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

Syracuse Fire Department Employees FCU names new CEO
SYRACUSE, N.Y. — The board of directors of the Syracuse Fire Department Employees Federal Credit Union (SFDEFCU) announced it has promoted Roxane Bowering to be the credit union’s next CEO. “After an extensive search, the Board of Directors is pleased to announce the appointment of Ms. Bowering to this position. She brings a wealth of […]

Pathfinder Bank appoints Fulton branch manager
FULTON, N.Y. — Pathfinder Bank says it has promoted Jennifer Kaljeskie to assistant VP, branch manager of its Fulton office, located at 5 W. First St. S. Kaljeskie joined Pathfinder Bank in 2020 as the assistant branch manager of the bank’s Central Square location. In her new role, Kaljeskie will be responsible for developing retail

Generations Bank promotes Humphreys to assistant VP
SENECA FALLS, N.Y. — Generations Bank announced it has promoted Jenny Humphreys to assistant vice president (AVP), in addition to her role as market manager of Seneca County. Humphreys will continue to manage two Generations Bank retail offices in Seneca County, including the flagship branch in Seneca Falls and the office on North Road in

The funding seeks to help several nonprofit organizations in Central New York to support workforce development and community initiatives. These grants are part of KeyBank’s

Survey finds inflation, labor concerns mixed with optimism
SYRACUSE, N.Y. — While a majority of small- and mid-sized businesses anticipate a recession this year, according to JPMorgan Chase & Co.’s 2023 annual Business Leaders Outlook survey, the outlook is not all doom and gloom according to one area market leader. A total of 65 percent of mid-sized businesses and 61 percent of small

N.Y. manufacturers expect little improvement over the next six months
The index for future business conditions in the January Empire State Manufacturing Survey held steady at 8.0, suggesting that firms expect little improvement over the next six months. New orders and shipments are expected to rise somewhat, while employment is expected to increase “only modestly,” the Federal Reserve Bank of New York said in its Jan.

Solvay Bank’s Fernandez appointed to Home HeadQuarters board
SYRACUSE, N.Y. — Solvay Bank recently announced that Michele Fernandez, VP, enterprise risk manager & CRA officer, has recently been elected to join the Home HeadQuarters Inc. (HHQ) board of directors as a private-sector member. Fernandez joined Solvay Bank in 1991 and leads the bank’s enterprise risk management department. In addition to being elected to

Investment boosts Launch NY program for underserved entrepreneurs
“We’ve historically served about 40% minority- and/or women-led companies, so we are incredibly grateful that JPMorgan Chase recognizes the importance of doing even more to support underrepresented founders,” Marnie LaVigne, president and CEO of Launch NY, said. “We welcome others to join their lead as well, because we know we have only scratched the surface

Pathfinder Bancorp to pay 4th quarter dividend of 9 cents per share in February
OSWEGO, N.Y. — Pathfinder Bancorp, Inc. (NASDAQ: PBHC), the bank holding company of Pathfinder Bank, recently declared a quarterly cash dividend of 9 cents a share on its common stock. The fourth quarter 2022 dividend will be payable to all shareholders of record on Jan. 17, and will be paid on Feb. 10, according to

Chemung Financial pays Q4 quarterly dividend of 31 cents a share
ELMIRA, N.Y. — Chemung Financial Corp. (NASDAQ: CHMG) recently announced that its board of directors has approved a quarterly cash dividend of 31 cents per share of its common stock. The banking company will pay the dividend on Jan. 3, to shareholders of record as of the close of business on Dec. 20. Chemung Financial
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.