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Five Star Bank parent to pay fourth-quarter dividend in early January
WARSAW, N.Y. — Financial Institutions, Inc. (NASDAQ: FISI), parent company of Five Star Bank, recently announced that its board of directors has approved a quarterly cash dividend of 29 cents per common share outstanding. The banking company will pay the fourth-quarter dividend on Jan. 3, to shareholders of record on Dec. 16. At the banking […]
M&T Bank to pay quarterly dividend of $1.20 a share on Dec. 30
M&T Bank Corporation (NYSE:MTB) recently announced that it has declared a quarterly cash dividend of $1.20 per share on its common stock. The dividend will be payable on Dec. 30 to shareholders of record as of the close of business on Dec. 1. M&T Bank Corp. is a financial-holding company headquartered in Buffalo. Its main banking
SBA offers tips, resources as COVID loan repayments begin
SYRACUSE, N.Y. — Throughout the COVID-19 pandemic, the U.S. Small Business Administration (SBA) made more than $390 billion worth of direct working-capital loans to more than 3.9 million small businesses. In the Central New York region alone, 5,638 loans totaling over $580.25 million were approved. Now, these COVID Economic Injury Disaster Loans (EIDL) are beginning
Pathfinder’s 2nd Syracuse branch is in former Hanford House
SYRACUSE — The second Syracuse branch office for Oswego–based Pathfinder Bank is operating in a renovated structure that was originally built in the early 1900s. The branch at 506 W. Onondaga St. in Syracuse represents Pathfinder’s fourth banking office in Onondaga County. It started operations on Nov. 14. The new branch is repurposed from the
Empower Federal Credit Union names new president and CEO
SYRACUSE, N.Y. — Empower Federal Credit Union (FCU) on Thursday announced Ryan McIntyre as the credit union’s next president and CEO, effective Jan. 3. McIntyre
Syracuse small businesses can apply for ARPA loans through SEDCO
SYRACUSE, N.Y. — Small businesses in the city of Syracuse can again apply for loan funding from Syracuse’s allocation from the American Rescue Plan Act
Pathfinder Bank settles into second downtown Syracuse branch
SYRACUSE, N.Y. — Oswego–based Pathfinder Bank has opened a branch office at 506 W. Onondaga St. in Syracuse, representing its fourth banking office in Onondaga
NBT’s Salisbury acquisition paves the way for growth
NORWICH, N.Y. — The planned acquisition of Salisbury Bancorp, Inc. (NASDAQ: SAL) will help NBT Bancorp, Inc. (NASDAQ:) bridge the geographical gap between its existing branches and set it up for future growth along the state’s “chip corridor” from Syracuse to Poughkeepsie. The banking companies announced the $204 million, all-equity deal on Dec. 5, with
KeyCorp boosts quarterly dividend by 5 percent in Q4
KeyCorp (NYSE: KEY) — parent of KeyBank, the No. 2 bank ranked by deposit market share in the 16-county Central New York area — has declared a quarterly cash dividend of 20.5 cents per share of its common stock for the fourth quarter. The dividend is payable on Dec. 15, to holders of record as
Cazenovia College to close its doors after spring 2023 semester
CAZENOVIA, N.Y. — Cazenovia College announced Wednesday it will shutter at the end of the 2022-2023 academic year due to financial problems. “We’re deeply disappointed
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