Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
Community Financial System reports record Q4 revenue growth
DeWITT, N.Y. — Community Financial System, Inc. (NYSE: CBU), parent of Community Bank, on Tuesday reported improved earnings for the fourth quarter of 2024 as
Lyons Bancorp pays Q4 dividend of 40 cents a share
LYONS — Lyons Bancorp, Inc. (ticker: LYBC), the parent financial holding company of the Lyons National Bank, recently paid its quarterly common stock cash dividend for the fourth quarter. The banking company paid out 40 cents per share on Jan. 15, to all common stock shareholders of record as of the close of business on
KeyBank study finds financial imposter syndrome fuels consumer anxiety
Even though many Americans say they’re currently feeling financial stress, KeyBank’s annual Financial Mobility Survey finds that Americans are “closer to their personal financial comfort goals than they may realize.” The bank says the feeling of financial stress is a case of “financial imposter syndrome,” which refers to the self-doubt many people feel about their
Community Bank recognized by AHA for commitment to workforce health
DeWITT — The American Heart Association (AHA) recently awarded Community Bank N.A. its silver recognition in the 2024 Well-being Works Better Scorecard, honoring the bank’s commitment to the health of its workforce and the community, the bank announced. The Scorecard honors organizations at four levels — bronze, silver, gold, or platinum — based on their
ACCESS Federal Credit Union names AVP of risk management
CLINTON — ACCESS Federal Credit Union — a credit union serving eight Central New York counties — announced it has recently promoted Alyssa Lawrence to assistant VP of risk management. In her new role, she manages the credit union’s security program, serves as chairperson of the Safety Committee, and supervises its card-services processor and electronic-service
Wilmington Trust adds senior wealth associate in Syracuse
SYRACUSE — Wilmington Trust, the wealth-management arm of M&T Bank Corp. (NYSE: MTB), recently added a new wealth-management executive, Nathaniel Parish, to its Syracuse team as the firm continues to expand its business across the region. Nathaniel Parish is a senior wealth associate who works to provide comprehensive wealth-management advice to high-net-worth individuals and families,
New York manufacturing index slides back into negative territory in January
The Empire State Manufacturing Survey general business conditions index is back in negative territory, after falling 15 points to -12.6 in January. It’s the second
The House of the Good Shepherd selected as 2024 Neighborhood Champion by Bank of America
UTICA, N.Y. — Bank of America announced it has named The House of the Good Shepherd as its local 2024 Neighborhood Champion. As part of
Pathfinder Bancorp to pay Q4 dividend of 10 cents in early February
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. The fourth-quarter 2024 dividend is payable on Feb. 7 to all shareholders of record on Jan. 17, according to an announcement from James A. Dowd, president and
Pyramid Management Group secures loan extension for Sangertown Square in New Hartford
NEW HARTFORD, N.Y. — Pyramid Management Group on Thursday announced it has secured a three-year extension for the loan on Sangertown Square in New Hartford.
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.