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AmeriCU wins award for Salute to the Troops concert at Fort Drum’s Mountainfest
ROME — The Credit Union National Association (CUNA) has honored AmeriCU for organizing the 2019 Salute to the Troops Tribute Concert at Mountainfest. Held annually as part of the Fort Drum Family and Morale, Welfare, and Recreation’s Mountainfest, AmeriCU presents this concert to thank the U.S. Army 10th Mountain Division and their families for their […]
Woodrow takes over as M&T Bank’s new CHRO
BUFFALO —Tracy Woodrow is the new chief human resources officer (CHRO) at M&T Bank and a member of the banking company’s management committee, following the retirement of Janet Coletti after a 35-year career. Woodrow joined Buffalo–based M&T Bank in 2013, and served as Bank Secrecy Act Officer, responsible for overseeing the enterprise-wide anti-money-laundering program, according
TCAD says PPP loans saved thousands of jobs in Tompkins County
“We were just interested to … see what the impacts potentially could be [on the community],” says Heather McDaniel, president of TCAD. She called the U.S. Treasury’s decision to release the PPP data a “pretty unprecedented move.” McDaniel spoke with CNYBJ on July 21. In response to the COVID-19 pandemic, the U.S. Small Business Administration
KeyCorp to pay Q3 cash dividend of 18.5 cents a share in September
KeyCorp (NYSE: KEY) — parent of KeyBank, the No. 2 bank ranked by deposit market share in the 16-county Central New York area — has declared a quarterly cash dividend of 18.5 cents a share on its common stock for the third quarter of 2020. The dividend is payable on Sept. 15, to shareholders of
Pathfinder Bancorp to pay quarterly dividend on Aug. 14
OSWEGO — Pathfinder Bancorp, Inc. (NASDAQ: PBHC), holding company for Pathfinder Bank, recently declared a quarterly cash dividend of 6 cents per share on its common stock for the fiscal quarter ending June 30. The dividend will be payable to all Pathfinder shareholders of record on July 17 and will be paid on Aug. 14,
CFCU Credit Union CEO named to State Charter Advisory Board
ITHACA, N.Y. — Linda Lacewell, superintendent of the New York State Department of Financial Services (DFS), has appointed Lisa Whitaker, president and CEO of Ithaca–based CFCU Community Credit Union, to serve a three-year term on the department’s New York State Charter Advisory Board. The board seeks to foster economic development in New York through “prudent”
Syracuse one-bedroom apartment rent prices up 5 percent in June compared to May
But prices are down more than 11 percent from a year ago The median rental price for most apartments in the Syracuse metro area rose almost 5 percent in June compared to May, but the price was down more than 11 percent from the year-ago month. That’s according to the July 2020 national rent report
Chemung Financial reports Q2 net income rises 16 percent
ELMIRA, N.Y. — Chemung Financial Corp. (NASDAQ: CHMG) on July 20 reported net income of $5.8 million, or $1.20 per share, in the second quarter, up 16 percent from $5 million, or $1.02, in the year-ago period. Chemung Financial is the parent company of Chemung Canal Trust Company. “Our results in the second quarter reflected
NYCUA announces new board members, officers
— CEO and manager of Peru Federal Credit Union in Peru in Clinton County — was elected to a three-year term by NYCUA’s membership. Pope was elected in the asset tier of credit unions with up to $25 million in assets. Pope is one of two new directors appointed to the NYCUA board. Eric Hepkins,
KeyCorp net income declines in second quarter amid pandemic
KeyCorp (NYSE: KEY) — parent of KeyBank, which ranks No. 2 in deposit market share in the 16-county Central New York region — reported that its net income from continuing operations fell to $159 million, or 16 cents a share, in the second quarter from $403 million, or 40 cents per share, in the year-ago quarter. Key’s earnings
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