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Banks & Credit Unions
NYCUA works with Inclusiv to help credit unions pursue CDFI, MDI designations
The New York Credit Union Association (NYCUA) recently announced it has formed a new partnership with New York City–based organization called Inclusiv. The two advocacy organizations have agreed to work together to raise awareness about the benefits of credit unions becoming certified Community Development Financial Institutions (CDFI) and Minority Depository Institutions (MDI), while providing important resources to […]
Pathfinder Bank names Tryniski VP, credit manager
OSWEGO, N.Y. — Pathfinder Bank has promoted Nick Tryniski to VP, credit manager from credit analyst. That’s according to Ronald Tascarella, executive VP, chief banking officer, who announced the promotion on June 8. “We are happy to recognize Nick with this promotion,” Tascarella said. “With his extensive knowledge of lending, leadership skills and his commitment
Generations Bank hires Krezmer as CFO
SENECA FALLS, N.Y. — Generations Bank announced it has appointed Angela Krezmer as senior vice president (SVP) and chief financial officer (CFO), effective June 7.
NBT names Brown to board of directors
NORWICH, N.Y. — NBT Bancorp Inc. (NASDAQ: NBTB) recently announced that J. David Brown has joined the boards of directors for NBT Bancorp and its primary subsidiary, NBT Bank, N.A. Brown is president and CEO of the Capital District YMCA, where he has worked for 28 years to “create better opportunities for all through community
Gorczynski takes over as M&T Bank’s CNY regional president
Gorczynski, a 16-year M&T veteran, previously served as commercial bank senior group manager for M&T in CNY, after working as a commercial-relationship manager. Earlier in his career, he worked as a regional commercial executive at HSBC in CNY and as an auditor at KPMG Peat Marwick. Gorczynski says he’s excited to take on his new
Five Star Bank parent company to pay Q2 dividend in early July
WARSAW, N.Y. — Financial Institutions, Inc. (NASDAQ: FISI), parent of Five Star Bank, announced that its board of directors has approved a quarterly cash dividend of 27 cents per share of its common stock for the second quarter. The dividend is the same amount that the banking company paid for the first quarter, when it
People news: Tompkins Financial promotes Tomazin to treasurer
ITHACA, N.Y. — Tompkins Financial Corporation announced it has promoted Matt Tomazin to treasurer and senior VP. He will report to Frank Fetsko, chief operating
AmeriCU buys building on Route 57 in Clay to establish training center
CLAY, N.Y. — AmeriCU plans to open a training center in a building it recently bought on Route 57 in Clay. The Rome–based credit union purchased the 5,202-square-foot building, located on nearly 1 acre at 7466 Oswego Road, for $550,000 from Michael Jay Associates (Ken Pacioni), according to a release from CBRE/Syracuse. Glenn Weisiger and
Chemung Financial boosts quarterly dividend by 19 percent
ELMIRA, N.Y. — Chemung Financial Corporation’s board of directors recently boosted its quarterly cash dividend by 19 percent to 31 cents a share from the previous 26 cents. The new dividend is payable on July 1, to common-stock shareholders of record as of the close of business on June 17. “We are pleased that our
People news: Community Bank adds Gorski as VP, commercial banking officer
DeWITT, N.Y. — Community Bank N.A. announced that Alexandra Gorski has joined the bank as VP and commercial banking officer in DeWitt. Gorski has 30
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