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

Farm bill one-year extension includes farmer-payment program
The Farm Bill is now operating on a one-year extension, having been included in the continuing resolution budget deal that President Joe Biden signed Nov. 17. That’s according to the office of U.S. Senate Majority Leader Charles Schumer (D–N.Y.), which also noted that Schumer secured the one-year extension of the Farm Bill in that legislation. […]

Hochul signs bill to streamline payments to ambulance-service providers
ALBANY, N.Y. — Gov. Kathy Hochul this week signed a bill that will streamline payments to ambulance-service providers. The measure “authorizes payments to nonparticipating or

KeyBank honors Syracuse–area business owner at annual Key4Women awards
SYRACUSE, N.Y. — KeyBank has honored a town of Salina business owner as its 2023 Key4Women Achieve Award winner. KeyBank’s Key4Women Syracuse chapter recognized Susan

Farm bill with farmer-payment program extended for a year, Schumer says
U.S. Senate Majority Leader Charles Schumer (D–N.Y.) on Friday announced that he has secured an extension of the dairy margin coverage (DMC) program that he

Chemung Financial reports Q3 profit increase of 17 percent
ELMIRA, N.Y. — Chemung Financial Corp. (NASDAQ: CHMG), the parent company of Chemung Canal Trust Company, recently reported third-quarter net income of $7.6 million, or $1.61 per share, up nearly 17 percent from $6.5 million, or $1.37 a share, in the year-ago quarter. When adjusted for non-recurring items, Chemung Financial posted quarterly earnings of $1.21

Berkshire Bank’s parent company to pay Q4 dividend of 18 cents on Nov. 30
Berkshire Hills Bancorp, Inc. (NYSE: BHLB) — parent company of Berkshire Bank, which has a large presence in the Mohawk Valley region — recently announced that its board of directors has approved a quarterly cash dividend of 18 cents per common share. The dividend is payable on Nov. 30, to shareholders of record as of

Britton joins S.E.E.D. Planning Group as a financial planner
BINGHAMTON, N.Y. — S.E.E.D. Planning Group, LLC recently announced that Sean Britton has joined the firm as a financial planner in its Binghamton office. In this role, he will serve as a hybrid planning specialist, coordinating with S.E.E.D.’s financial and tax planning teams — implementing financial plans with specialized tax-planning opportunities. Before joining S.E.E.D., Britton

NBT Bank formally opens new Syracuse financial center location in The Post
SYRACUSE, N.Y. — NBT Bank on Thursday formally opened its relocated Syracuse financial center, which now operates inside The Post at 101 N. Salina St.

People news: Fulton Savings Bank appoints VP of HR & marketing
FULTON, N.Y. — Laurie A. Smith recently joined Fulton Savings Bank as VP of human resources and marketing. Smith succeeds Annette Cotton, who will retire

First female CEO to take helm at Utica National Insurance next year
NEW HARTFORD, N.Y. — Utica National Insurance Group’s board of directors announced that Chairman/CEO Richard P. Creedon will retire next year. Kristen H. Martin, currently
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.