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Tompkins Financial posts profit increase in Q2, but year-to-date net income is down
ITHACA — Tompkins Financial Corp. (NYSE: TMP) recently reported net income of $21.4 million, or $1.44 per share, in the second quarter, up from $19.4 million, or $1.27 a share, in the same period in 2019. Tompkins Financial’s year-to-date net income was $29.4 million, down from $40.4 million in the year-prior period. “Economic stress” resulting […]
Tioga State Bank’s TSB Foundation donates to STIC in “Goals for Charity” partnership with B-Devils
BINGHAMTON, N.Y. — Tioga State Bank’s TSB Foundation presented the Southern Tier Independence Center of Binghamton with a check for $5,500. The check presentation culminated
SBDC at Binghamton University extends PPP application assistance through August 8
VESTAL — The New York State Small Business Development Center (SBDC) at Binghamton University is available to assist small businesses throughout the region with applying for and “understanding the forgiveness process” for PPP loans now through Aug. 8. PPP is short for Paycheck Protection Program, an initiative of the U.S. Small Business Administration (SBA). The
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
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