Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.

Smith Brothers Insurance acquires Connecticut agency
Connecticut–based Smith Brothers Insurance, LLC, which operates offices in Owego, Vestal, Waverly, and Albany, has acquired Charter Oak Agency effective July 1, the company announced.

SUNY Oswego financial-aid leader appointed to NCAA board to support student-athletes
OSWEGO, N.Y. — SUNY Oswego says Rodrick Andrews, the school’s assistant VP for admissions and financial aid, was recently appointed to the NCAA Division III financial-aid committee. The school sees the appointment as providing Andrews the “opportunity to support student-athletes nationwide,” per its announcement. “I’m bringing in [more than 25] years of experience working with

Founder of insurance agency in Lake Placid elected chair of Big I New York board of directors
DeWITT, N.Y. — Big I New York, a trade association for independent insurance agents in New York, announced the recent election of Kelly Gonyo as chair of its board of directors for the 2025–2026 term. Gonyo is the founder and president of Blue Line Insurance Agency, headquartered in Lake Placid. “A dedicated leader within the

Liverpool man arrested for embezzling $13K from Cortland County auto dealer
HOMER, N.Y. — New York State Police at Homer arrested and charged a Liverpool man for embezzling from a Cortland County auto dealership for which

Community Memorial Hospital receives Excellus award in support of biopsy program
HAMILTON, N.Y. — The Community Memorial Hospital (CMH) Center for Surgical Services has received a 2025 Health and Wellness Award from Excellus BlueCross BlueShield to

Community Bank announces acquisition of 7 Pennsylvania bank branches
DeWITT, N.Y. — Community Bank, N.A., a subsidiary of Community Financial System, Inc., (NYSE: CBU) announced it will acquire seven branches of Santander Bank, N.A. in Allentown, Pennsylvania. The deal also includes certain branch-related loans and deposits, and Community Bank will purchase related wealth-management relationships. Community Bank expects to assume about $600 million in deposits

City of Syracuse, developer break ground on upcoming housing, retail project
SYRACUSE, N.Y. — Work is beginning on a new mixed-use development on Syracuse’s East side that’s located within walking distance of Syracuse University. Officials broke ground on the project, known as The Rosie, on Tuesday afternoon at 1301 E. Genesee St. in Syracuse. The Michaels organization of Camden, New Jersey joined the City of Syracuse

Canandaigua National Bank & Trust, which plans to expand to Syracuse area, announces rebrand
CANANDAIGUA, N.Y. — Canandaigua National Bank & Trust, which has plans to expand into the Syracuse area later this year, on Monday said it is

New York manufacturing activity declines for a fourth straight month in June
The Empire State Manufacturing Survey general business conditions index fell to -16.0 in June, with business activity in the sector declining for a fourth consecutive month. In the past few months, the index dipped to -9.2 in May after rising 12 points but remaining below zero at -8.1 in April. The index fell 26 points

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
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.