Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.

New chief legal officer settles into new role at Broadview FCU
ALBANY — Broadview Federal Credit Union (Broadview FCU) announced that Lisa Harris is now serving as its new chief legal officer. She takes over a position previously held by Kendra Rubin, who was recently promoted to chief of staff at Broadview. Harris joins the credit union’s executive-leadership team as Broadview’s primary legal advisor, overseeing all […]

Outlook for CNY business banking clients remains strong, expert says
Inflation, interest rates, tariffs. These economic and business topics make for splashy headlines in the national news, but they aren’t making the same waves across Central New York’s business community according to a local banking expert. “Central New York is always a little more moderate,” when it comes to the effect of such economic changes,

Berkshire Bank Foundation details $400K in Q2 grants to local nonprofits
The Rome Art and Community Center was among the more than 100 recipients of nearly $400,000 in total grants and other giving from the Berkshire Bank Foundation to local nonprofits during the second quarter of 2025. Several Central New York organizations were among the nonprofit organizations in New York, Massachusetts, Connecticut, Rhode Island and Vermont

Visions CEO Muse awarded honorary doctorate degree from Binghamton University
VESTAL — Binghamton University has awarded Tyrone Muse, president and CEO of Visions Federal Credit Union (FCU), an honorary doctorate degree. Muse was honored as Doctor of Humane Letters (LHD) during the university’s School of Management commencement ceremony on May 16 in Vestal, the credit union said in a June 18 announcement. During the university’s

The Summit FCU posted its highest asset growth last year
ROCHESTER — The chair of the board of directors for the Summit Federal Credit Union (FCU) says the organization’s 2024 asset growth was its highest since 2020, with an increase of $91 million, or 7 percent. It was part of board chair Chris Modesti’s message to a hybrid audience of board members, employees, and members

New Community Financial CFO outlines goals
DeWITT -— Community Financial System Inc.’s (NYSE: CBU) new chief financial officer brings a background in hedge funds and the Buffalo area to the banking and financial services company, which has targeted western New York as a growth-opportunity region. Marya Burgio Wlos, who was appointed to her position effective on March 31, is up for

Pathfinder to pay Q2 dividend of 10 cents in early August
OSWEGO — Pathfinder Bancorp, Inc. (NASDAQ: PBHC), the bank holding company of Pathfinder Bank, has declared a cash dividend of 10 cents per share of its common stock for the second quarter of 2025. The dividend is payable on Aug. 8 to all shareholders of record as of July 18, according to a June 30

Canandaigua National Bank names Syracuse–area branch locations
CANANDAIGUA — It’s been known since last fall that Canandaigua National Bank (CNB) was coming to the Syracuse area with several new branches. Now we know where. The bank announced on July 18 that over the next year, it will open four new branches at the following locations: the Washington Station Building at 333 W.

Berkshire Bank Foundation invests nearly $400,000 in local nonprofits during Q2
Berkshire Bank Foundation says it invested nearly $400,000 in communities through grants and other giving in the second quarter of the year. Several Central New York organizations were among the 100 nonprofit organizations in New York, Massachusetts, Connecticut, Rhode Island and Vermont that the foundation invested in from April to June. Berkshire Bank Foundation is

Local group 9 Fresh buys Cazenovia College campus
CAZENOVIA, N.Y. — A group of local investors that calls itself 9 Fresh says it has purchased the former Cazenovia College campus, which shuttered on
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