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Banks & Credit Unions

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

Chemung Financial reports Q3 profit increase of 17 percent

ELMIRA, N.Y. — Chemung Financial Corp. (NASDAQ: CHMG), the parent company of Chemung Canal Trust Company, recently reported third-quarter net income of $7.6 million, or $1.61 per share, up nearly 17 percent from $6.5 million, or $1.37 a share, in the year-ago quarter. When adjusted for non-recurring items, Chemung Financial posted quarterly earnings of $1.21

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Berkshire Bank’s parent company to pay Q4 dividend of 18 cents on Nov. 30

Berkshire Hills Bancorp, Inc. (NYSE: BHLB) — parent company of Berkshire Bank, which has a large presence in the Mohawk Valley region — recently announced that its board of directors has approved a quarterly cash dividend of 18 cents per common share. The dividend is payable on Nov. 30, to shareholders of record as of

Tompkins Financial to pay quarterly dividend of 60 cents on Nov. 15

ITHACA, N.Y. — Tompkins Financial Corp. (NYSE: TMP) recently announced that its board of directors has approved payment of a regular quarterly cash dividend of 60 cents a share for the latest quarter.  The dividend is payable on Nov. 15, to common shareholders of record on Nov. 7.  At Tompkins Financial’s current stock price, the

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