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N.Y. manufacturing index slides into negative territory in December
The Empire State Manufacturing Survey general business-conditions index fell 24 points to -14.5 in December, pointing to a decline in the sector, according to the latest monthly report from the Federal Reserve Bank of New York. The index had gained 14 points to 9.1 in November, its highest reading since April, after declining 7 points […]
AmeriCU names Bonney as Watertown branch manager
WATERTOWN, N.Y. —AmeriCU Credit Union announced it has appointed Andrew Bonney as manager of its Watertown financial center. As manager, Bonney’s role includes supervising and
SECNY FCU board appoints Vassallo as executive VP
ONONDAGA, N.Y. — The board of directors of SECNY Federal Credit Union (FCU) recently announced the appointment of Peter Vassallo as the credit union’s new
Solvay Bank plans Mohawk Valley commercial-banking expansion in 2024
SOLVAY, N.Y. — Onondaga County–based Solvay Bank announced it is expanding its commercial-banking services in the Mohawk Valley region in the new year. The bank
Solvay Bank, FHLBNY award grants to small businesses, nonprofits
Solvay Bank awarded the grants to the 10 local recipients in December. “As a community bank, we believe in the power of small businesses and
Community Bank announces plans for new corporate headquarters
DeWITT, N.Y. — Community Bank on Friday announced it will relocate its corporate headquarters and data center from 5790 Widewaters Parkway to 333 Butternut Drive
People news: Tompkins Community Bank names manager for two Syracuse–area branches
SYRACUSE, N.Y. — Tompkins Community Bank announced that Amy Phelps has joined the bank as a multi-site manager for its two branches in the Syracuse
SECNY FCU CEO Bobesky to retire in 2024, new CEO named
ONONDAGA, N.Y. — SECNY Federal Credit Union (FCU) says Walter Bobesky, who had served as CEO for 32 years, plans to retire in 2024. The
Tioga State Bank’s Fisher named to Federal Home Loan Bank of New York board
SPENCER, N.Y. — The Federal Home Loan Bank of New York (FHLBNY) has elected Tioga State Bank President/CEO Robert M. Fisher to serve a four-year term on its board as a member director representing New York. Fisher will serve Jan. 1, 2024, through Dec. 31, 2027. FHLBNY is a congressionally chartered, wholesale bank with a
Adirondack Bank announces board leadership changes
UTICA, N.Y. — Adirondack Bank Chairman H.T. (Tom) Clark, Jr. will transition to chairman emeritus, effective on Jan. 1, 2024, the bank announced on Dec. 7. He will remain a director on the bank’s board of directors and act as a consultant to the bank while his son, current Vice Chairman Robert Clark, will become
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