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Solvay Bank sets sights on growth in the Mohawk Valley
SOLVAY — After more than 106 years of serving Central New York, Onondaga County–based Solvay Bank is pushing its reach further with its sights set on the Mohawk Valley. In late December, the banking company announced its commercial expansion into the Mohawk Valley and the hiring of Matt Nicholl as VP, commercial-loan officer, to serve […]
Student-run bank deepens Tioga State Bank’s community connections
SPENCER — Tioga State Bank’s (TSB) new student-run branch at Spencer-Van Etten High School in northwestern Tioga County does more than provide a convenient place for students, faculty, and staff to bank. It deepens the bank’s connection with the community it has served for 160 years and provides an opportunity for TSB to offer even
Visions FCU’s financial-readiness center opens at Syracuse University
Aims to help veteran, military-connected community SYRACUSE — Visions Federal Credit Union (FCU) says its financial-readiness center at Syracuse University’s National Veterans Resource Center (NVRC) seeks to provide “support and guidance” for the university’s veteran and military-connected community. The resource for student veterans and military families is made possible by the collaboration between
Generations Bank, FHLBNY grants help five area nonprofits
SENECA FALLS — Five nonprofit organizations in Union Springs are using grant funding from Seneca Falls–based Generations Bank. The bank announced it secured $50,000 in grant money from the Federal Home Loan Bank of New York (FHLBNY). The five grant recipients are the Springport Free Library, Frontenac Historical Society, Western Cayuga County Food Pantry, Union
Watt reflects on time at NBT as he prepares for retirement
NORWICH — While the Jan. 22 announcement that NBT Bancorp, Inc. (NASDAQ: NBTB) President/CEO John H. Watt, Jr. will retire this coming May might have caught some by surprise, it’s a decision Watt says he reached last year. What spurred the decision? “The bench!” he tells The Central New York Business Journal. “The strength of
Pathfinder Bancorp pays dividend of 9 cents a share in Q4
OSWEGO — Pathfinder Bancorp, Inc. (NASDAQ: PBHC), the bank holding company of Pathfinder Bank, recently paid a quarterly cash dividend of 9 cents per share on its common stock. The fourth quarter 2023 dividend was paid on Feb. 2 to all shareholders of record on Jan. 12, according to an announcement from James A. Dowd,
Community Bank System elects new independent director
DeWITT — Community Bank System, Inc. (NYSE: CBU) recently announced the election of Michele Sullivan to its board of directors as a new independent director, effective Feb. 1. Sullivan is a retired partner of Crowe LLP, a Chicago–based public accounting, consulting, and technology firm, serving in its consulting practice specializing in the financial-services sector. She
AmeriCU Credit Union formally unveils renovated Auburn branch
AUBURN — Rome–based AmeriCU Credit Union announced it recently unveiled its newly remodeled Auburn financial center (branch office) that blends technology with personal service. The credit union’s employees and community members celebrated the renovation with a ribbon-cutting ceremony at the branch office, located at 295 Grant Ave., on Jan. 17. New teller pods and interactive
NBT Bancorp CEO Watt announces plans to retire in May
NORWICH, N.Y. — NBT Bancorp Inc. President and CEO John H. Watt, Jr. announced he will retire, effective May 21 of this year. The company’s board of directors, after a 10-month process, approved a succession plan that will promote Scott A. Kingsley, NBT’s current CFO, to succeed Watt as president and CEO. Kingsley will also
Visions FCU formally opens financial-readiness center at SU’s NVRC
SYRACUSE, N.Y. — Visions Federal Credit Union (FCU) on Friday formally opened its financial-readiness kiosk area at Syracuse University’s (SU) National Veterans Resource Center (NVRC)
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