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

Auburn Community Federal Credit Union prepares to open Onondaga County branch
The credit union will announce an opening date and plans for the grand opening soon. ACFCU purchased the 3,100-square-foot former M&T location last November and

Survey: New York state manufacturing activity rises modestly in June
New orders and shipments were again factors as the general business-conditions index of the monthly Empire State Manufacturing Survey bounced back into positive territory in June by climbing 38 points to 6.6. The general business-conditions index is the monthly gauge of New York’s manufacturing sector. It’s been going up and down like a yo-yo the

AmeriCU names Todd to new North Country position
FORT DRUM, N.Y. — AmeriCU Credit Union announced it has appointed Michael Todd as the new small-business relationship manager of the credit union’s North Country

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