Get our email updates
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
What's New
Upcoming Events
CNYBJ Job Board
Banks & Credit Unions
Community Bank System appoints Knauss as new independent director
DeWITT, N.Y. — Community Bank System, Inc. (NYSE: CBU) recently announced it has appointed Jeffery (Jeff) Knauss to its board of directors as a new independent director. His election expands the banking company’s board to 13 directors, 12 of whom are independent. Knauss was also appointed to the board of directors of Community Bank, N.A., […]
KeyBank acquires payments company
KeyBank National Association last month announced that it has acquired XUP Payments, a B2B-focused digital-payments platform. KeyBank, a unit of Cleveland, Ohio–based KeyCorp, ranks No. 2 in deposit market share in the 16-county Central New York region. The bank says Charlotte, N.C.–based XUP’s technology “enables simple, intuitive, client onboarding and servicing experiences.” XUP has integrated
M&T Bank to pay increased quarterly dividend for Q4 on Dec. 31
M&T Bank Corporation (NYSE: MTB) recently announced that it has declared a quarterly cash dividend of $1.20 per share on its common stock for the fourth quarter. The dividend is up 10 cents, or 9 percent, from the $1.10 per share that the banking company paid shareholders in the third quarter. M&T Bank will pay
Syracuse small businesses can apply for pandemic-relief loans
SYRACUSE, N.Y. — Interested Syracuse small businesses have until Dec. 31 at 12 p.m. to apply for loans as part of the first round of new small-business lending programs funded by the American Rescue Plan Act (ARPA). The Syracuse Economic Development Corporation (SEDCO) on Dec. 3 started accepting applications for the $1 million that’s available
Fulton Savings Bank names new CEO
FULTON, N.Y. — Fulton Savings Bank (FSB) announced it has named Pamela D. Caraccioli as its new president and CEO. She succeeds Michael J. Pollock,
Utica Gas & Electric FCU names Brown president and CEO
NEW HARTFORD, N.Y. — Utica Gas & Electric Federal Credit Union (FCU) recently announced Lori Brown as its new president and CEO. She succeeds John
Five Star Bank parent company to pay Q4 dividend in early January
WARSAW, N.Y. — Financial Institutions, Inc. (NASDAQ: FISI), parent of Five Star Bank, recently announced that its board of directors has approved a quarterly cash dividend of 27 cents per share of its common stock for the fourth quarter. Financial Institutions said it will pay its quarterly dividend on Jan. 3, to shareholders of record
AmeriCU opens education and administrative center in Clay
CLAY, N.Y. — AmeriCU has opened an administrative and education center at 7466 Oswego Road in Clay. The new, multi-use facility will provide credit-union employees
NBT Bank promotes two in human resources division
Butcher joined NBT Bank in 2011 as director of organizational development. He has more than 20 years of experience, including serving as manager of organizational effectiveness for MWV. Butcher earned a bachelor’s degree from SUNY Oswego. He holds a certification in organization development from the National Training Lab Institute for Applied Behavioral Science and a
Community Bank System to pay Q4 dividend of 43 cents a share in January
DeWITT, N.Y. — Community Bank System, Inc. (NYSE: CBU) recently announced that it has declared a quarterly cash dividend of 43 cents per share on its common stock for the fourth quarter. The dividend will be payable on Jan. 10 to shareholders of record as of Dec. 15. The dividend is the same amount that
Get our email updates
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.