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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,
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
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