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Pathfinder Bancorp’s profit nearly unchanged in Q2
OSWEGO — Pathfinder Bancorp, Inc. (NASDAQ: PBHC), the holding company for Pathfinder Bank, reported net income of $2 million, or 32 cents a share, in this year’s second quarter, compared to $1.98 million, or 32 cents, in the second quarter of 2023. The banking company’s total revenue (net interest income, before provision for credit losses, […]
Tioga State Bank opens Johnson City branch
JOHNSON CITY, N.Y. — Tioga State Bank (TSB) unveiled its new Johnson City branch on Thursday, Aug. 29 with a ribbon cutting and other festivities.
Five Star Bank parent company to pay Q3 dividend of 30 cents a share in early October
WARSAW, N.Y. — Financial Institutions, Inc. (NASDAQ: FISI), parent company of Five Star Bank, recently announced that its board of directors approved a quarterly cash dividend of 30 cents per share of its common stock outstanding. The banking company will pay the third-quarter dividend on Oct. 2, to shareholders of record on Sept. 13. At
Pathfinder Bancorp announces change in board-chair position
OSWEGO — Pathfinder Bancorp, Inc. (NASDAQ: PBHC), the bank holding company of Pathfinder Bank, recently initiated a change at the top of its board of directors. William A. (Will) Barclay, an experienced attorney and lawmaker, has been named chairman of the board — succeeding Chris R. Burritt, previous board chairman, who retired from the board
Canadian bank to acquire 15 percent stake in KeyBank parent company
KeyCorp (NYSE: KEY), the Cleveland, Ohio–based parent company of KeyBank, on Monday morning announced that the Bank of Nova Scotia (Scotiabank) (TSX: BNS) (NYSE: BNS)
Tompkins Financial Advisors names new president
ITHACA, N.Y. — Tompkins Financial Corp. (NYSE: TMP) announced it has appointed Eric Taylor as its new executive VP and president of its Tompkins Financial Advisors unit. In this role, Taylor leads Tompkins Financial Advisors, a holistic financial-services firm, to bring customized wealth management, financial planning, and trust services to individuals and businesses. He reports
Community Bank names CNY market regional president
DeWITT, N.Y. — Community Bank N.A. announced it has promoted Lindsay Weichert to the role of regional president of the bank’s Central New York market in Syracuse. In her new position, Weichert is responsible for leading business development and community-engagement activities while ensuring effective communication across all bank and non-bank lines of business in the
NBT net income rises in Q2 but EPS dips
NORWICH, N.Y. — NBT Bancorp, Inc. (NASDAQ: NBTB) recently reported a mixed earnings picture in the second quarter amid a continued tough interest-rate environment. NBT’s net income rose to $32.7 million in the latest quarter from $30.1 million in the year-ago period, but its earnings per share (EPS) inched down to 69 cents per share
Kingsley takes the reins at NBT Bancorp
NORWICH — Scott Kingsley has had about two months to settle into his new role as president and CEO of NBT Bancorp Inc. (NASDAQ: NBTB), and he credits his predecessor and his executive team for how well the transition has gone. “I’m all of 60 days into my new role,” he tells CNYBJ in an
The Summit CEO discusses strategic growth at annual meeting
ROCHESTER —The president and CEO of The Summit Federal Credit Union called 2023 a “year of positive strategic growth.” That’s according to a recap of the credit union’s annual meeting held both virtually and in person on May 22. The Rochester–based federal credit union operates locations throughout Central New York. “We had a very solid
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