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Finance director, CPA joins Generations Bancorp NY board
SENECA FALLS, N.Y. — Generations Bancorp NY, Inc., the holding company for Generations Bank, recently added Alicia Pender to its board of directors The addition of Pender, effective May, 18, came after the retirement of Dr. August P. Sinicropi from the board in May after his 30 years of service. Pender is the director of […]
Community Bank System to pay Q2 dividend of 44 cents per share in July
DeWITT, N.Y. — Community Bank System, Inc. (NYSE: CBU) — parent company of Community Bank, N.A. — announced that it has declared a cash dividend of 44 cents a share on its common stock for the second quarter. The dividend will be payable on July 10, to shareholders of record as of June 15. The
Summit FCU receives NCUA’s ‘well capitalized’ rating
The National Credit Union Administration (NCUA) has the Summit Federal Credit Union (FCU) rated as “well capitalized,” representing NCUA’s highest rating category for credit union net worth. Kofi Appiah Okyere, treasurer of the Summit FCU board of directors, shared the information during the organization’s May 10 annual meeting. He was discussing the credit union’s financial
Visions FCU assets grow more than $2B under decade-long leadership of CEO Muse
ENDWELL, N.Y. — The assets of Endwell–based Visions Federal Credit Union have grown by more than $2.3 billion in the 10 years in which Ty Muse has served as its president and CEO. Visions now employs more than 900 employees, who serve more than 250,000 members through its bilingual contact center, digital banking, hundreds of
AmeriCU names manager of new Virtual Financial Center
ROME, N.Y. — AmeriCU Credit Union announced it has hired Mark DeCilles as manager of its new Virtual Financial Center. Recently launched, the Virtual Financial Center gives members access to credit-union services online from anywhere with a team able to handle transactions, inquiries, and applications virtually. It offers live chat, audio calls, and video chat.
CFCU names new chief production officer
ITHACA, N.Y. — CFCU Community Credit Union recently announced that it has appointed William Crane as its new chief production officer. In this role on the credit union’s executive-leadership team, Crane is responsible for the development, implementation, and oversight of a formal business-development plan for the growth and expansion of the credit union. Crane
AmeriCU launches virtual financial center for members
ROME, N.Y. — AmericCU Credit Union has launched its new virtual financial center, providing members the means to efficiently manage their finances from anywhere. The
KeyCorp to pay 2nd quarter dividend in mid-June
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 second quarter of this year. The dividend is payable on June 15, to
N.Y. manufacturing index plunges back into negative territory
The benchmark index measuring manufacturing activity in New York state returned to negative territory in May. The Empire State Manufacturing Survey’s general business-conditions index plummeted 43 points in the fifth month of the year to -31.8 as business activity “declined significantly,” according to a May 15 report from the Federal Reserve Bank of New York.
People news: Fulton Savings Bank hires Roman as chief lending officer
FULTON, N.Y. — Fulton Savings Bank announced it has appointed Thomas W. Roman as senior VP and chief lending officer. He started in his new
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