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Community Bank outlines growth plans in Syracuse, beyond
Includes State Tower Building branch From new branches to a new name for its parent company, Community Bank is having a busy year. The first of three new Syracuse–area branches will open this October in the State Tower Building on South Warren Street in downtown Syracuse and represents the bank’s commitment to the Syracuse market, […]
State launches $10 million loan fund for entrepreneurs
ALBANY, N.Y. — New York State has launched a new $10 million fund that will provide qualifying startup and early-stage companies with access to affordable term loans up to $100,000. The Main Street Capital program is part of New York’s broader State Small Business Credit Initiative efforts led by Empire State Development, the office of
Rochester credit union to acquire Generations Bank of Seneca Falls
SENECA FALLS, N.Y. — ESL Federal Credit Union, of Rochester, will acquire Seneca Falls–based Generations Bank in a deal valued at $26.2 million, ESL announced. The acquisition expands ESL’s presence in the Greater Rochester and Finger Lakes region in Seneca, Cayuga, and Orleans counties while expanding its footprint into Ontario County. The combined financial institution
Generations Bank secures $50K in grant funding for seven Seneca County nonprofits
SENECA FALLS, N.Y. — Generations Bank on Tuesday said it’s awarded grants to seven nonprofit organizations in Seneca County, after applying for and securing $50,000
United Way’s Thrive at Work gets $250K from KeyBank Foundation
SYRACUSE — The United Way of Central New York’s Thrive at Work program is getting a boost from the KeyBank Foundation, which is providing it $250,000. The new initiative is meant to help people who are employed but face challenges meeting basic financial needs “due to limited access to financial resources and support,” per the
New York manufacturing activity grew in September, for the first time in 10 months
The Empire State Manufacturing Survey general business-conditions index climbed 16 points to 11.5 in September with activity expanding for the first time since November 2023. The index rose nearly 2 points to -4.7 in August after slipping less than 1 point to -6.6 in July. The general business-conditions index is the monthly gauge on New
KeyBank Foundation provides $250K to United Way of CNY’s Thrive at Work program
SYRACUSE, N.Y. — The KeyBank Foundation says it is investing $250,000 in the United Way of Central New York’s Thrive at Work program. The new
SBA awards FuzeHub $375K to support underserved entrepreneurs in New York
ALBANY, N.Y. — FuzeHub will use federal grant funding of $375,000 to support entrepreneurs in underserved communities. The U.S. Small Business Administration (SBA) awarded the
NBT to expand into western New York with acquisition of Evans Bancorp
NORWICH, N.Y. — NBT Bancorp Inc. (NASDAQ: NBTB), the parent company of NBT Bank, announced it is expanding into western New York with the acquisition of Evans Bancorp, Inc. (NYSE: EVBN). Under the deal, NBT will buy 100 percent of the outstanding shares of Evans in exchange for common shares of NBT in a transaction
AmeriCU formally unveils newly renovated Cicero branch office
CICERO, N.Y. — AmeriCU Credit Union unveiled its remodeled Cicero branch with a ribbon-cutting ceremony on Monday, Sept. 9. New interactive teller machines offer new
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