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Community Bank System’s Q3 profit slips 9 percent
DeWITT, N.Y. — Community Bank System, Inc. (NYSE: CBU) — parent of Community Bank, N.A. — reported net income of $44.1 million, or 82 cents a share, in the third quarter, down 9.4 percent from $48.7 million, or 90 cents per share, in the same quarter a year ago. The earnings dip primarily resulted from […]
AmeriCU names Wood assistant VP of strategic partnerships
ROME, N.Y. — AmeriCU Credit Union recently promoted Heather Wood to assistant VP of strategic partnerships, a role in which she will build and maintain partnerships that align with the credit union’s strategic goals. Wood brings more than 20 years of experience in the industry to the new role, where she will work with internal
People news: AmeriCU Investment Services adds virtual financial advisor
ROME, N.Y. — AmeriCU Credit Union announced it has added David Brown to the AmeriCU Investment Services staff as a virtual financial advisor — serving
Amphitheater at Lakeview has a new name, big concert coming next June
GEDDES, N.Y. — The Amphitheater at Lakeview, which has hosted several high-profile music concerts in recent years, now has a new name and another big
Rickman now leading SBA Syracuse-Upstate district office
SYRACUSE, N.Y. — The U.S. Small Business Administration (SBA) recently announced it has named Daniel Rickman the new district director of its Syracuse-Upstate New York district office. The SBA also says it is seeking nominations for the 2024 National and District Small Business Week Awards. New district director Rickman succeeds the previous director, Bernard J.
New York manufacturing index turns negative again in October
A benchmark gauge of manufacturing activity in New York state slipped into negative territory again in October, pointing to a decline in the sector. The general business-conditions index of the October Empire State Manufacturing Survey fell 7 points to -4.6 on factors that included declines in new orders, shipments, and unfilled orders. The index had
IAED hopes to soon hit funding goal of 5-year investment initiative
ITHACA, N.Y. — Ithaca Area Economic Development (IAED) has reached 65 percent of its $2.1 million goal in its five-year investment initiative and hopes to reach the goal over the next few months. IAED announced the public launch of its five-year investment initiative — Th!nk Tompkins — on Sept. 21 during a private reception held
SUNY uses sustainability bonds to raise $113M for its residency-hall program
ALBANY, N.Y. — SUNY says the Dormitory Authority of the State of New York (DASNY) raised $113 million to support SUNY’s residence-hall program. DASNY raised the funding through its first-ever issuance of sustainability bonds, per a Sept. 13 announcement. The authority issued SUNY dormitory facilities revenue bonds with a sustainability designation. SUNY will use proceeds
Generations Bank CEO Menzo Case dies at age 59
SENECA FALLS, N.Y. — Menzo Case, longtime president and CEO of Generations Bank in Seneca Falls, died last Friday, Oct. 13 surrounded by his family,
AIS sponsors suites at Adirondack Bank Center
UTICA, N.Y. — Rome–based Assured Information Security (AIS) announced it is the exclusive sponsor of the AIS Executive Suites at the Adirondack Bank Center at
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