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

Broome County couple busted for using counterfeit cash to buy car
BINGHAMTON, N.Y. — New York State Police in Binghamton announced that they recently arrested a couple for purchasing a vehicle using counterfeit money. On Nov.
Community Bank System elects Skerritt as new independent director
DeWITT— Community Bank System, Inc. (NYSE: CBU) recently announced the election of Susan E. Skerritt to its board of directors as a new independent director. Skerritt’s election expands the DeWitt–based banking company’s board to 13 directors, 12 of whom are independent. She was also appointed to the board of directors of Community Bank, N.A., the

Kublin to retire as CEO of BPAS; Neveu and Hulse to succeed
UTICA, N.Y. — BPAS — a provider of retirement plans, benefit plans, fund administration, and collective investment trusts — will have new leadership in 2021.

Seneca Savings announces temporary branch closures, changes due to COVID-19
BALDWINSVILLE, N.Y. — Seneca Savings has temporarily closed its Bridgeport (town of Sullivan) and Liverpool (town of Clay) branches, effective Monday, to help reduce the

Community Bank System to pay Q4 dividend of 42 cents in January
DeWITT— Community Bank System, Inc. (NYSE: CBU) announced that it has declared a quarterly cash dividend of 42 cents per share on its common stock. The dividend will be payable on Jan. 11 to shareholders of record as of Dec. 14. The dividend is the same amount that Community Bank paid last quarter, after it

Chemung Financial to pay quarterly dividend of 26 cents in early January
ELMIRA — Chemung Financial Corp. (NASDAQ: CHMG) recently announced that its board of directors has approved a quarterly cash dividend of 26 cents a share for the fourth quarter. The dividend is payable on Jan. 4, to common stock shareholders of record as of the close of business on Dec. 21 At the banking company’s

Five Star Bank parent announces stock-buyback program
WARSAW, N.Y. — Financial Institutions, Inc. (NASDAQ: FISI), parent of Five Star Bank, recently announced that its board of directors has approved a stock-repurchase program for up to nearly 802,000 shares of its common stock, or about 5 percent of the company’s outstanding common shares. The buyback program permits shares to be repurchased in open-market

Community Bank shifts to drive-thru service only with lobby service by appointment only
DeWITT, N.Y. — Citing concerns over the “evolving situation” with COVID-19, DeWitt–based Community Bank N.A. announced it has decided to close all branch lobbies and

Greater Binghamton Chamber to host job fair Dec. 4
BINGHAMTON, N.Y. — The Greater Binghamton Chamber of Commerce will host an in-person, indoor job fair on Dec. 4 from 11:00 a.m. to 3:00 p.m.

Pathfinder Bancorp posts 15 percent profit increase in Q3
OSWEGO — Pathfinder Bancorp, Inc. (NASDAQ: PBHC), the holding company for Pathfinder Bank, announced that its net income rose about 15 percent to $1.5 million in the third quarter from $1.3 million in the year-ago quarter. The Oswego–based banking company generated earnings per share of 25 cents in the third quarter, up nearly 14 percent
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.