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Community Banks Can Leverage Unique Benefits to Gain and Keep Customers
The Federal Reserve’s 2019 Small Business Credit Survey (https://www.fedsmallbusiness.org/survey/2019/report-on-employer-firms) shows that 79 percent of independent businesses that used small banks were satisfied with their overall experience, compared with 67 percent for large banks and just 49 percent for online lenders. As experienced by many business leaders and entrepreneurs during the recent Paycheck Protection Program (PPP) loan […]
Brooks-Rolling appointed to M&T Bank CNY Region Directors Advisory Council
SYRACUSE — M&T Bank announced it has appointed Me’Shae Brooks-Rolling to its Directors Advisory Council for the Central New York region. The 11-member council meets regularly throughout the year to provide M&T management with insight on a wide range of business, client, and community issues. Brooks-Rolling has been owner of the local franchise of EventPrep,
Equipment leasing & finance industry confidence eases in October
Confidence in the equipment-finance market dipped in October, according to a new national industry report. An index measuring overall confidence in the sector slipped to 55.0, down slightly from a reading of 56.5 in September, which had been the highest index number in seven months amid the COVID-19 crisis. That’s according to the October 2020
Rome man arrested for charging more than $1,600 with a stolen debit card
ROME — The New York State Police recently announced that they arrested a Rome man for charging more than $1,600 at various stores on a stolen debit card. State Police in Lee arrested Patrick M. Morrissey, age 36, for 4th degree criminal possession of stolen property and 2nd degree identity theft, both felonies. On Oct.
Tompkins Financial Advisors to present monthly virtual financial discussions on women and wellness
ITHACA, N.Y. — Tompkins Financial Advisors will be hosting monthly virtual “Women & Wellness” financial roundtable discussions beginning this month. These conversations will feature women
Chemung Financial elects new board member
ELMIRA, N.Y. — Chemung Financial Corp. (NASDAQ: CHMG) recently announced that its board of directors has elected Richard E. Forrestel, Jr., a business executive from Western New York, to its board of directors. Forrestel, who hails from Clarence in Erie County, currently serves as treasurer of Cold Spring Construction Company, based in Akron, which is
Cayuga Lake Bank Corp. announces change in board of directors
UNION SPRINGS, N.Y. — Cayuga Lake Bank Corporation (CLBC) & Cayuga Lake National Bank (CLNB) announced that two members of its board of directors, Gary D. Finch and Robert L. Martens, are stepping aside, making room for three new community leaders to join the board. Finch and Martens served 16 and 30 years, respectively, on
SBA honors four Onondaga County businesses with Small Business Excellence Awards
The U.S. Small Business Administration (SBA) has recognized companies in Syracuse, Skaneateles, Clay, and Cazenovia with Small Business Excellence Awards. The small businesses are Farmer
Visions Federal Credit Union expects new Ithaca office to open in early 2021
ITHACA, N.Y. — Construction is nearing its end for Visions Federal Credit Union’s new branch in Ithaca. The new office, located at 410 Elmira Road
SBA recognizes St. Lawrence County contractor as Upstate Small Business Person of the Year
RENSSELAER FALLS, N.Y. — The U.S. Small Business Administration (SBA) has recognized a St. Lawrence County business owner as the Upstate New York 2020 Small
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