Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
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

People news: Community Bank promotes Cleary to Cato branch manager
CATO, N.Y. — Community Bank N.A. announced it has promoted Angela Cleary to branch manager of its Cato office. In her new role, Cleary will

M&T Bank nearing selection of site for its new Syracuse office
SYRACUSE, N.Y. — M&T Bank is getting close to selecting the new site of its Central New York regional headquarters office and main local branch

Berkshire Hills Bancorp elects Dunlaevy as board chairman
Berkshire Hills Bancorp, Inc. (NYSE: BHLB) — the Boston–based parent of Berkshire Bank, which has a major presence in the Mohawk Valley — announced that its board of directors has unanimously elected J. Williar (Bill) Dunlaevy as its chairman, effective Dec. 1. A former bank CEO, Dunlaevy has served as a Berkshire director since 2011
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.