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SYRACUSE — NBT Bancorp, Inc. (NASDAQ: NBTB) plans to acquire Syracuse–based Alliance Financial Corp. (NASDAQ: ALNC) in a deal worth more than $233 million. The
New treasurer takes over at First Niagara
First Niagara Financial Group, Inc. (NASDAQ: FNFG) named a new treasurer Thursday. Jeffrey Maddigan, who has been with the banking company for 19 years, assumed
Pathfinder declares Q3 dividend
OSWEGO — Pathfinder Bancorp, Inc. (NASDAQ: PBHC), holding company for Pathfinder Bank, declared a dividend of 3 cents a share for the third quarter. The
M&T mid-market survey finds both pessimism and optimism
Many mid-market company leaders continue to feel positive about the prospects for their own businesses, despite ongoing pessimism on the national economy, according to a new survey from M&T Bank. One in five of middle-market respondents in the survey said they expect U.S. economic growth to speed up in the next six months, down from
New KeyBank branch opens in Manlius
MANLIUS — KeyBank opened a new branch in Manlius this week. The 3,900-square-foot office, at 7670 Highbridge Road, features four teller stations, five private offices,
Berkshire Hills to raise $75 million
Berkshire Hills Bancorp, Inc. plans to raise capital for its pending acquisition of DeWitt–based Beacon Federal Bancorp. Berkshire Hills (NASDAQ: BHLB) entered a subscription agreement
M&T outstrips pledge to ramp up small-business lending
M&T Bank exceeded a promise it made last year to boost small-business lending, it said today. The Buffalo–based bank increased small-business lending by $196 million
Empower begins work on new headquarters in Salina
SALINA — Empower Federal Credit Union began work last month on a new headquarters that will bring together staff members now spread across three offices. The new headquarters, which will be located the former B.G. Sulzle plant in Salina, will house departments like information technology, the credit union’s call center, and loan operations, says Rich Nave,
Elmira Savings Bank opens new branch office
ELMIRA HEIGHTS — Elmira Savings Bank (NASDAQ: ESBK) has opened its new branch location at 2075 Lake Road in Elmira Heights. “We are pleased to
Beacon Federal shareholders approve Berkshire Hills deal
DeWITT — Beacon Federal Bancorp, Inc. (NASDAQ: BFED) shareholders voted in favor of their bank being acquired during a special meeting Thursday. The move is
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