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New York manufacturing index dips back into negative territory in October
The Empire State Manufacturing Survey general business-conditions index fell seven points to -4.6 in October. The benchmark index had climbed 21 points in September to
SFCU merges with Edge Federal Credit Union
LIVERPOOL, N.Y. — Edge Federal Credit Union has merged with Sidney Federal Credit Union (SFCU) in a deal approved by Edge members on Sept. 19. The combination helps solidify SFCU’s entry into Onondaga County while also providing Edge members new products and enhanced services, SFCU President/CEO Jim Reynolds says. Edge got its start in 1956,
SBA appoints new director of the Syracuse-Upstate New York district office
SYRACUSE, N.Y. — The U.S. Small Business Administration (SBA) has named Daniel Rickman the new district director of its Syracuse-Upstate New York district office. Rickman’s
SBA Syracuse-Upstate district office seeks nominations for 2024 National Small Business Week Awards
SYRACUSE, N.Y. — The Syracuse-Upstate New York district office of the U.S. Small Business Administration (SBA) says it is seeking nominations for the 2024 National
Community Bank Trust Services changes name to Nottingham Trust
DeWITT, N.Y. — Community Bank Trust Services, the personal trust and custodial services provider subsidiary of Community Bank System, Inc. (NYSE: CBU), underwent a name change in August to Nottingham Trust. The change comes almost a year after the creation of Nottingham Wealth in late 2022. Nottingham Wealth combined the financial planning and investment capabilities
New York manufacturing activity bounces back in September
The Empire State Manufacturing Survey general business-conditions index rebounded into positive territory by rising 21 points in September to 1.9. The index had plummeted 20 points in August to -19 after declining six points in July to 1.1. The general business-conditions index is the monthly gauge on New York’s manufacturing sector. The September reading —
People news: KeyBank names VP, area retail leader
SYRACUSE, N.Y. — Kevin Westcott has joined KeyBank as VP, area retail leader, the bank announced. In this role, he is based in Key’s downtown
People news: AmeriCU names Rome financial center manager
ROME, N.Y. — AmeriCU Credit Union has named Ashten Roberts financial center manager of the credit union’s Rome location in Griffiss Business and Technology Park.
Interest-rate hikes impact Salina 1st project
SYRACUSE — A partner in the Salina 1st project the effort is now working on an updated schedule prompted by all the recent interest-rate increases. The Salina 1st project site is located south of downtown Syracuse at 1081 S. Salina St., across from the JMA Wireless campus. Salina 1st describes itself as Syracuse’s first minority
NBT helps finance growth of housing in Syracuse
SYRACUSE — With housing a top concern in Syracuse now and looking ahead to when Micron arrives, NBT Bank is working with organizations to do its part to alleviate the housing strain. The latest such project, in partnership with Housing Visions Unlimited, Inc., is the Creekside Landing project, which will bring about 200 new homes
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