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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
Empower FCU readies for new leadership in 2023
SYRACUSE — Empower Federal Credit Union (FCU) will have new leadership beginning in early 2023. The credit union on Dec. 15 announced Ryan McIntyre as its next president and CEO, effective Jan. 3. McIntyre will assume the duties that Brenda Carhart has been handling on an interim basis. Empower’s board of directors appointed Carhart as
New York manufacturing index turns negative again in December
The Empire State Manufacturing Survey general business-conditions index fell 16 points to -11.2 in December, pointing to a slowdown in manufacturing activity in the state. The general business-conditions index is the monthly gauge of New York’s manufacturing sector. The index had climbed 14 points to 4.5 in November after declining 8 points to -9.1 in
NBT Bank hires new talent acquisition manager
NORWICH, N.Y. — Catherine Raymond has recently joined NBT Bank as talent acquisition manager. Raymond brings more than a decade of experience she will use
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
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