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Five Star Bank parent to pay quarterly dividend of 25 cents a share in early January
WARSAW, N.Y. — Financial Institutions, Inc. (NASDAQ: FISI), parent of Five Star Bank, will pay a quarterly cash dividend of 25 cents a share per common share outstanding for the latest quarter. The banking company said it will pay the dividend on Jan. 2, to shareholders of record on Dec. 13. Five Star Bank, based […]
State announces banking development district in Lewis County
New York’s banking development district program has made a designation in Lewis County. With this designation, Carthage Savings and Loan Association will provide residents of
Chemung Canal Trust chief risk officer set to retire in January
ELMIRA, N.Y. — Chemung Canal Trust Company announced that Karen R. Makowski, executive VP and chief risk officer, will be retiring on Jan. 2. Makowski
KeyCorp to pay quarterly dividend in mid-December
KeyCorp (NYSE: KEY) announced it has declared a quarterly cash dividend of 18.5 cents a share of its common stock for the fourth quarter. The Cleveland, Ohio–based banking company — parent of KeyBank, which ranks No. 2 in deposit market share in the 16-county Central New York region — will pay the dividend on Dec.
AmeriCU Credit Union president and CEO to retire in 2020
ROME, N.Y. — Mark Pfisterer, president and CEO of AmeriCU Credit Union, announced he plans to retire in 2020. His retirement date will be finalized
People news: Community Bank promotes Penny to senior marketing manager
DeWITT, N.Y. — Community Bank N.A. announced it has promoted Dara Penny to senior marketing manager. Penny has nearly 10 years of experience in marketing.
Launch NY to use additional funding from CDFI Fund
Community Development Financial Institutions (CDFI) Fund announced it has again awarded Launch New York (Launch NY) $225,000 in funding. CDFI is part of the U.S.
Community Bank System to pay fourth- quarter dividend of 41 cents a share
DeWITT— Community Bank System, Inc. (NYSE: CBU) announced that it has declared a quarterly cash dividend of 41 cents a share on its common stock. The dividend will be payable on Jan. 10 to shareholders of record as of Dec. 13. The dividend is the same amount that Community Bank paid last quarter, when it
Community Bank System appoints MacPherson as new independent director
DeWITT — Community Bank System, Inc. (NYSE: CBU) recently announced that its board of directors has appointed Kerrie D. MacPherson as a new independent director. MacPherson previously served as a senior partner at Ernst & Young, LLP (EY). She started as an auditor and served in leadership roles in transaction advisory services in EY’s New
KeyBank survey: Optimism Growing Among Women-Owned Small Businesses
Business is good, according to women small-business owners. A new Key4Women 2019 Financial Confidence Survey Report finds many women believe their business growth is set to continue and expand. The report, which surveyed 250 women small-business owners, finds 71 percent are highly optimistic of achieving their goals in the next 12 months, a 5 percent
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