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

KeyBank unit provides $15 million in financing for apartment complex in Potsdam
POTSDAM, N.Y. — KeyBank Real Estate Capital has provided a $15 million Freddie Mac loan for the acquisition of a 137-unit, garden-style apartment complex in

OCC to use KeyBank’s $40K donation for college-connection coach
ONONDAGA, N.Y. — Onondaga Community College (OCC) announced it will use a $40,000 donation from KeyBank to create a college-connection coach position for the OCC

Chemung Financial to pay dividend of 26 cents per share on Oct. 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 Oct. 1, to common stock shareholders of record as of the close of business on Sept. 17. At the banking company’s current stock price, the

NBT Bancorp hires Kelley as general counsel
NORWICH, N.Y. — NBT Bancorp Inc. (NASDAQ: NBTB) announced it has hired Angela Wolfe Kelley as executive VP and general counsel. In this position, she

Chemung Canal Trust names Cosgrove chief credit officer
ELMIRA, N.Y. — Chemung Canal Trust Company announced it has hired Peter K. Cosgrove as executive VP and chief credit officer. He started his job

Community Bank System boosts dividend by 8 percent
DeWITT, N.Y. — Community Bank System, Inc. (NYSE: CBU) announced that it has increased its quarterly cash dividend by 8 percent to 41 cents per

People news: Tompkins Financial hires Guarino as manager of retail & small business lending
ITHACA, N.Y. — Tompkins Financial Corp. (NYSE: TMP), an Ithaca–based banking company, announced it recently added Charles Guarino as senior VP and manager of retail

Adirondack Bank opens second branch in Lake Placid area
LAKE PLACID — Adirondack Bank on Aug. 15 opened a new branch in the village of Lake Placid at 2426 Main St., its second location in the Lake Placid area. “We could not be more thrilled to continue investing in the Lake Placid community by opening a brand new, convenient branch,” Rocco Arcuri Sr., president

Bank of America donates $250K to MVHS downtown hospital project
NEW HARTFORD, N.Y. — Bank of America (NYSE: BAC) has donated $250,000 to the Mohawk Valley Health System’s (MVHS) hospital project in downtown Utica. The

KeyBank names Webster commercial sales leader for CNY
SYRACUSE, N.Y. — KeyBank announced the promotion of Sabrina J. Webster to senior VP, commercial sales leader in Central New York. She will be based
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.