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SBA Syracuse District director offers tips to small businesses on agency’s disaster loans
SYRACUSE, N.Y. — Bernard J. Paprocki, director of the U.S. Small Business Administration (SBA) Syracuse District Office, says the volume of calls and web traffic
How Onondaga County’s bridge-loan program for SBA emergency loan applicants will work
(Updated 3/24 at 6:10 p.m.) SYRACUSE, N.Y. — The Onondaga County Office of Economic Development has created a temporary bridge-loan program to assist businesses in
How Syracuse’s loan program for small businesses seeking COVID-19 relief will work
SYRACUSE, N.Y. — Small businesses in the city of Syracuse that have been impacted by the coronavirus pandemic can now apply for emergency loans through
Cuomo mandates that non-essential businesses keep 100 percent of their workforce home
(Updated on 3/20 at 5:00 p.m.) ALBANY, N.Y. — After the number of coronavirus (COVID-19) cases in New York state again soared overnight, Gov. Andrew
State directs banks to provide mortgage-payment relief to borrowers
Not long after the governor’s morning announcement, Norwich–based NBT Bank (NASDAQ: NBTB) announced its plans to institute coronavirus-related policies. NBT Bank announced it has temporarily
Steuben Trust shareholders approve $109 million sale to Community Bank System
HORNELL — Steuben Trust Corp. shareholders on March 3 overwhelmingly voted to approve its proposed sale to Community Bank System, Inc. (ticker: CBU), parent of Community Bank. Steuben Trust reported that more than 98 percent of the votes cast were voted to approve the deal and that more than 84 percent of the issued and
Five Star Bank parent increases quarterly dividend by 4 percent
WARSAW, N.Y. — Financial Institutions, Inc. (NASDAQ: FISI), parent of Five Star Bank, recently announced it is boosting its quarterly dividend by 4 percent. The banking company will pay a quarterly cash dividend of 26 cents a share per common share outstanding for the first quarter, up from the 25 cents a share it paid
Community Bank System to pay Q1 dividend of 41 cents in April
DeWITT— Community Bank System, Inc. (NYSE: CBU) announced that it has declared a quarterly cash dividend of 41 cents per share on its common stock. The dividend will be payable on April 9 to shareholders of record as of March 16. The dividend is the same amount that Community Bank paid in each of the
Chemung Financial to pay dividend of 26 cents per share on April 1
ELMIRA — Chemung Financial Corp. (NASDAQ: CHMG) recently announced that its board of directors has approved a quarterly cash dividend of 26 cents a share. The dividend is payable on April 1, to common stock shareholders of record as of the close of business on March 18. At the banking company’s current stock price, the
NYBDC, affiliates rebrand as Pursuit
ALBANY, N.Y. — New York Business Development Corporation (NYBDC), along with affiliates Excelsior Growth Fund and the 504 Company, say they’ve rebranded as Pursuit. As
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