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NYCUA selects preferred digital provider
The New York Credit Union Association (NYCUA) has selected Eltropy — a digital conversations platform for community financial institutions — as its preferred provider and sponsor. Milpitas, California–based Eltropy will be presenting at the NYCUA convention in June., the company said. “The ability to engage with members digitally as well as in-branch becomes increasingly important […]
New York closed home sales dive 28 percent in March
ALBANY, N.Y. — New York realtors sold 7,633 previously owned homes in March, a 28.4 percent decline from 10,664 homes sold in the year-earlier month. Pending sales also declined more than 11 percent, foreshadowing further drops in closed home sales in the next couple of months. That’s according to the March monthly housing report that
Talberg joins NYISO board of directors
RENSSELAER, N.Y. — The New York Independent System Operator (NYISO), the nonprofit that operates New York state’s power grid, added Sally Talberg to its board of directors, effective April 18. She has more than 25 years of experience in the energy and environmental fields, with an emphasis on utility regulation and electricity markets, according to
People news: Barclay Damon adds attorney in Syracuse office
SYRACUSE, N.Y. — Barclay Damon announced that Christopher Babiarz has recently joined the law firm’s real estate and institutions & lending practice areas as an
People news: Visions Federal Credit Union hires new community development manager
ENDWELL, N.Y. — Visions Federal Credit Union announced it has hired Hanna Mitchell as community development manager. In this role, Mitchell leads the Visions Cares
Ithaca Carshare to pause service May 19
ITHACA, N.Y. — Ithaca Carshare will pause its operations beginning May 19 due to an inability as a nonprofit to find auto-insurance coverage. In a
Fetsko to step down from dual role at Tompkins Financial
ITHACA, N.Y. — After 27 years of service to the company, Francis M. Fetsko will retire this fall from his roles as chief financial officer
Visions holds annual meeting, announces board appointments
ENDWELL, N.Y. — Visions Federal Credit Union elected three directors to its board of directors during the credit union’s 57th annual meeting, which was held recently at its headquarters located in Endwell. In addition, a special reorganization meeting following the annual meeting included the election of new officers and appointments, per an April 11 news
Community Bank earnings drop after securities-sale losses
DeWITT, N.Y. — Community Bank System, Inc. (NYSE: CBU), parent company of Community Bank, N.A., recently reported that its earnings plummeted in the first quarter, with net income falling nearly 88 percent to $5.8 million from $47.1 million a year ago, in the wake of a balance-sheet repositioning. Earnings per share dropped nearly as much,
Financial literacy is a business must, banker says
DeWITT, N.Y. — Often thought of as something for individual consumers, financial literacy can be an important element of business ownership, according to one area banking professional. There are really two prongs to financial literacy for business owners, says Laura Mattice, Community Reinvestment Act officer at Community Bank, N.A. The first prong is really understanding
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