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Banks & Credit Unions
Auburn Community Federal Credit Union plans first Onondaga County branch
CLAY, N.Y. — Auburn Community Federal Credit Union (ACFCU) has announced plans to open its first Onondaga County branch at 7538 Oswego Road (Route 57)
Pathfinder to pay Q4 dividend of 7 cents in early January
OSWEGO, N.Y. — Pathfinder Bancorp, Inc. (NASDAQ: PBHC), holding company for Pathfinder Bank, recently declared a quarterly cash dividend of 7 cents a share on its common stock for the fiscal quarter ending Dec. 31. The dividend will be payable to all Pathfinder shareholders of record on Jan. 14 and will be paid on Feb.
Rome Area Chamber’s business-assistance fund gets boost from AmeriCU donation
ROME, N.Y. — AmeriCU Credit Union announced it has donated $25,000 to the Rome Area Chamber of Commerce’s business-assistance fund. The chamber created the fund
Groups applaud new state law permitting remote electronic notarizations
A new state law allows the permanent use of remote electronic notarizations in New York. The New York Credit Union Association (NYCUA) says the bill
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
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