at community banks
New York’s community banks provide most of the loans for the state’s small businesses and farms, according to a new report from the Department of
Payroll service for small businesses available from M&T
M&T Bank (NYSE: MTB) is launching an online payroll processing service for small businesses through a partnership with Sure Payroll, Inc. The service is now
Tompkins Trust Co. names senior vice president of banking operations
ITHACA — Tompkins Trust Company, a unit of Tompkins Financial Corp. (NYSE: TMP), has named Kimberly Dove its senior vice president of banking operations. Dove
Oneida Financial Q4 profit rises 8 percent
ONEIDA — Oneida Financial Corp. (NASDAQ: ONFC), parent company of The Oneida Savings Bank, reported that its fourth-quarter profit rose nearly 8 percent, primarily on
Charges yield lower net income at First Niagara
Charges related to collateralized mortgage obligations and job cuts helped push profit lower at First Niagara Financial Group, Inc. in the fourth quarter. Net income available to common shareholders at Buffalo–based First Niagara (NASDAQ: FNFG) totaled $53.5 million, or 15 cents a share, for the period. That’s down from $58.5 million, or 19 cents a
Editor’s note: The Investment Q&A feature will appear regularly in the Banking & Wealth Management special reports of The Central New York Business Journal, 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
Profit increases in Q4, full year at M&T Bank
Net income at M&T Bank Corp. (NYSE: MTB) rose to $296 million in the fourth quarter from $148 million a year earlier. Earnings per share for the period totaled $2.16, up from $1.04 in the fourth quarter of 2011. Although there were no unusual items in M&T’s 2012 fourth quarter, the year-earlier period included several
Lenders prepare for new rules on mortgages
Mortgage lenders across the region and country are likely to spend some time over the next year preparing for new rules coming from the Consumer Financial Protection Bureau (CFPB). The CFPB and the new lending rules it’s issuing stem from the financial crisis that began in 2008 and the actions by some lenders that led
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