Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
Community Financial System to pay Q2 dividend of 46 cents
DeWITT, N.Y. — Community Financial System, Inc. (NYSE: CBU) announced that it has declared a quarterly cash dividend of 46 cents per share on its common stock for the second quarter of this year. It will pay the dividend on July 10, to shareholders of record as of June 13. The payment yields about 3.5 […]
The Summit starts two-year, $30,000 support of Sleep in Heavenly Peace
ROCHESTER, N.Y. — The Summit Federal Credit Union (The Summit) on March 20 announced a two-year, $30,000 commitment to Sleep in Heavenly Peace (SHP) chapters in Syracuse, Buffalo, and Rochester. The Summit will disperse $10,000 to each of the three SHP chapters over the next two years ($5,000 in 2025, $5,000 in 2026) to help
CFCU Community Credit Union rebrands to Beginnings Credit Union
LANSING, N.Y. — CFCU Community Credit Union, which is based in the Ithaca area, on April 21 announced it is rebranding to Beginnings Credit Union this summer. “Since 1953, we’ve served our members by connecting them with financial opportunities that unlock greater possibilities and bring our communities closer together,” Lisa Whitaker, president and CEO of
Berkshire Bank Foundation supports area nonprofits
Berkshire Bank Foundation, the philanthropic arm of Boston–based Berkshire Bank, says it contributed more than $400,000 in communities in five states through grants and other giving in the first quarter of the year. Several Central New York not-for-profit organizations — including the McMahon-Ryan Child Advocacy Center, SUNY Polytechnic Institute Foundation, and Waterville Food Pantry —
AmeriCU announces manager for Fulton financial center
FULTON, N.Y. — AmeriCU Credit Union has appointed Shaela Long as the manager of its newest financial center located at 722 West Broadway in Fulton. Long joined AmeriCU in June 2024 as an assistant manager. She brings nearly a decade of experience in banking to the leadership role, having started as a teller and advancing
New York manufacturing index rises but remains in negative territory in April
The Empire State Manufacturing Survey general business conditions index improved 12 points in April but remained below zero at -8.1, which indicates continued contraction in
Tompkins Community Bank names Stallone to board for Central New York
ITHACA, N.Y. — Tompkins Community Bank has recently appointed Dr. Martin Stallone to its community bank board for Tompkins Central New York. Stallone currently serves as the CEO of Centralus Health and Cayuga Health System. Centralus Health is an affiliation of Arnot Health in Elmira and Cayuga Health in Ithaca. Together they serve patients across
Pathfinder Bancorp to pay Q1 dividend of 10 cents in early May
OSWEGO, N.Y. — 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 first-quarter 2025 dividend is payable on May 9 to all shareholders of record as of April 18, according to an announcement from James A. Dowd,
AmeriCU Credit Union prepares to open relocated North Utica branch
UTICA, N.Y. — AmeriCU Credit Union is relocating its North Utica location from the Aspen Dental Plaza on North Genesee St. to 401 Herkimer Road
New York manufacturing index plummets back into negative territory in March
The Empire State Manufacturing Survey general business conditions index fell 26 points to -20 in March. In the past couple months, the index rose 18
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.