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Insurance & Financial Services
Program launches for at-risk homeowners
Attorney General Eric Schneiderman said today his office will spend $60 million over three years to fund housing counseling and legal services for struggling New
NBT completes Hampshire First merger
NORWICH — NBT Bank, N.A. wrapped up its merger with New Hampshire–based Hampshire First Bank June 8, making Hampshire First a division of NBT Bank
Auburn and Rochester hospitals end affiliation talks
AUBURN — Auburn Community Hospital will not affiliate with Rochester General Health System after the two parties ended four months of discussions. The health-care providers
Assembly bill would criminalize foreclosure abuse
New legislation pending in the New York State Assembly would set criminal penalties for foreclosure abuses such as robo-signing. The legislation, titled the Foreclosure Fraud
DFS orders forced-placed insurers to propose new rates
Forced-placed insurers operating in New York have less than a month to propose new premium rates after a state Department of Financial Services (DFS) investigation
Solvay Bank expanding headquarters
SOLVAY — Solvay Bank is expanding its headquarters to provide room for future growth. The 17,000-square-foot expansion to the bank’s headquarters at 1537 Milton Ave.
Surace to head Utica chapter of state CPA society
UTICA — Stephen Surace of Deerfield is the new president of the Utica chapter of the New York State Society of Certified Public Accounts (NYSSCPA)
Upstate consumer confidence rises in May on current sentiment
Positive vibes about current conditions drove up consumer confidence in upstate New York in May, according to the latest monthly poll from the Siena (College)
Massachusetts firm acquires the Palmerton Group
A Massachusetts–based environmental and geotechnical consulting firm has acquired the Palmerton Group, LLC of DeWitt. The Palmerton Group, which is headquartered at 6296 Fly Road
Alliance Financial declares quarterly dividend of 31 cents a share
SYRACUSE — Alliance Financial Corp. (NASDAQ: ALNC), the holding company for Alliance Bank, N.A., has declared a quarterly dividend of 31 cents per common share. The dividend is payable
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