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Insurance & Financial Services

EBRI

EBRI: retirees feeling better about retirement prospects

More than three-fourths of retirees (78 percent) are reporting a positive outlook for retirement, with those respondents confident they will have enough money to live comfortably throughout retirement. Confidence among retirees increased from 74 percent last year. That’s according to the 35th annual Retirement Confidence Survey, which was published on April 24. The Retirement Confidence […]

Colgate lower campus

Colgate launches lower campus project in major expansion

HAMILTON, N.Y. — Colgate University announced it will create a cohesive Lower Campus along Broad Street as part of the most significant campus expansion in its history, Colgate launched its comprehensive “Third-Century Plan” in 2019, flagging the completion of the Residential Commons system and the Lower Campus as initial priorities. First-year and second-year students currently

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Chris Manderfield

Financial-wellness programs are a valuble employee benefit

Financial wellness can be an overlooked part of overall wellness and is a benefit area employers might not think about adding to their portfolio. However, one area expert says, the benefits can be far reaching. The National Fund for Workforce Solutions defines financial wellness as having control over day-to-day and month-to-month finances, having the ability

Five Star Bank

Five Star Bank parent company to pay Q2 dividend of 31 cents in early July

WARSAW, N.Y. — Financial Institutions, Inc. (NASDAQ: FISI), parent company of Five Star Bank, announced that its board of directors has recently approved a quarterly cash dividend of 31 cents per share of its common stock outstanding. Financial Institutions will pay the second-quarter dividend on July 2, to shareholders of record as of June 13.

VIEWPOINT: Colleges Face Federal Requirement To Contact Students About Loan Debt

On May 5, 2025, the U.S. Department of Education (ED) released a “Request for Institutions to Provide Repayment Information to Former Students to Prevent Defaults” (GEN-25-19). Noting that “only 38 percent of Direct Loan and Department-held Federal Family Education Loan Program borrowers are in repayment and current on their student loans,” ED estimates that “almost

Tompkins Community Bank adds business development officer for Syracuse

SYRACUSE, N.Y. — Tompkins Community Bank announced it has expanded its retail banking team by hiring Paul Palladino as business development officer for Syracuse. Palladino is a 25-year veteran of the banking and finance industry. In his new role, he will work to cultivate relationships throughout the bank’s footprint and promote Tompkins through community involvement.

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