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Banks & Credit Unions
AmeriCU Credit Union selects new CEO
ROME, N.Y. — The board of directors of credit union AmeriCU has selected Ronald Belle to succeed CEO Mark Pfisterer, who last year announced his
Tompkins Financial to pay Q2 dividend of 52 cents on May 18
ITHACA — Tompkins Financial Corp. (NYSE: TMP) recently announced that its board of directors approved payment of a regular quarterly cash dividend of 52 cents a share for the second quarter. The dividend is payable on May 18, to common shareholders of record on May 11. It’s the same amount that Tompkins Financial paid in
SBA says it’s still not too late for small businesses to get a PPP loan
The PPP loans are meant to help small businesses and nonprofits stay afloat during the COVID-19 pandemic, by funding eight weeks of payroll and certain
Chemung Financial moves May 13 annual meeting from hotel to HQ
ELMIRA, N.Y. — Chemung Financial Corp. (NASDAQ: CHMG), parent company of Chemung Canal Trust Company, recently announced that it has moved its annual meeting of
Community Bank System to hold virtual annual shareholder meeting due to COVID-19
DeWITT, N.Y. — Community Bank System, Inc. (NYSE: CBU) announced that it will host its 2020 annual meeting of shareholders virtually due to government-mandated social-distancing
CenterState CEO, KeyBank announce $150K small business emergency relief grant program
SYRACUSE, N.Y. — CenterState CEO on Friday announced a $150,000 small-business stabilization fund from which grants are available for “under-resourced” small businesses affected by COVID-19
Utica announces first round of economic-stimulus loans
UTICA, N.Y. — Utica Mayor Robert Palmieri on Thursday announced the first round of loans for local businesses that applied for the city’s economic-stimulus loan
M&T Bank donates $25,000 to Broome County COVID-19 relief fund
BINGHAMTON, N.Y. — Buffalo–based M&T Bank (NYSE: MTB) — the largest bank in the Binghamton metro area, ranked by deposit market share — has donated
M&T Bank made nearly 1,700 PPP loans in CNY in one week
SYRACUSE — M&T Bank Corp. (NYSE: MTB), the largest bank in the 16-county Central New York region by deposits, says it made more government-guaranteed loans to small businesses in the Syracuse/Utica region in one week than it did nationally in all of 2019. Buffalo–based M&T Bank approved 1,660 loans, totaling $371 million, in the Syracuse/Utica
The Summit FCU to install updated ATMs at all locations
The Summit Federal Credit Union plans to install updated ATMs at all its locations at various times in 2020. These new ATMs bring a “new level of convenience to users while using the latest safety features” for personal safety and account security, the Rochester–based credit union announced. “Over 2019 and 2020, The Summit Federal Credit Union
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