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

Pathfinder to pay 2nd quarter dividend of 9 cents on Aug. 11
OSWEGO, N.Y. — Pathfinder Bancorp, Inc. (NASDAQ: PBHC), bank holding company of Pathfinder Bank, announced on July 3 that it has declared a quarterly cash dividend of 9 cents per share on its common stock for the second quarter of this year. The dividend will be payable to all Pathfinder shareholders of record on July […]

Excellus names new advisory board members for Utica region
Excellus BlueCross BlueShield, the largest health insurer in the Mohawk Valley and Central New York, announced it has named Lisa Betrus, Justin Hummel, Kelly Walters, and Dr. Mario Victoria to its Utica regional advisory board. Betrus is the senior VP and chief value officer for Bassett Healthcare Network and president of Valley Health Services and

People news: NBT Bank adds two to Utica Financial Center team
UTICA, N.Y. — NBT Bank announced it has added two new employees to its Utica Financial Center. Michael Cowan joined the bank as VP and

NBT Bancorp to close on Salisbury Bancorp acquisition on Aug. 11
NORWICH, N.Y. — NBT Bancorp Inc., (NASDAQ: NBTB) announced it will complete its acquisition of Connecticut–based Salisbury Bancorp, Inc. on Aug. 11, now that it

Moody’s, S&P affirm “stable outlook” for Onondaga County bond ratings
SYRACUSE, N.Y. — Moody’s Investors Service has affirmed Onondaga County’s bond rating of “Aa2” with a stable outlook, and S&P Global Ratings also affirmed its

Smith Brothers Insurance acquires Massachusetts firm
Smith Brothers Insurance, which has New York offices in Vestal, Owego, Waverly, and Rensselaer, says it has acquired an independent insurance agency located in Worcester,

M&T Bank announces commercial bank hires, promotions
Buffalo — M&T Bank (NYSE: MTB) — which ranks No. 1 in deposit market share in the 16-county Central New York region — recently announced a group of leadership updates in its commercial bank unit. The changes include the following promotions and new hires. Tim Gallagher has been named head of commercial real estate (CRE).

Cerminaro named CEO of Community Bank Wealth Management
DeWITT, N.Y. — Community Bank System, Inc. (NYSE: CBU) recently announced that Michael T. Cerminaro has been appointed president and CEO of the Community Bank Wealth Management division of its Community Bank, N.A. banking subsidiary. Cerminaro joins the bank with more than 30 years of experience, having most recently served as market head for the

Brown & Brown, Inc. (NYSE: BRO), the Florida–based insurance-brokerage parent of Syracuse–based Brown & Brown Empire State, recently announced it has appointed Barry Hensley as chief security officer (CSO) and Rob Burch as chief information security officer (CISO). “With the addition of a CSO role and the talents of Barry and Rob, Brown & Brown

Community Bank System CEO, Tryniski, to retire at year’s end
DeWITT, N.Y. — Community Bank System, Inc. (NYSE: CBU) President/CEO Mark E. Tryniski will retire at the end of this year, and Dimitar A. Karaivanov,
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.