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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 […]
Mohawk Valley organizations receive donated blood-pressure kiosks
UTICA, N.Y. — The American Heart Association (AHA) and the Ronald and Sheila Cuccaro Family Fund have unveiled a blood-pressure kiosk at The Center, located
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
State pension fund commits $2.4 billion more for sustainable investments
ALBANY, N.Y. — The New York State Common Retirement Fund (Fund) has committed an additional $2.4 billion to three funds as part of its Sustainable Investments and Climate Solutions (SICS) program. To date, the Fund has deployed more than $26.5 billion toward its goal of $40 billion, to specific investment opportunities in the SICS program,
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 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
Ask Rusty: How do I apply for Social Security?
Dear Rusty: I just turned 65 years old in February 2025. I need to sign up for Social Security but don’t even know where to start. Signed: Seeking Assistance Dear Seeking Assistance: It’s fairly easy to sign up for your Social Security (SS) benefits, by either calling the Social Security Administration (SSA) at (800) 772-1213
Moody’s gives Syracuse A1 bond rating, stable outlook amid budget battle
SYRACUSE, N.Y. — Moody’s has given the City of Syracuse an A1 bond rating and a stable outlook for the 7th straight year, Syracuse Mayor
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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