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CNYSME selects OneGroup CEO Morrisseau for 2024 Crystal Ball Award
SYRACUSE, N.Y. — The Central New York Sales & Marketing Executives (CNYSME) has selected Pierre Morrisseau, CEO of OneGroup, as the 47th recipient of its
Generations Bank names new president and CEO
Seneca Falls–based Generations Bank on Tuesday announced the appointment of Angela Krezmer as its new president and CEO. The bank had appointed Krezmer as the
Survey: Most Americans concerned about their workplace well being
Nearly three-quarters (74 percent) of American workers are moderately or highly concerned about their workplace well-being. In addition, almost three-fourths of the workers reported a similar level of concern about their emotional well-being or mental health and a quarter rate their mental health as fair or poor. Those are some of the findings from the
Two Cortland insurance agencies to combine next April
CORTLAND, N.Y. — Cortland–based Bailey Place Insurance says it has agreed to acquire Tanner- Ibbotson, Inc., also of Cortland, in a deal that combines two long-time local agencies, effective April 1, 2024. Stephen Franco, president of Bailey Place, said the deal will not impact client relationships and that the acquisition will “bolster” the agency’s offerings,
Launch NY to use $1M MetLife investment to promote upstate entrepreneurship
“MetLife Foundation’s investment enables us to create opportunities for talented entrepreneurs who will encourage growth and economic prosperity in Upstate New York,” Marnie LaVigne, president and CEO of Launch NY, said in the MetLife release. “We value their commitment to the region and look forward to building on our successful partnership.” MetLife Foundation says its
Five Star Bank parent company to pay Q4 dividend of 30 cents a share in early January
WARSAW, N.Y. — Financial Institutions, Inc. (NASDAQ: FISI), parent company of Five Star Bank, announced that its board of directors has approved a quarterly cash dividend of 30 cents per common share outstanding. The banking company will pay the fourth-quarter dividend on Jan. 2, to shareholders of record on Dec. 14. At Financial Institutions’ current
People news: Tompkins Community Bank names Huey residential mortgage loan officer
ITHACA, N.Y. — Tompkins Community Bank announced it has appointed Sherri Huey as assistant VP, residential mortgage loan officer. Huey retired from M&T Bank while
NBT’s Syracuse financial center is up and running in The Post
SYRACUSE, N.Y. — The employees working at NBT Bank’s Syracuse financial center are getting accustomed to its new location inside The Post at 101 N. Salina St. in Syracuse. The bank on Nov. 16 formally opened its relocated Syracuse financial center. “It provides us with very collaborative workspace for our team,” David Kavney, NBT Bank
Syracuse–based FustCharles opens Rochester–area office
BRIGHTON, N.Y. — Syracuse–based accounting and advisory firm FustCharles is now operating a new office in the Rochester region. The decision to open the Rochester–area office — situated at 70 Linden Oaks, Suite 230 in the town of Brighton — “comes as a response to the evolving landscape in public accounting,” the firm said in
N.Y. workers’-compensation rate to decline in 2024
ALBANY, N.Y. — New York expects employers statewide to save more than $50 million in 2024 with a reduced annual workers’-compensation assessment rate. The rate was set Nov. 1 and goes into effect on Jan. 1, 2024, the office of Gov. Kathy Hochul said. For 2024, the workers’-compensation assessment rate will be 9.2 percent of
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