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Banks & Credit Unions

VIEWPOINT: A Digital World: What’s in Store for Central New York

As the effects of the coronavirus continue to reshape our world, the next year will see several factors accelerating the shift to a more digital, hybrid future. We expect to see a continued focus on digital transformation as the driving force creating value for business owners. Below are some considerations of what will come next — […]

Northwoods takes over management of Generations Insurance Agency

The Northwoods Corporation, which has an office at 32 Broad Ave. in Binghamton, recently entered into a management agreement with the Generations Insurance Agency in Seneca Falls. The agreement means that Northwoods, which is headquartered near Buffalo, will manage the day-to-day operations of the Generations agency while Generations Bank retains ownership of it. Under the

Empower FCU appoints Carhart interim president and CEO

SYRACUSE, N.Y. — As Empower Federal Credit Union continues a search for its next CEO, the organization has turned to a longtime member of the executive team to lead the credit union on an interim basis. At the same time, Empower is also working with a firm that provides an online financial-literacy program to provide

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NBT names successor to retiring CNY Regional President Shirtz

SYRACUSE, N.Y. — The man who has been serving as Mohawk Valley regional president for NBT Bank is preparing for additional duties.  David Kavney will succeed Richard Shirtz as the Central New York regional president following the March 31 announcement that Shirtz is transitioning toward retirement. Kavney will also maintain his role leading the Mohawk

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