Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.

Chemung Financial to pay Q4 dividend of 31 cents in early January
ELMIRA, N.Y. — Chemung Financial Corp. (NASDAQ: CHMG) recently announced that its board of directors has approved a quarterly cash dividend of 31 cents a share of its common stock. The banking company will pay the dividend on Jan. 2, to shareholders of record as of the close of business on Dec. 19. At Chemung […]

CNYSME selects OneGroup CEO Morrisseau for 2024 Crystal Ball Award
SYRACUSE, N.Y. — The Central New York Sales & Marketing Executives (CNYSME) has selected Pierre Morrisseau, CEO of OneGroup, as the 47th recipient of its

Generations Bank names new president and CEO
Seneca Falls–based Generations Bank on Tuesday announced the appointment of Angela Krezmer as its new president and CEO. The bank had appointed Krezmer as the

KeyCorp to pay fourth-quarter dividend in mid-December
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 fourth quarter of this year. The dividend is payable on Dec. 15 to

Brunet takes corporate and nonprofit experience to new role at Community Bank
DeWITT, N.Y. — After decades of experience in the corporate and nonprofit worlds, Pam Brunet is excited about putting that experience to work in a newly created position at Community Bank, N.A., a unit of Community Bank System, Inc. (NYSE: CBU). Brunet spent 17 years at Bristol Myers Squibb in DeWitt, where she was responsible

Five Star Bank parent company to pay Q4 dividend of 30 cents a share in early January
WARSAW, N.Y. — Financial Institutions, Inc. (NASDAQ: FISI), parent company of Five Star Bank, announced that its board of directors has approved a quarterly cash dividend of 30 cents per common share outstanding. The banking company will pay the fourth-quarter dividend on Jan. 2, to shareholders of record on Dec. 14. At Financial Institutions’ current

People news: Tompkins Community Bank names Huey residential mortgage loan officer
ITHACA, N.Y. — Tompkins Community Bank announced it has appointed Sherri Huey as assistant VP, residential mortgage loan officer. Huey retired from M&T Bank while

NBT’s Syracuse financial center is up and running in The Post
SYRACUSE, N.Y. — The employees working at NBT Bank’s Syracuse financial center are getting accustomed to its new location inside The Post at 101 N. Salina St. in Syracuse. The bank on Nov. 16 formally opened its relocated Syracuse financial center. “It provides us with very collaborative workspace for our team,” David Kavney, NBT Bank
N.Y. manufacturing index turns positive again in November
The Empire State Manufacturing Survey general business-conditions index bounced back into positive territory by rising 14 points to 9.1 in November, its highest reading since April. The index had turned negative in October by declining 7 points to -4.6. The general business-conditions index is the monthly gauge of New York’s manufacturing sector. Based on firms

KeyBank honors Syracuse–area business owner at annual Key4Women awards
SYRACUSE, N.Y. — KeyBank has honored a town of Salina business owner as its 2023 Key4Women Achieve Award winner. KeyBank’s Key4Women Syracuse chapter recognized Susan
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.