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Beginnings Credit Union formally opens North Syracuse branch
NORTH SYRACUSE, N.Y. — The Beginnings Credit Union branch in the village of North Syracuse has transitioned to its new branding. Formerly CFCU Community Credit Union, Beginnings Credit Union on Oct. 21 held a ribbon cutting at the North Syracuse branch, marking the completion of the building’s update. Beginnings Credit Union says it is updating […]
AmeriCU, Mountain Valley FCU merger expected to get state approval by year’s end
ROME, N.Y. — The New York State Department of Financial Services is expected to issue a final approval of the proposed merger between credit unions in the Mohawk Valley and the North Country by the end of the year. The members of Mountain Valley Federal Credit Union in the northeastern part of New York have
AmeriCU appoints senior VP of marketing
ROME, N.Y. — AmeriCU Credit Union recently announced it has hired Amber Cooleen as its new senior VP of marketing. She recently spent four years serving as chief marketing officer for a credit union based in the Capital Region. Throughout her career, Cooleen has held key marketing roles across various industries, from business-to-business startups to
New Visions FCU chief HR officer wants to listen and learn
ENDWELL, N.Y. — Visions Federal Credit Union (FCU) has a new VP/chief human resources officer (CHRO), who started her new duties back in the summer. For Aoife Quinn, the priority early on has been to listen and learn. “After getting a sense of who we are, where we are, and where we want to be,
CNY banking leader sees solid area business conditions, outlook
Region is buoyed by Micron project SYRACUSE, N.Y. — Even as stock markets continue to make all-time highs, there has been a lot of chatter about national economic uncertainty this year with slowing job growth and concern about the potential impact of tariffs, continued inflation, and most recently the federal-government shutdown. But current conditions and
Five Star Bank parent reports Q3 net income jumped 52 percent
WARSAW, N.Y. — Financial Institutions, Inc. (NASDAQ: FISI), parent company of Five Star Bank, recently reported net income of nearly $20.5 million in the third quarter of this year, up 52 percent from almost $13.5 million in the third quarter of 2024. The company, in its Oct. 23 earnings report, cited strong performance in each
Syracuse police warn city businesses about fake invoice scam
SYRACUSE, N.Y. — The Syracuse Police Department is warning Syracuse businesses about a scam involving fake zoning invoices. The fake bills have been sent to
Community Bank parent declares Q4 dividend of 47 cents a share
DeWITT, N.Y. — Community Financial System, Inc. (NYSE: CBU) — parent company of Community Bank, N.A. — recently announced that it will pay a quarterly cash dividend of 47 cents per share of its common stock for the fourth quarter. The dividend will be payable on Jan. 12, to shareholders of record as of Dec.
Empire State Manufacturing Survey index is back in positive territory
Firms responding to October’s Empire State Manufacturing Survey exhibited optimism that points to expansion in the state’s manufacturing industry. The survey’s general-business conditions index climbed more than 19 points to 10.7 in October, representing its third positive reading in the past four months. The index had dropped 21 points to -8.7 in September, its first
Community Bank grows downtown Syracuse presence with new South Side branch
SYRACUSE — Community Bank N.A. continued its expansion in Syracuse with the recent formal opening of a new branch office on the city’s South Side, an area currently undergoing revitalization. The bank, which is part of DeWitt–based Community Financial System, Inc. (NYSE: CBU), hosted an Oct. 11 ribbon-cutting event and community celebration, in partnership with
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