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Tioga State Bank adds Hoyt to commercial- lending team
SPENCER, N.Y. — Tioga State Bank recently announced the addition of Joseph Hoyt to its commercial-lending team. As a small-business lender, Hoyt works with individual businesses to help find financial solutions tailored to specific needs to help those businesses succeed. He is located at the bank’s branch on Fifth Avenue in Owego. Hoyt brings to […]
Burnout hitting consumer confidence, KeyBank survey finds
The KeyBank 2023 Financial Mobility Survey, released Jan. 9, finds Americans are in a “difficult” financial position as 55 percent faced financial challenges over the past year. The finding represents a “substantial” increase from the year prior (37 percent), with more than double the number of respondents saying their biggest financial faux pas involved budgeting issues
New CFO of Berkshire Bank parent begins his position
David Rosato — who served most recently as CFO of People’s United Financial, Inc., and prior to that as treasurer at Webster Financial Corporation — was set to join Berkshire on Feb. 6, as senior executive VP and CFO. In his new role, Rosato will serve as Boston–based Berkshire Hills Bancorp’s top financial leader. He
Visions FCU plans to build a new branch office in Oneonta
ONEONTA, N.Y. — Visions Federal Credit Union (FCU) says construction will start soon on its first branch in Oneonta. The new office will be located in the WellNow Plaza at 5001 State Highway 23, Visions said in its Jan. 30 announcement. The new office will allow individuals and businesses to conduct banking services, apply for
Visions donates $50K to American Foundation for Suicide Prevention
ENDWELL, N.Y. — Visions Federal Credit Union says it has donated $50,000 to the American Foundation for Suicide Prevention (AFSP) as part of “The Big Give” of 2022. Created by Visions in 2021, “The Big Give” is an annual initiative to make an “outstanding” charitable contribution to organizations performing community service within Visions’ three-state footprint,
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
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