Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.

Tompkins Financial boosts quarterly dividend by nearly 5 percent
ITHACA ,N.Y. — Tompkins Financial Corp. (NYSE: TMP) recently announced that its board of directors has approved payment of a regular quarterly cash dividend of 65 cents per share for the fourth quarter, up 4.8 percent from the 62 cents it paid last quarter. The new dividend was payable on Nov. 14, to common shareholders […]

Pathfinder Bancorp posts profit improvement in Q3
OSWEGO, N.Y. — Pathfinder Bancorp, Inc. (NASDAQ: PBHC), the holding company for Pathfinder Bank, reported net income attributable to common shareholders of $626,000, or 10 cents per share, in the third quarter of this year. That’s a significant improvement from $31,000, or less than 1 cent a share, in the second quarter of this year,

CPC provides $4.5 million loan to redevelop former school in Syracuse’s Eastwood section
SYRACUSE, N.Y. — The Community Preservation Corporation (CPC) on Wednesday announced a $4.5 million construction loan for Skinner Properties for the redevelopment of the former

Community Bank completes acquisition of Pennsylvania bank branches in Allentown
DeWITT, N.Y. — Community Bank, N.A. on Monday said the bank has completed its acquisition of seven branch locations from Santander Bank, N.A. in the

Chemung Financial reports improved earnings in Q3
ELMIRA, N.Y. — Chemung Financial Corporation (NASDAQ: CHMG), parent company of Chemung Canal Trust Company, recently reported that its net income jumped 37 percent to $7.8 million in the third quarter from $5.7 million in the year-ago quarter as its balance sheet and margins improved. The banking company’s earnings per share increased 36 percent to

NBT Bancorp profit surges 43 percent in Q3
NORWICH — NBT Bancorp Inc. (NASDAQ: NBTB), parent company of NBT Bank, recently reported that its net income rose 43 percent to $54.5 million in the third quarter from $38.1 million in the year-prior period, as it improved margins and benefitted from a recent merger. NBT’s earnings per share rose to $1.03, compared to 80

Solvay Bank hires branch manager for upcoming James Street Wegmans plaza location
DeWITT, N.Y. — Solvay Bank on Thursday said it has appointed Briana Fox as AVP, branch manager for its upcoming East Syracuse–area location at the Wegmans plaza on James Street in the town DeWitt. It will be the 10th branch for Solvay Bank, the oldest community bank established in Onondaga County, per the announcement. Fox

State approves merger of North Country credit union with AmeriCU
ROME, N.Y. — AmeriCU Credit Union tells CNYBJ that the New York State Department of Financial Services (DFS) has given final approval of its merger

NYS home sales flat in September but pending sales jump
ALBANY, N.Y. — Realtors in New York state closed on the sale of 9,697 previously owned homes in September, virtually unchanged from the 9,694 homes they sold in the year-earlier month. However, pending sales increased more than 7 percent in the ninth month of 2025, possibly foreshadowing a rise in closed sales in the next

Visions FCU, SU launch financial-literacy program
SYRACUSE, N.Y. — Syracuse University (SU) is set to launch the Student-Athlete Financial Empowerment Program in January. It’s an initiative designed to prepare Orange student-athletes for long-term financial success during and beyond their college careers. The program will also be open to all SU students, the university said in its Oct. 20 announcement. SU’s Martin
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.