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What is a bank’s role in community financial literacy
Financial literacy is defined as possessing the financial expertise needed to make healthy financial choices. It’s a topic that is extremely important for all ages, but often can be overlooked. As a financial institution, how can a bank contribute to the financial literacy and continued learning of its customers and its community? The need is apparent, […]
Pathfinder names Gordon VP, information security officer
OSWEGO — Pathfinder Bank announced it has appointed Shari Gordon as VP and information security officer. In this new role, Gordon will manage the bank’s information security program and review controls and events related to data management and cybersecurity. She will also continue to identify threats and controls to support the overall risk-management strategies of
Chemung Financial profit doubles in 2nd quarter
ELMIRA — Chemung Financial Corp. (NASDAQ: CHMG), parent company of Chemung Canal Trust Company, reported that its net income jumped to $5 million, or $1.02 per share, in the second quarter, from $2.5 million, or 52 cents a share, in the year-ago quarter. “We are very pleased to report another quarter of strong earnings for 2019.
Visions FCU to open new branch in Ithaca
ITHACA — Visions Federal Credit Union plans to open a new branch at 410 Elmira Road in Ithaca this winter. That’s according to a news release the credit union posted on its website on July 19. The Endwell–based Visions sees the upcoming location as a “new banking option” for the Ithaca community. The organization will
CFCU Community Credit Union opens Transformation Center on Ithaca Commons
ITHACA — CFCU Community Credit Union’s new “Transformation Center” on the Ithaca Commons is now up and running. CFCU also relocated its administrative offices to the same location in the Bank Tower building on the Ithaca Commons at 202 E. State St. in Ithaca. The new facility opened June 3. CFCU believes banking technology is
Greater Syracuse Business Development Corp. appoints new executive director
SYRACUSE, N.Y. — The Greater Syracuse Business Development Corporation (GSBDC) has a new executive director. Bob Ellis has been on the job since April when
Edward S. Barton Trust awards MVHS Waterville medical office $100K grant
WATERVILLE, N.Y. — The Edward S. Barton Trust has awarded the Mohawk Valley Health System (MVHS) Foundation a two year, $100,000 grant for renovations at
People news: Tompkins Trust Company hires Bauda
ITHACA, N.Y. — Tompkins Trust Company announced it has hired John Bauda as a VP and commercial banking relationship manager. Bauda brings 13 years of
NBT Bank taps Kavney as CNY regional executive
SYRACUSE, N.Y. — NBT Bank announced it has hired David Kavney as senior VP and Central New York regional executive. Kavney will be based in
People news: Pathfinder Bank names Betts manager of Lacona branch
LACONA, N.Y. — Pathfinder Bank announced it has appointed Ashley Betts as the new branch manager of its Lacona office. Betts was previously assistant branch
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