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

Tioga State Bank to open Johnson City branch
JOHNSON CITY, N.Y. — Tioga State Bank (TSB) will open a new branch in Johnson City later this summer. It will be the bank’s fifth location in the greater Binghamton area, where it already has two branches in Binghamton, one in Vestal, and one in Endwell. “We are thrilled to open this office in the […]

Pathfinder Bancorp to pay latest quarterly dividend in early August
OSWEGO — Pathfinder Bancorp, Inc. (NASDAQ: PBHC), the bank holding company of Pathfinder Bank, has declared a cash dividend of 10 cents per share of its common stock. The second-quarter 2024 dividend is payable on Aug. 9 to all shareholders of record on July 19, according to an announcement from James A. Dowd, president and

Regional small businesses win New York SBDC awards, “Roadshow” presentations scheduled
ALBANY, N.Y. — Businesses in Lowville, Utica, Oneonta, and Hogansburg in Franklin County are among those that will be recognized in the weeks ahead as

Geddes Federal’s Manlius branch has a new manager
MANLIUS, N.Y. — Geddes Federal Savings and Loan Association has named a new manager for its branch in Manlius. Linda Meade is assuming the duties of branch manager. Meade is succeeding Christy Krzywda in that role, the organization tells CNYBJ in an email. Krzywda, a junior officer in the savings department, has relocated to the

Five Star Bank parent company to pay Q2 dividend of 30 cents a share in early July
WARSAW, N.Y. — Financial Institutions, Inc. (NASDAQ: FISI), holding company of Five Star Bank, recently announced that its board of directors approved a quarterly cash

AmeriCU formally opens remodeled Herkimer location
HERKIMER, N.Y. — AmeriCU Credit Union on Monday (June 10) unveiled its recently remodeled Herkimer Financial Center, which features new technology to better serve its members. Changes include the installation of interactive teller machines (ITMs) that offer members enhanced services through a teller-assist functionality that provides personal assistance by a live representative, the credit union

KeyBank rolls out KeyVAM for treasury-management clients
Uses Qolo’s technology platform KeyBank (NYSE: KEY) is now offering KeyVAM, which it describes as a virtual account-management product for treasury-management clients who have “complex” demand deposit account (DDA) structures and want to streamline their cash-flow and account structure. Cleveland, Ohio–based KeyBank is the No. 2 bank ranked by deposit market
Tompkins Financial Advisors grows through relationships
ITHACA, N.Y. — It’s been a tricky time for wealth management since the global COVID pandemic, but Tompkins Financial Advisors, the wealth-management firm of Tompkins Financial Corp., isn’t slowing down. “This is where the rubber meets the road,” says Jennifer Green, senior VP and managing director of Tompkins Financial Advisors’ Central New York region. “We’ve

AmeriCU Credit Union partners with Rome Health amid hospital expansion project
ROME, N.Y. — AmeriCU Credit Union has announced a partnership with Rome Health to support the enhancement of surgical services and critical-care facilities. The alliance will strengthen the availability of state-of-the-art surgical procedures and critical-care services, focusing on initiatives to acquire advanced medical equipment, enhance facilities, improve technology, and support specialized training for medical staff

Berkshire Hills Bancorp announces CFO changeup
Berkshire Hills Bancorp, Inc. (NYSE: BHLB), parent of Berkshire Bank, recently announced the departure of R. David Rosato as chief financial officer (CFO) and the appointment of Brett Brbovic, currently chief accounting officer, to the CFO role effective June 14. Rosato joined Berkshire in February 2023 after working for 15 years at People’s United Financial,
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.