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Community Bank appoints Durkee as New England president
DeWITT, N.Y. — Community Bank System, Inc. (NYSE: CBU) recently announced it has appointed Matthew K. Durkee as senior VP and New England president of Community Bank, N.A. He will be based at Community Bank’s New England headquarters, located in Williston, Vermont. The banking company’s overall headquarters is in DeWitt. Prior to joining Community Bank, […]
Cooperative Federal buys Erie Boulevard building for branch, headquarters
SYRACUSE, N.Y. — Syracuse Cooperative Federal Credit Union (Cooperative Federal) has purchased the building at 1816 Erie Boulevard East in Syracuse, which will become the credit union’s headquarters and largest branch. Once the Erie Boulevard office opens, it will replace the credit union’s branch at 723 Westcott St., which is about one mile from the
NBT names Truesdale commercial process management leader
VESTAL, N.Y. — NBT Bank recently announced the promotion of Kellyanne Truesdale to commercial process management leader. Truesdale will work to drive improvements in both employee and customer experience while also serving as compliance coordinator for the banking company’s commercial division. She joined NBT Bank in 2007 and most recently served as commercial relationship manager.
KeyCorp to pay first-quarter dividend in mid-March
KeyCorp (NYSE: KEY) — parent of KeyBank, the No. 2 bank ranked by deposit market share in the 16-county Central New York area — has declared a quarterly cash dividend of 19.5 cents per share of its common stock for the first quarter. The dividend is payable on March 15, to holders of record as of the
ACFCU pins growth plans on expansion into Onondaga County
AUBURN, N.Y. — The opening of its first branch office in Onondaga County later this year is the first step of what Auburn Community Federal Credit Union’s (ACFCU) leader hopes will be several growth steps for the financial institution. A 2016 charter change allowed the credit union to offer membership to those who live, work,
Five Star Bank to offer digital bitcoin services
WARSAW, N.Y. — Five Star Bank, a subsidiary of Financial Institutions, Inc. (NASDAQ: FISI), announced that it will become one of the first financial institutions in the U.S. to enable its banking clients to securely buy, sell, and hold bitcoin, powered by NYDIG. NYDIG is a bitcoin company based in New York City. Five Star
Visions CEO enters Credit Union Executives Society Hall of Fame
The top official of Endwell–based Visions Federal Credit Union has earned Hall of Fame recognition. Tyrone Muse, president and CEO of Visions, is now a member of the Credit Union Executives Society (CUES) Hall of Fame. CUES, which says it is a talent-development leadership organization, on Dec. 28 announced the winners of its annual awards and
The Summit FCU donates $3,000 to Syracuse PAL
SYRACUSE, N.Y. — The Summit Federal Credit Union (FCU) on Jan. 14 donated $3,000 to the Syracuse Police Athletic/Activities League (PAL) in an event held at the Syracuse Police Department. The presentation was arranged to follow and acknowledge National Law Enforcement Day on Jan. 9, the Summit said. Syracuse PAL partners with the Syracuse Police
Tompkins Financial to pay Q1 dividend on Feb. 15
ITHACA, N.Y. — Tompkins Financial Corp. (NYSE: TMP) recently announced that its board of directors approved payment of a regular quarterly cash dividend of 57 cents per share for the first quarter. The dividend is payable on Feb. 15, to common shareholders of record on Feb. 8. The dividend is the same amount that the
NBT Bank opens new permanent branch office in DeRuyter
DeRUYTER, N.Y. — NBT Bank recently marked the opening of its new permanent branch office at 750 Utica St. in DeRuyter. The bank began serving the DeRuyter community in September 2020 at its temporary location in the Genevieve D. Staley Civic Center. “When we first entered the DeRuyter community we saw a need for local, relationship-based
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