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Five Star Bank parent company to pay Q4 dividend of 31 cents in early January
WARSAW, N.Y. — Financial Institutions, Inc. (NASDAQ: FISI), parent company of Five Star Bank, announced that its board of directors has recently approved a quarterly cash dividend of 31 cents per share of its common stock outstanding. Financial Institutions will pay the fourth-quarter dividend on Jan. 2, to shareholders of record on Dec. 15. At […]
Community Financial System appoints Vaccaro as new independent director
DeWITT, N.Y. — Community Financial System, Inc. (NYSE: CBU) announced it has appointed John A. Vaccaro to its board of directors as a new independent director, effective Oct. 1. Vaccaro is chairman emeritus of MML Investors Services, LLC, a national broker-dealer and registered investment advisor with more than $285 billion in assets under management, and
Tompkins Financial Advisors’ chief investment officer to retire
ITHACA, N.Y. — Tompkins Financial Advisors announced that Geoff Blyth, senior VP and chief investment officer, has decided to retire in early 2026 from his role — after nearly seven years in the position. Tompkins Financial Advisors is the wealth-management arm of Tompkins Financial Corp. (NYSE: TMP), an Ithaca–based financial services holding company that is
New York manufacturing index in November hits highest level in a year
The general-business conditions index of the Empire State Manufacturing Survey rose 8 points to 18.7 in November, its fourth positive reading in the past five
Community Bank expands footprint in Pennsylvania’s Greater Lehigh Valley
DeWITT, N.Y. — The deal was first announced back in June, and on Nov. 10, Community Bank, N.A. said it had completed its acquisition of seven branch locations from Santander Bank, N.A. in the Allentown, Pennsylvania area. Community Bank is a wholly owned banking subsidiary of Community Financial System, Inc. (NYSE: CBU), which is headquartered
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
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