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First Source FCU breaks ground on new Herkimer branch
HERKIMER, N.Y. — First Source Federal Credit Union (FCU) announced it has started the groundwork for a new branch office in Herkimer, scheduled for completion
Home HeadQuarters is Syracuse recipient of $200K KeyBank bicentennial grant
SYRACUSE, N.Y. — Syracuse–based Home HeadQuarters, Inc. will use a $200,000 philanthropic grant from the KeyBank Foundation to support its Affordable Capital Capacity Building project. The funding is meant to “celebrate 200 years of KeyBank’s service to communities across the nation,” per the bank’s announcement. The KeyBank Foundation is donating $200,000 to community-development efforts in
Community Financial System boosts quarterly dividend in Q3
DeWITT, N.Y. — Community Financial System, Inc. (NYSE: CBU) — parent company of Community Bank, N.A. — recently announced that it has increased its quarterly cash dividend by 1 cent, or 2.2 percent, to 47 cents per share for the third quarter. The dividend will be payable on Oct. 10, to shareholders of record as
KeyCorp to pay 3rd quarter 2025 dividend in mid-September
KeyCorp (NYSE: KEY) — parent company of KeyBank, the No. 2 bank ranked by deposit market share in the 16-county Central New York region — has declared a quarterly cash dividend of 20.5 cents per share of its common stock for the third quarter of this year. The dividend is payable on Sept. 15, to
Berkshire Bank parent company to merge with another Boston–based bank, change names
BOSTON — Berkshire Hills Bancorp, Inc. (NYSE: BHLB) — parent company of Berkshire Bank, which has a significant presence in the Mohawk Valley and Capital
KeyBank awards Home HeadQuarters $200K bicentennial grant
SYRACUSE, N.Y. — KeyBank Foundation has awarded a $200,000 philanthropic grant to Syracuse–based Home HeadQuarters, Inc. The funding is meant to “celebrate 200 years of
Pathfinder Bancorp posts small Q2 profit as it sells nonperforming loans
OSWEGO, N.Y. — Pathfinder Bancorp, Inc. (NASDAQ: PBHC), the holding company for Pathfinder Bank, on Wednesday, July 30, reported net income of $31,000, or less
NBT Bancorp boosts quarterly dividend by nearly 9 percent
NORWICH, N.Y. — NBT Bancorp Inc. (NASDAQ: NBTB) announced on Monday that its board of directors has approved an increase of its quarterly cash dividend
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,
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