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

AAA Western and Central New York names new director of insurance
AMHERST, N.Y. — AAA Western and Central New York says it has a new director of insurance. Jen Ketchum brings 21 years of experience in both insurance sales and service to the role, which oversees all insurance operations across AAA’s regional footprint in Western and Central New York. She will manage the entire insurance team […]

WNY health insurer affiliates with MVP Health Care
SCHENECTADY, N.Y. — A Western New York health plan is affiliating with Schenectady–based MVP Health Care. Independent Health will join MVP’s family of companies, subject to regulatory approvals. The boards of directors of both organizations unanimously approved the transaction, per MVP’s Nov. 18 announcement. Neither health insurer released financial terms of their agreement. In their

Five Star Bank parent company to pay Q4 dividend of 31 cents in early January
WARSAW, N.Y. — Financial Institutions, Inc. (NASDAQ: FISI), parent company of Five Star Bank, announced that its board of directors has recently approved a quarterly cash dividend of 31 cents per share of its common stock outstanding. Financial Institutions will pay the fourth-quarter dividend on Jan. 2, to shareholders of record on Dec. 15. At

Utica First Insurance Company readies for leadership transition
UTICA, N.Y. — Utica First Insurance Company will have a new president and CEO when the calendar turns to 2026. Ryan Fleming will succeed retiring president and CEO Scott Shatraw. The firm announced Fleming’s appointment on Sept. 16. Fleming joined Utica First Insurance in 2024 as VP of marketing and agencies and has “demonstrated his

Community Financial System appoints Vaccaro as new independent director
DeWITT, N.Y. — Community Financial System, Inc. (NYSE: CBU) announced it has appointed John A. Vaccaro to its board of directors as a new independent director, effective Oct. 1. Vaccaro is chairman emeritus of MML Investors Services, LLC, a national broker-dealer and registered investment advisor with more than $285 billion in assets under management, and
VIEWPOINT: Gender-Based Violence & the Workplace Policy Mandate Goes into Effect
It’s for bidders on NYS contracts As part of this year’s budget, New York State added Section 139-m to the State Finance Law, which requires bidders on competitive state procurements to certify that they have a written policy addressing gender-based violence and the workplace and that such policy meets certain requirements. The law went into effect

Tompkins Financial Advisors’ chief investment officer to retire
ITHACA, N.Y. — Tompkins Financial Advisors announced that Geoff Blyth, senior VP and chief investment officer, has decided to retire in early 2026 from his role — after nearly seven years in the position. Tompkins Financial Advisors is the wealth-management arm of Tompkins Financial Corp. (NYSE: TMP), an Ithaca–based financial services holding company that is

Community Bank expands footprint in Pennsylvania’s Greater Lehigh Valley
DeWITT, N.Y. — The deal was first announced back in June, and on Nov. 10, Community Bank, N.A. said it had completed its acquisition of seven branch locations from Santander Bank, N.A. in the Allentown, Pennsylvania area. Community Bank is a wholly owned banking subsidiary of Community Financial System, Inc. (NYSE: CBU), which is headquartered

Tompkins Financial boosts quarterly dividend by nearly 5 percent
ITHACA ,N.Y. — Tompkins Financial Corp. (NYSE: TMP) recently announced that its board of directors has approved payment of a regular quarterly cash dividend of 65 cents per share for the fourth quarter, up 4.8 percent from the 62 cents it paid last quarter. The new dividend was payable on Nov. 14, to common shareholders

Pathfinder Bancorp posts profit improvement in Q3
OSWEGO, N.Y. — Pathfinder Bancorp, Inc. (NASDAQ: PBHC), the holding company for Pathfinder Bank, reported net income attributable to common shareholders of $626,000, or 10 cents per share, in the third quarter of this year. That’s a significant improvement from $31,000, or less than 1 cent a share, in the second quarter of this year,
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.