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Insurance & Financial Services

Ithaca firm among the finalists in 43North startup competition in Buffalo

BUFFALO, N.Y. — 8B Education Investments of Ithaca is among the eight finalists in this year’s 43North startup competition in Buffalo. 8B Education Investments is a fintech platform enabling campuses to meet their revenue and enrollment goals “by tackling the $50 billion gap in education financing facing African students going to study in the U.S.,” […]

Syracuse, Ithaca firms among finalists in FuzeHub commercialization competition

ALBANY, N.Y. — A Syracuse company and two firms with operations in Ithaca are among the 12 finalists in the annual FuzeHub commercialization competition. Triton Bio, Inc. of Syracuse, along with Anova Biomedical, Inc. and Parker Isaac Instruments d/b/a FormaPath, both with operations in Ithaca, are the regional finalists. Additional finalists are located in the

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Berkshire Bank opens new office in DeWitt

DeWITT, N.Y. — Just six months after announcing the sale of a nearby branch in the village of East Syracuse to another bank, Berkshire Bank has opened a new office in the town of DeWitt. The new Berkshire Bank office at 6319 Fly Road in DeWitt will support its business banking, commercial real estate, middle-market

Canandaigua National Bank & Trust plans to open multiple Syracuse–area branches starting in 2025

CANANDAIGUA, N.Y. — Canandaigua National Bank & Trust announced it will be entering the Syracuse market with plans to open multiple branches starting in 2025. Frank Hamlin, III, the bank’s president and CEO, views this announcement as the “next exciting evolution for an organization that has made consistent and considerable growth throughout its history.” Canandaigua

State launches $10 million loan fund for entrepreneurs

ALBANY, N.Y. — New York State has launched a new $10 million fund that will provide qualifying startup and early-stage companies with access to affordable term loans up to $100,000. The Main Street Capital program is part of New York’s broader State Small Business Credit Initiative efforts led by Empire State Development, the office of

Rochester credit union to acquire Generations Bank of Seneca Falls

SENECA FALLS, N.Y. — ESL Federal Credit Union, of Rochester, will acquire Seneca Falls–based Generations Bank in a deal valued at $26.2 million, ESL announced. The acquisition expands ESL’s presence in the Greater Rochester and Finger Lakes region in Seneca, Cayuga, and Orleans counties while expanding its footprint into Ontario County. The combined financial institution

Upstate Golisano Children’s Hospital leader calls $10 million Golisano donation “magical”

SYRACUSE, N.Y. — The executive director of Upstate Golisano Children’s Hospital says the recent $10 million donation from Rochester businessman Thomas Golisano is “magical” for what it means for its future. “Tom has been with us every step of the way in our journey to provide the best care for our kids,” Dr. Gregory Conners,

Nonprofits EFR, ARISE plan to merge

SALINA, N.Y. — The boards of directors of Exceptional Family Resources (EFR) and ARISE say they are planning to merge the nonprofit organizations to “better serve people with disabilities.” EFR operates at 1820 Lemoyne Ave. in the town of Salina. ARISE’s main office is located at 635 James St. in Syracuse. Both EFR and ARISE

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