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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
People news: AmeriCU names Rizzo-Spilka VP of membership development
ROME, N.Y. — AmeriCU announced it has appointed Gail Rizzo-Spilka as assistant VP of membership development. Rizzo-Spilka will be responsible for growing and cultivating relationships
Community Bank System to acquire Steuben Trust Corp. for $107 million
HORNELL — Community Bank System, Inc. (ticker: CBU), parent of Community Bank, N.A., on Oct. 21 announced it has agreed to acquire Steuben Trust Corporation (ticker: SBHO), parent company of Steuben Trust Company, in a stock and cash deal valued at $106.8 million. DeWitt–based Community Bank says the deal extends its reach in Western New
KeyCorp net income declines in 3rd quarter
But, adjusted earnings per share beats the analysts’ estimates KeyCorp (NYSE: KEY) — parent of KeyBank, which ranks No. 2 in deposit market share in the 16-county Central New York region — reported that its net income from continuing operations fell to $383 million, or 38 cents a share, from $468 million, or 45 cents, in
How Big Data is Shaping the Future of CNY’s Economy
Big data, artificial intelligence (AI), internet of things (IoT), and 5G are all transforming the business world — and they’re transforming the Central New York economy in the process. According to a survey by NewVantage Partners, 97.2 percent of C-level executives said their companies are investing in, building or launching big data and AI initiatives.
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