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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
MVCC uses COVID-relief funds to erase student debt
UTICA, N.Y. — Mohawk Valley Community College announced it has erased just over $1 million in unpaid balances for 809 students via the Higher Education
MVCC entrepreneur program receives funding from Berkshire Bank
UTICA, N.Y. — The Mohawk Valley Community College Foundation, Inc. received a $5,000 award from Berkshire Bank in support of the college’s Young Entrepreneurs Academy
People news: Generations Bank hires community event coordinator
SENECA FALLS, N.Y. — Generations Bank announced it has hired Rick Newman as its community event coordinator, a new position the bank created as part
People news: Tompkins promotes Cannon to branch manager
ITHACA, N.Y. — Tompkins Community Bank announced it has promoted Thomas Cannon to branch manager of its Plaza Office, located on South Meadow Street in
NBT provides financing for transformative Mohawk Valley projects
UTICA — NBT Bank officials say they are pumped about the economic and development transformation taking place in the Mohawk Valley and their role in helping to procure financing for some of the projects. “It’s a great story what’s going on in the Mohawk Valley,” John H. Watt, Jr., president and CEO of parent company
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