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Elmira Savings plans new branch
ELMIRA — Elmira Savings Bank has received regulatory approval to open a full-service branch at 202 S. Hamilton St. in Erwin in early January 2013.
Peoples Financial profit rises in 3rd quarter
HALLSTEAD, Pa. — A strong third quarter in which earnings rose 20.5 percent to $2.24 million, or 72 cents per share, at Peoples Financial Services Corp. (OTC BB: PFIS) is just one reason why it’s expanding its presence in Broome County. Those profit figures are up from $1.86 million, or 60 cents per share, in
First Niagara hires new chief information officer
First Niagara Financial Group, Inc. (NASDAQ: FNFG) named a new senior vice president and chief information officer this week. The Buffalo–based banking company named Inder
New local market president named at Bank of America
SYRACUSE — Bank of America (NYSE: BAC) named a new Syracuse market president today. Michael Brunner will work with company leaders throughout the region in
First Niagara to open mortgage center in Syracuse
SYRACUSE — First Niagara Financial Group, Inc. (NASDAQ: FNFG) will open a new mortgage processing center in Syracuse next month. Located at 333 W. Washington
Chemung Financial to trade on NASDAQ
ELMIRA — Shares of Chemung Financial Corp.’s common stock will begin trading on the NASDAQ Global Market tomorrow. Chemung Financial, parent company of Chemung Canal
Impairment slows earnings at Oneida Financial
ONEIDA — Third-quarter earnings fell at Oneida Financial Corp. (NASDAQ: ONFC) thanks to an asset impairment, decreased interest income, and an increased provision for loan
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,
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