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Profit slips 16 percent at Alliance Financial in Q2
SYRACUSE — Ongoing low interest rates pushed profit lower at Alliance Financial Corp. (NASDAQ: ALNC) in the second quarter, despite growth in the banking company’s loan portfolio. Syracuse–based Alliance Financial, the holding company for Alliance Bank, earned $2.9 million, or 61 cents a share, in the quarter, down 16 percent from $3.5 million, or 73 cents, […]
Income increases at Elmira Savings
ELMIRA — Net income rose 4 percent in the second quarter at Elmira Savings Bank, (NASDAQ: ESBK) to $1.36 million, or 42 cents per share.
Profit falls in second quarter at KeyCorp
KeyCorp (NYSE: KEY) generated net income from continuing operations attributable to common shareholders of $221 million in the second quarter, down from $243 million a
Shareholders OK Tompkins-VIST deal
ITHACA — Shareholders this week approved the planned acquisition of VIST Financial Corp. (NASDAQ: VIST) of Wyomissing, Pa. by Ithaca–based Tompkins Financial Corp. (NYSE Amex:
M&T adds to CNY advisory council
M&T Bank appointed two new members to its Directors Advisory Council for the Central New York region. Mara Charlamb, vice president and owner of United
Solvay Bank declares Q2 dividend
SOLVAY — The board of directors for Solvay Bank Corp., holding company for Solvay Bank, has declared a second quarter dividend of 27 cents a
M&T executive chosen as board chair at OCC
SYRACUSE — The Central New York regional president for M&T bank has been elected chairman of the board of trustees at Onondaga Community College (OCC).
OSWEGO — Pathfinder Bancorp (NASDAQ: PBHC) announced a cash dividend of 3 cents a share Monday. The dividend will be payable to shareholders of record
Solvay Bank expands HQ to facilitate growth
SOLVAY — Recent growth has sparked an expansion of Solvay Bank’s headquarters at 1537 Milton Ave. The bank is constructing a two-story, 17,000-square-foot addition to
Koelmel approved as NYPA chairman
First Niagara Financial Group President and CEO John Koelmel is the new chairman of the New York Power Authority (NYPA). The authority’s trustees chose Koelmel
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.