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Banks & Credit Unions

New York state manufacturers are optimistic about the six months ahead

New York state manufacturers were “generally optimistic” in the six-month outlook component of the January Empire State Manufacturing Survey. The optimism comes in spite of the survey’s general business conditions index plummeting in January to -0.7, ending 18 months of positive readings, per the Federal Reserve Bank of New York’s Jan. 18 report.  The survey’s index for […]

Tompkins appoints Lee to CNY community bank board

ITHACA, N.Y. — Tompkins Financial Corp. (NYSE: TMP) announced it has appointed Angela Lee, VP of human resources and chief diversity officer at Baxter, to its Community Bank Board of Central New York.  Lee brings more than 30 years of human resources and talent-development experience to the board, having served in various leadership roles throughout

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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

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