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NBT completes leadership transition plan
NORWICH, N.Y. — NBT Bancorp, Inc., (NASDAQ: NBTB) announced this week it has wrapped up its CEO succession plan with Scott A. Kingsley succeeding John.
Sidney Federal Credit Union formally opens new Cicero branch office
CICERO — Sidney Federal Credit Union (SFCU) on May 4 formally opened the doors to its first Syracuse–area branch at 8062 Brewerton Road in Cicero. The office features a concierge-style concept that SFCU has been adopting in its new branch builds, with personal teller pods and video-enabled interactive-teller machines (iTMs) that allow members to connect
KeyCorp to pay 2nd quarter 2024 dividend in mid-June
KeyCorp (NYSE: KEY) — parent company of KeyBank, the No. 2 bank ranked by deposit market share in the 16-county Central New York region — has declared a quarterly cash dividend of 20.5 cents per share of its common stock for the second quarter of this year. The dividend is payable on June 14 to
New state cyber rules may apply to some credit unions
Last November, the New York State Department of Financial Services (DFS) made updates to its cybersecurity regulations that may require credit unions to comply depending on what type of subsidiary lines of business the credit union operates, according to one cybersecurity expert. “Credit unions are typically not included because they are federally chartered,” FoxPointe Solutions
Pathfinder Bancorp CFO to retire; bank names successor
OSWEGO — Pathfinder Bancorp, Inc. (NASDAQ: PBHC), parent company of Pathfinder Bank, on May 8 announced that its senior VP and chief financial officer (CFO), Walter F. Rusnak, 70, will retire from the role after a career spanning more than 40 years in finance, effective June 28. The Oswego-based banking company announced it has selected
Community Bank System changes name to Community Financial System
DeWITT, N.Y. — Community Bank’s parent company has a new name. Community Bank System, Inc. announced it has changed its corporate name to Community Financial
Pathfinder Bancorp’s profit falls 18 percent in Q1 amid difficult conditions for banks
OSWEGO — Pathfinder Bancorp, Inc. (NASDAQ: PBHC), the holding company for Pathfinder Bank, reported that its net income declined more than 18 percent to $2.12 million, or 34 cents a share, in this year’s first quarter from $2.6 million, or 43 cents, in the first quarter of 2023. The banking company’s total revenue (net interest
Tompkins Financial boosts quarterly dividend to 61 cents a share
ITHACA — Tompkins Financial Corp. (NYSE: TMP) recently announced that its board of directors has authorized payment of a regular quarterly cash dividend of 61 cents per share for the second quarter of this year. The dividend amount is up 1 cent per share, or 1.6 percent, from the dividend of 60 cents a share
People news: AmeriCU Credit Union names new mortgage executive
ROME, N.Y. — AmeriCU Credit Union recently announced it has added David Abernethy to its mortgage team. He brings more than 20 years of mortgage-lending
People news: AmeriCU CEO named to CenterState CEO board
ROME, N.Y. — AmeriCU Credit Union President/CEO Ron Belle has been elected to the CenterState CEO board of directors, the Rome–based credit union says. CenterState
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