Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.

NBT Bank Regional President Shirtz to retire, successor named
SYRACUSE, N.Y. — Richard Shirtz, the Central New York (CNY) regional president for NBT Bank, plans to begin transitioning toward retirement, the bank announced Thursday.

M&T Bank names two to CNY Directors Advisory Council
SYRACUSE, N.Y. — M&T Bank recently appointed Alicia Dicks and Sheena Solomon to its Directors Advisory Council for the Central New York region. This 11-member council meets regularly to discuss business, customer, and community issues and provides insights to support M&T’s ongoing efforts to develop locally customized solutions and service models, the bank said in

SECNY plans to open new branch in Fairmount area of Camillus
CAMILLUS, N.Y. — SECNY Federal Credit Union (FCU) announced plans to open a new branch later this summer at 3508 West Genesee St. in Camillus,
Five Star Bank parent company increases quarterly dividend by more than 7 percent
WARSAW, N.Y. — Financial Institutions, Inc. (NASDAQ: FISI), parent of Five Star Bank, recently announced it is boosting its quarterly dividend by 7.4 percent. The banking company will pay a quarterly cash dividend of 29 cents per common share outstanding for the first quarter of this year, up from the 27 cents a share it

AmeriCU announces promotions and new hires
Alissa Sykes Tulloch was promoted to executive VP and chief operating officer to lead the credit union’s growth initiatives. Tulloch joined AmeriCU in 2020 as

Visions adds Planning with Purpose as investment partner
JOHNSON CITY, N.Y. — Visions Investment Services, the wealth-management division of Visions Federal Credit Union, has added the firm Planning with Purpose to its slate

Gainey hired to manage Pathfinder Bank’s newest branch
SYRACUSE, N.Y. — Pathfinder Bank has hired Shynique Gainey as assistant VP, branch manager for the bank’s new, upcoming Syracuse office, to be located at

Community Bank System to pay dividend of 43 cents per share in April
DeWITT, N.Y.— Community Bank System, Inc. (NYSE: CBU) recently announced that it has declared a quarterly cash dividend of 43 cents a share on its common stock. The dividend will be payable on April 11 to shareholders of record as of March 15. The quarterly payment represents an annualized yield of about 2.35 percent, based

Oswego Health honors Pathfinder Bank with Community Partner Award
OSWEGO, N.Y. — Oswego Health recently recognized Pathfinder Bank with its Community Partner Award. The Community Partner Award is designed to honor a corporation or a foundation that “demonstrates outstanding commitment through financial support and through encouragement and motivation of others to take a leadership role toward philanthropy and community involvement,” according to an Oswego

New York manufacturing index turns slightly positive again in February
The Empire State Manufacturing Survey general business-conditions index moved back into positive territory in February to 3.1. The index — the monthly gauge on New York’s manufacturing sector — had plummeted in January to -0.7, ending 18 months of positive readings including the 31.9 index number in December. The February reading — based on firms
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.