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People news: Barclay Damon adds attorney in Syracuse office
SYRACUSE, N.Y. — Barclay Damon announced that Christopher Babiarz has recently joined the law firm’s real estate and institutions & lending practice areas as an
People news: Visions Federal Credit Union hires new community development manager
ENDWELL, N.Y. — Visions Federal Credit Union announced it has hired Hanna Mitchell as community development manager. In this role, Mitchell leads the Visions Cares
Fetsko to step down from dual role at Tompkins Financial
ITHACA, N.Y. — After 27 years of service to the company, Francis M. Fetsko will retire this fall from his roles as chief financial officer
Visions holds annual meeting, announces board appointments
ENDWELL, N.Y. — Visions Federal Credit Union elected three directors to its board of directors during the credit union’s 57th annual meeting, which was held recently at its headquarters located in Endwell. In addition, a special reorganization meeting following the annual meeting included the election of new officers and appointments, per an April 11 news
Community Bank earnings drop after securities-sale losses
DeWITT, N.Y. — Community Bank System, Inc. (NYSE: CBU), parent company of Community Bank, N.A., recently reported that its earnings plummeted in the first quarter, with net income falling nearly 88 percent to $5.8 million from $47.1 million a year ago, in the wake of a balance-sheet repositioning. Earnings per share dropped nearly as much,
Financial literacy is a business must, banker says
DeWITT, N.Y. — Often thought of as something for individual consumers, financial literacy can be an important element of business ownership, according to one area banking professional. There are really two prongs to financial literacy for business owners, says Laura Mattice, Community Reinvestment Act officer at Community Bank, N.A. The first prong is really understanding
Solvay Bank announces promotions in branch administration
SOLVAY, N.Y. — Solvay Bank announced the recent promotions of Caitlin Wynn and Jan Lighton in its Branch Administration Department. Wynn has been promoted to retail operations specialist at Solvay Bank. She has previously held the roles of head teller, banking-solutions representative, and assistant branch manager. Wynn graduated from Saints Peter and Paul Catholic College.
AmeriCU CEO says the credit union remains financially strong
ROME, N.Y. — Rome–based AmeriCU Credit Union “remains financially strong and well-capitalized.” That’s part of the message that Ronald Belle, president and CEO of AmeriCU, delivered to the credit union’s annual membership meeting held March 13. John Stevenson, chairman of the AmeriCU board of directors, also addressed the current membership on the credit union’s financial
Berkshire Bank parent’s Q1 net income rises 37 percent
Berkshire Hills Bancorp (NYSE:BHLB) — the parent company of Berkshire Bank, which has a major presence in the Mohawk Valley — reported first-quarter net income of $27.6 million, or 63 cents a share, up nearly 37 percent from $20.2 million, or 42 cents, in the year-ago quarter. While the results matched those forecast by Zacks
Visions FCU opens newly rebuilt branch in Tioga County
NEWARK VALLEY, N.Y. — The newly reconstructed branch office of Visions Federal Credit Union (FCU) in Newark Valley in Tioga County is now open. The branch opening concludes a year-long project to tear down and rebuild the structure at 7198 State Route 38, Visions FCU said in its April 5 announcement. The new office includes
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