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

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

People news: Jones named chief marketing officer at Five Star Bank
ROCHESTER, N.Y. — Financial Institutions, Inc. (NASDAQ: FISI), parent company of Five Star Bank, announced that it has hired Blake Jones as its new senior
Onondaga County hotels post positive business data so far in 2023
SYRACUSE, N.Y. — Onondaga County hotels generated solid increases in a trio of indicators of business activity in the first seven months of 2023, according to a recent report. The county’s hotel-occupancy rate (rooms sold as a percentage of rooms available) rose 4.9 percent to 59.3 percent year to date through July, compared to the

Community Bank donates $50K to Oswego Health Foundation Endowment Fund
OSWEGO, N.Y. — DeWitt–based Community Bank (NYSE: CBU) recently donated $50,000 to the Oswego Health Foundation Endowment Fund “to support the fund and the transformation

Five Star Bank parent company to pay Q3 dividend of 30 cents a share in early October
WARSAW, N.Y. — Financial Institutions, Inc. (NASDAQ: FISI), parent company of Five Star Bank, recently 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 third-quarter dividend on Oct. 2, to shareholders of record on Sept. 14. At Financial Institutions’

Berkshire Bank’s parent company pays dividend for third quarter
Berkshire Hills Bancorp, Inc. (NYSE: BHLB) — parent company of Berkshire Bank, which has a significant presence in the Mohawk Valley area — recently announced that its board of directors has approved and paid a quarterly cash dividend of 18 cents a common share. The dividend was payable on Aug. 31, to shareholders of record

Visions FCU, SU launch new program for student veterans
SYRACUSE. N.Y. — Visions Federal Credit Union (FCU) is working with Syracuse University (SU) on a success program targeting student veterans. Visions FCU and SU’s
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.