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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
Generations Bank appoints Parish VP, corporate secretary
SENECA FALLS, N.Y. — Generations Bank announced it has promoted Lori Parish to VP – corporate secretary. In her position, Parish holds several administrative roles
Community Bank System gets regulatory approval for Elmira Savings Bank acquisition
DeWITT, N.Y. — Community Bank System, Inc. (NYSE: CBU) on Friday announced that is has received regulatory approval from the U.S. Office of the Comptroller
Berkshire Bank names Morris regional president of New York region, including CNY
ALBANY, N.Y. — Berkshire Bank, a regional community bank with branches in New England and New York, recently appointed James J. Morris IV as its
NBT Bancorp hires Sparks as general counsel
NORWICH, N.Y. — NBT Bancorp Inc. (NASDAQ: NBTB) has hired M. Randolph (Randy) Sparks as executive VP and general counsel. In this position, Sparks will
New York manufacturing index surges back into positive territory in April
The Empire State Manufacturing Survey general business-conditions index soared in April, rising 36 points to 24.6, indicating a return to expansionary business conditions in the
Racker recognized as a certified living-wage employer in Tompkins County
ITHACA, N.Y. — Racker was recently certified as a “living wage employer” by the Tompkins County Workers’ Center. The living wage in Tompkins County is
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
SBA makes changes to Community Advantage pilot program
The Biden-Harris Administration on March 30 announced what it called “impactful reforms” to the U.S. Small Business Administration’s (SBA) Community Advantage pilot program. The changes seek to prioritize “equitable access to capital for low-income borrowers and those from underserved communities,” the SBA said. Vice President Kamala Harris and SBA Administrator Isabella Casillas Guzman announced the reforms. Changes announced
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