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Community Bank parent to pay Q1 dividend of 47 cents in April
DeWITT, N.Y. — Community Financial System, Inc. (NYSE: CBU) — parent company of Community Bank, N.A. — says it will pay a quarterly cash dividend
Hochul proposes measures to bring down auto-insurance rates
ALBANY, N.Y. — Gov. Kathy Hochul used her Jan. 13 State of the State address to announce a series of reforms to bring down auto-insurance rates and take action against “bad actors” whose fraudulent claims drive up costs. The new proposals include a “whole-of-government approach” to crack down on auto-insurance fraud. New Yorkers pay some
NYS Insurance Fund offers SUNY students paid internships
ALBANY, N.Y. — The New York State Insurance Fund (NYSIF) is offering SUNY students paid internships. Through the partnership, NYSIF will provide 100 SUNY students with a paid internship at NYSIF offices throughout New York state beginning this year, SUNY Chancellor John King, Jr. announced Dec. 23. NYSIF is the largest workers’-compensation insurer in New
GROW Wealth Partners adds two financial advisors from the Rochester area
PHOENIX, N.Y. — GROW Wealth Partners — an advisory and wealth-management firm with offices in Phoenix, Watertown, and Potsdam — has brought aboard two Rochester–area financial advisors in a merger. Richard Anderson, of Anderson & Associates, and James Farley, of Farley Financial, are merging their operations with GROW Wealth Partners. Both Anderson and Farley are
EBRI presents Lifetime Achievement Award to two benefits-industry leaders
The Employee Benefit Research Institute (EBRI) has recognized two benefits-industry leaders for devoting their careers to “preserving, protecting and enhancing” retirement security and health benefits. The Washington, D.C.–based EBRI has honored Mathew Greenwald, founder & managing director of Greenwald Research, and James Klein, senior advisor with the American Benefits Council, with its 2025 Lifetime Achievement
Fidelis Care presents $15,000 food security grant to Food Bank of Central New York
VAN BUREN, N.Y. — Fidelis Care, a statewide health plan with more than 2.4 million members in New York state and a Centene Corporation company, on Dec. 3 presented a $15,000 Here for Your Health food security grant to Food Bank of Central New York in the town of Van Buren. This grant is one
Fulton CDA receives $368,000 in state funding for homebuyer down payment assistance program
FULTON, N.Y. — The Fulton Community Development Agency (FCDA) on Jan. 13 announced it has been awarded $368,000 in New York State HOME Local funding to operate a homebuyer down payment assistance program in the city of Fulton. The program is designed to expand sustainable homeownership by helping income-eligible, first-time homebuyers overcome the affordability gaps
Community Bank to acquire Indiana bank, boosting wealth-management offerings
DeWITT, N.Y. — Community Financial System, Inc. (NYSE: CBU) on Thursday announced that its wholly owned banking subsidiary, Community Bank, N.A., has entered into an
Reviewing the new New York State health-care laws
ALBANY, N.Y. — A new year means New York State has some new health-care laws that are now in effect. Health insurers will be required to cover medically necessary EpiPens and cap out-of-pocket costs at $100 per year; breast cancer screening and imaging; and the cost of scalp-cooling systems to reduce hair loss during chemotherapy,
Pathfinder to pay Q4 dividend of 10 cents in early February
OSWEGO, N.Y. — Pathfinder Bancorp, Inc. (NASDAQ: PBHC), the bank holding company of Pathfinder Bank, has declared a cash dividend of 10 cents per share of its common stock for the fourth quarter of 2025. The dividend is payable on Feb. 6 to all shareholders of record as of Jan. 16, according to a Dec.
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