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M&T Bank to pay quarterly dividend of $1.20 per share on Sept. 30
M&T Bank Corporation (NYSE: MTB) recently announced that it has declared a quarterly cash dividend of $1.20 a share on its common stock. The dividend will be payable on Sept. 30 to shareholders of record as of the close of business on Sept. 1. M&T Bank Corp. is a financial-holding company headquartered in Buffalo. Its […]
Five Star Bank parent company to pay Q3 dividend in early October
WARSAW, N.Y. — Financial Institutions, Inc. (NASDAQ: FISI), parent 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 third-quarter dividend on Oct. 3, to shareholders of record on Sept. 16. It’s the same amount
Chemung Financial names Meade to board of directors
ELMIRA, N.Y. — Chemung Financial Corp. (NASDAQ: CHMG) announced that its board of directors has elected Joseph F. Meade IV to a seat on the board. Meade will stand for shareholder election of a two-year term at the banking company’s annual meeting of shareholders in June 2023. All directors of Chemung Financial also serve on
Visions CEO Muse receives AACUC Lifetime Achievement Award
ENDWELL, N.Y. — The African-American Credit Union Coalition (AACUC) recently announced Ty Muse, Visions Federal Credit Union (FCU) president and CEO, as the 2022 honoree of its Pete Crear Lifetime Achievement Award. The Pete Crear Lifetime Achievement Award recognizes “a credit union professional or volunteer whose career best embodies the AACUC’s mission to increase the
People news: Generations Bank names Seneca County market manager
SENECA FALLS, N.Y. — Generations Bank announced it has promoted Jenny Humphreys to market manager of Seneca County. In this position, Humphreys will manage two
New York awarded $500 million in ARPA funding to support small businesses
The federal government has awarded New York State just over $500 million in funding to support small businesses through the State Small Business Credit Initiative
Pathfinder Bancorp adds Crawford-Hamlin, Allyn to board of directors
OSWEGO — Pathfinder Bancorp, Inc. (NASDAQ: PBHC) has added Meghan Crawford-Hamlin and Eric Allyn to its board of directors. Crawford-Hamlin is president of institutional sales at BHG Financial, where she oversees the sales strategy for BHG across bank partnerships and strategic partners. She leads a national sales team focused on growing premium revenue and enhancing
Community Bank System to pay increased dividend on Oct. 10
DeWITT, N.Y. — Community Bank System, Inc. (NYSE: CBU) announced it will pay shareholders a quarterly cash dividend of 44 cents per share of its common stock on Oct. 10. The dividend, which is payable to shareholders of record as of Sept. 15, represents a rise of 1 cent, or 2.3 percent, over last quarter’s
N.Y. manufacturing index plunges on sharp decline in orders, shipments
A large drop in both orders and shipments were among the factors contributing to a 42-point decline to -31.3 in the general business-conditions index of the August Empire State Manufacturing Survey. It represents the second-largest monthly decline in the index on record, the Federal Reserve Bank of New York said. The August reading — based on
New York manufacturing index plummets in August, posting second largest monthly decline
The Empire State Manufacturing Survey general business-conditions index fell 42 points in August to -31.3, the second-largest monthly decline in the index on record. The
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