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

AmeriCU announces major expansion of membership field
ROME, N.Y. — Big things are happening at AmeriCU Credit Union. The Rome–based credit union began this year with several strategic moves that set the organization up for continued growth, including opening a virtual branch and other innovative technology as well as adding several new positions, including three business-relations managers. “We have experienced considerable organic […]

SFCU breaks ground on new Cicero branch office
CICERO, N.Y. — Sidney Federal Credit Union (SFCU) recently formally broke ground on its first Syracuse–area branch at 8062 Brewerton Road in Cicero. Construction will begin as soon as the town approves permits, with plans to complete the project by the end of this year or early 2024. Principle Design Engineering, PLLC of Norwich is

CFCU Community Credit Union names assistant VP of business lending
ITHACA, N.Y. — CFCU Community Credit Union has promoted Margo Korowajczyk to assistant VP, business lending. She oversees the business-loan portfolio and is responsible for analyzing all business-lending documentation, the credit union said in a release. As part of her new role, Korowajczyk will annually obtain and analyze financial statements and current tax returns in

Peoples Security Bank appoints Earley as assistant branch manager in Binghamton office
BINGHAMTON, N.Y. — Peoples Security Bank & Trust recently announced that it has promoted Duane Earley to assistant branch manager of its Binghamton office. With this new position, Earley will take on a more active role in establishing a team-based culture and developing positive sales growth at the branch, the bank said in a release.

Walsh names new commissioner of finance
SYRACUSE, N.Y. — Syracuse Mayor Ben Walsh has named Michael Cannizzaro the City of Syracuse’s new commissioner of finance. Cannizzaro has been working for the
SBA Syracuse-Upstate district leader Paprocki to retire July 29
SYRACUSE, N.Y. — Bernard J. Paprocki — director of the Syracuse-Upstate New York district of the U.S. Small Business Administration (SBA) — plans to retire

Greater Binghamton Chamber honors young professionals
ENDWELL, N.Y. — The Greater Binghamton Chamber of Commerce honored nine young professionals and one mentor with its annual HYPE Awards on Thursday evening at

Seneca Foods’ net sales flat in latest quarter, up in last year
FAIRPORT, N.Y. — Seneca Foods Corp. (NASDAQ: SENEA, SENEB) recently reported net sales of $331.1 million for the three-month period ending March 31, virtually unchanged from $332.4 million in the year-prior quarter. The company — a Finger Lakes–based provider of packaged fruits and vegetables, with facilities across the U.S., including Geneva and Penn Yan —

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