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Insurance & Financial Services

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

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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

New York manufacturing activity grew in September, for the first time in 10 months

The Empire State Manufacturing Survey general business-conditions index climbed 16 points to 11.5 in September with activity expanding for the first time since November 2023. The index rose nearly 2 points to -4.7 in August after slipping less than 1 point to -6.6 in July. The general business-conditions index is the monthly gauge on New

AAA Watertown

AAA Western and Central New York acquires Watertown agency

WATERTOWN — AAA Western and Central New York acquired The Jones & Doldo Insurance Agency earlier this summer, consolidating the office into its AAA Watertown Travel & Insurance Center branch at 19472 U.S. Route 11, the organization announced. “We’re excited about this investment in the Watertown community,” AAA Western and Central New York President/CEO Tony

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