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New York manufacturing index retreats 31 points in December
It followed a huge gain in November The Empire State Manufacturing Survey general business conditions index fell 31 points to 0.2 in December after reaching its highest reading in nearly three years in November. The index climbed 43 points to 31.2 in November after dropping 23 points to -11.9 in October. The general business conditions […]
NBT Bancorp receives approval for Evans Bancorp acquisition
NORWICH, N.Y. — NBT Bancorp Inc. (NASDAQ: NBTB) has received regulatory approval from the Office of the Comptroller of Currency to complete its acquisition for
KeyBank Foundation donates $50K to McMahon Ryan Child Advocacy Center
SYRACUSE, N.Y. — The KeyBank Foundation says it’s donating $50,000 to support the McMahon Ryan Child Advocacy Center’s efforts to prevent and intervene in child
Federal Reserve approves Canadian bank’s request for bigger stake in KeyBank parent
The Federal Reserve on Thursday said it has approved a request by the Bank of Nova Scotia (Scotiabank) to increase its minority investment in the
Five Star Bank parent company to pay Q4 dividend of 30 cents a share in early January
WARSAW, N.Y. — Financial Institutions, Inc. (NASDAQ: FISI), parent company of Five Star Bank, recently announced that its board of directors has approved a quarterly cash dividend of 30 cents per share of its common stock outstanding. The banking company will pay the fourth-quarter dividend on Jan. 2, to shareholders of record as of Dec.
KeyCorp to pay 4th quarter 2024 dividend in mid-December
KeyCorp (NYSE: KEY) — parent company of KeyBank, the No. 2 bank ranked by deposit market share in the 16-county Central New York region — has declared a quarterly cash dividend of 20.5 cents per share of its common stock for the fourth quarter of this year. The dividend is payable on Dec. 13, to
Oswego Industries to develop VR Career Exploration program
KeyBank Foundation awards $10,000 for the effort FULTON — KeyBank Foundation has awarded Oswego Industries, Inc. a grant of $10,000 that will support its Virtual Reality (VR) Career Exploration program. Oswego Industries is a nonprofit organization dedicated to providing services to individuals with disabilities. It’s located
Tompkins Financial names director of marketing
ITHACA — Tompkins Financial Corp. (NYSE: TMP) — parent company of Tompkins Community Bank, Tompkins Insurance Agencies, Inc., and Tompkins Financial Advisors — recently promoted Erin Freije to director of marketing. She will oversee day-to-day operations across Tompkins’ marketing communications, internal communications, product management, and customer experience units. Freije previously was the retail-loan product manager
Five Star Bank appoints chief information officer
Christopher Campise brings more than 25 years of tech leadership WARSAW, N.Y. — Financial Institutions, Inc. (NASDAQ: FISI), parent company of Five Star Bank, recently announced that it has appointed Christopher Campise as senior VP, chief information officer of the bank. In this role, Campise will lead the development and implementation of the bank’s technology
Pathfinder Bancorp reports net loss in third quarter of 2024
OSWEGO — Pathfinder Bancorp, Inc. (NASDAQ: PBHC), the holding company for Pathfinder Bank, recently reported a net loss of $4.6 million, or 75 cents per share, in the third quarter, compared to net income of $2.2 million, or 35 cents a share, in the same quarter in 2023. The net loss reflected $9 million in
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