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NBT reports 18 percent profit growth in Q4 and 2024
NORWICH — NBT Bancorp, Inc. (NASDAQ: NBTB), the parent company of NBT Bank, N.A., reported strong profit growth for both the fourth quarter of 2024 as well as the full year 2024, following the integration of acquired Salisbury Bancorp, Inc., in August 2023. NBT generated fourth-quarter net income of $36 million, or 76 cents per […]
CFCU Credit Union partners with Brandmint on marketing efforts
ITHACA, N.Y. — CFCU Community Credit Union recently announced a strategic partnership with Brandmint — a Rochester–based full-service marketing agency, which has an Ithaca office
The Summit unveils its EarlyPay service
ROCHESTER — The Summit Federal Credit Union (The Summit) says its newest service is called EarlyPay. It allows Summit members — who have direct deposit into a checking account — to have their paychecks available up to one day earlier than their regular payday. The credit union cites a 2022 survey by the American Payroll
AmeriCU Investments launches Guided Wealth Portfolios
ROME — AmeriCU Investments has launched Guided Wealth Portfolios (GWP), an online investing platform designed to “simplify” wealth management for those looking to start their investment journey. AmeriCU Investments GWP “combine the convenience of digital investing with the personalized support” from AmeriCU’s virtual financial advisors, providing an opportunity for individuals seeking “accessible, professional” investment options,
KeyCorp to pay 1st quarter 2025 dividend in mid-March
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 first quarter of this year. The dividend is payable on March 14, to
Bank’s business leaders survey shows positive outlook for 25
SYRACUSE — Business leaders — including those in Central New York — are feeling a lot more optimistic heading in 2025 than they have in years, according to JPMorganChase’s 2025 Business Leaders Outlook survey. More than half of New York state business leaders are feeling confident in the national economy as fears of an impending
Adirondack Bank blog offers tips on outsmarting phishing scams
UTICA, N.Y. — In its Jan. 28 website blog, Adirondack Bank tackles a subject affecting many financial-services clients and consumers: phishing. Most people are familiar
AmeriCU Credit Union launches charitable foundation
ROME — AmeriCU Credit Union has formed AmeriCU Charitable Foundation, effective on Jan. 1, to support community-driven programs and work to improve the quality of life across its service areas. The foundation will also strengthen the credit union’s impact on the communities it serves and create lasting positive change, AmeriCU contends. “Our communities are the
Klein starts as KeyBank’s retail leader for CNY market
SYRACUSE — A veteran of the banking industry is now KeyBank’s (NYSE: KEY) retail leader for its Central New York market. Based in Syracuse, Ronald Klein, Jr. will lead sales, service, and talent-development efforts at all of KeyBank’s branches in the Central New York region, the bank said. Klein will also work with KeyBank’s line
ACMG Federal Credit Union rebranding to Salt City FCU
SOLVAY — ACMG Federal Credit Union on Jan. 22 announced it is rebranding and moving forward as Salt City Federal Credit Union (Salt City FCU). “Our new name honors Syracuse’s industrious past, the economic and natural resilience of our region and celebrates the growth, success and staying power of the credit union,” Bill Lester, chair
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