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NBT Bank names Ondesko corporate treasurer
NORWICH, N.Y. — NBT Bank announced it has appointed Joseph Ondesko as its corporate treasurer. Ondesko was promoted from senior VP and assistant treasurer, a
ALBANY, N.Y. — A new state law will allow credit unions to participate in the Excelsior linked-deposit program. Gov. Kathy Hochul signed the bill on
New York manufacturing index slips 15 points in October
Still indicates solid sector growth The Empire State Manufacturing Survey general business-conditions index fell 15 points to 19.8 in October, “pointing to a slower pace of growth than last month.” The index — the monthly gauge of New York’s manufacturing sector — missed economists’ expectation of a reading of 25, according to a survey
SECNY, Jordan-Elbridge School District open student-run branch at high school
ELBRIDGE, N.Y. — SECNY Federal Credit Union and the Jordan-Elbridge Central School District on Oct. 19 formally opened a student-run credit-union branch at the high school. The Eagle branch, as SECNY is calling it, will be open on Tuesdays and Thursdays during lunch periods when school is in session at the high school, located at
SEFCU to expand through a merger in 2022
ALBANY, N.Y. — The planned merger of Albany–based SEFCU, which operates branches in Central New York, and CAP COM is still on track for completion in 2022. That’s according to Ken Jubie, VP of communications and public relations at SEFCU. Both SEFCU and CAP COM, another federal credit union headquartered in New York’s Capital Region,
Tompkins promotes Dresser to mortgage-loan officer
ITHACA, N.Y. — Tompkins Trust Company recently announced it has promoted Kristina Dresser to residential mortgage-loan officer. With 15 years of experience in the financial industry, Dresser has served as assistant branch manager of Tompkins Trust Company’s Trumansburg office for six years. In her new role, Dresser will be responsible for assisting customers throughout their
Horizons FCU is now a division of Empower FCU
SYRACUSE, N.Y. — Horizons Federal Credit Union of Binghamton has merged its operations with Syracuse–based Empower Federal Credit Union in a deal that took effect Oct. 1. The signage at the four current Horizon branches and the one Empower location in the Southern Tier on Oct. 1 changed to Horizons, a division of Empower Federal
Community Bank names Bacon commercial-banking team leader
BREWERTON, N.Y. — Community Bank N.A. announced it has recently promoted Ronald Bacon to VP and commercial-banking team leader. In his new role, Bacon will manage a portfolio of commercial-banking relationships, as well as a team of commercial bankers responsible for portfolio management and new business-development efforts throughout Jefferson, Lewis, and St. Lawrence counties. Bacon,
Pathfinder to pay Q3 dividend of 7 cents in early November
OSWEGO — 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 Sept. 30. The dividend will be payable to all Pathfinder shareholders of record on Oct. 15 and will be paid on Nov. 5,
Northern Credit Union campaign supports Carthage Area Hospital Foundation
CARTHAGE, N.Y. — Watertown–based Northern Credit Union recently presented the Carthage Area Hospital Foundation (CAHF) with a check for $2,050 from its reopening campaign for its relationship center in Carthage. The Sept. 14 presentation followed the credit union’s campaign in which anyone who opened a new checking account or loan would be able to choose
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