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Chemung Financial pays Q4 2025 dividend of 34 cents
ELMIRA, N.Y. — Chemung Financial Corporation (NASDAQ: CHMG), parent company of Chemung Canal Trust Company, recently paid investors a quarterly cash dividend of 34 cents per share for the fourth quarter. Common-stock shareholders of record as of the close of business on Dec. 19, received the payment on Jan. 2. At the banking company’s current […]
Two Rochester–area financial advisors join GROW Wealth Partners
PHOENIX, N.Y. — Two Rochester–area financial advisors are merging their firms with GROW Wealth Partners, a Syracuse advisory and wealth-management firm. Richard Anderson of Anderson
FustCharles expands to Capital Region
SYRACUSE, N.Y. — FustCharles, a Syracuse–based accounting, tax, and advisory firm, on Tuesday said that an accounting firm based in the Capital Region has joined
Northern New York federal credit union merges with AmeriCU
ROME, N.Y. — AmeriCU Credit Union and Mountain Valley Federal Credit Union completed their merger on Dec. 1, 2025, Rome–based AmeriCU announced Monday. The transaction brings together two nonprofit financial institutions into a “single, stronger” organization serving more than 200,000 members with $2.8 billion in assets and 25 locations across New York State, per the
Rochester credit union completes acquisition of Generations Bank
ROCHESTER, N.Y. — ESL Federal Credit Union (ESL) of Rochester says it has completed the acquisition of substantially all of the assets of Generations Bancorp
Viewpoint: Year-End Tax and Financial-Planning Strategies
The end of the year is nearly here, but there’s still time to take a closer look at your financial picture and make the most of tax-planning opportunities before the calendar turns to 2026. Thoughtful year-end planning can reduce your current tax bill, position you for long-term growth, and help ensure your wealth is transferred
Five Star Bank parent company completes $80 million subordinated debt offering
WARSAW, N.Y. — Financial Institutions, Inc. (NASDAQ: FISI), parent company of Five Star Bank, announced that it has recently completed a private placement of $80 million in aggregate principal amount of fixed-to-floating rate subordinated notes (maturing in 10 years) to qualified institutional buyers and accredited institutional investors. The notes have a maturity date of Dec.
Casullo appointed to M&T Bank Directors Advisory Council for CNY
SYRACUSE, N.Y. — M&T Bank recently announced it has appointed David Casullo, founder and CEO of Daneli Partners, to its Directors Advisory Council for Central New York. The 11-member council meets regularly to discuss business, customer, and community impact opportunities within Central New York and provides insights to support M&T’s ongoing efforts to develop locally
Upstate nonprofits win Excellus 2025 Health Equity Innovation grant awards
Rochester–based health insurer Excellus BlueCross BlueShield says a total of 22 Upstate nonprofit organizations have received 2025 Health Equity Innovation Awards. Excellus describes the grants as an annual-funding opportunity that supports nonprofit organizations working to eliminate health disparities and improve health outcomes across upstate New York. Twenty-two nonprofit organizations in the Central New York/Southern Tier,
VIEWPOINT: Snowbirds Beware: The Ins & Outs of Nonresident Income & Estate Tax
It’s that time of year again, when snowbirds break out their suitcases and make plans to flee the Empire State for warmer weather. Anyone who has experienced New York winters can appreciate the desire to avoid the back-breaking shoveling, frozen eyelashes, and wind-burned cheeks of a typical New York January and February. While weather is
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