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

Solvay Bank to pay quarterly dividend of 42 cents a share in late April
SOLVAY, N.Y. — Solvay Bank Corp. (ticker: SOBS), the holding company for Solvay Bank, recently announced that its board of directors has declared a cash dividend of 42 cents per share of its common stock for the first quarter. The dividend is payable on April 28, to shareholders of record at the close of business […]
AmeriCU Credit Union names new board chair and vice chair
ROME, N.Y. — AmeriCU Credit Union recently appointed two new leaders of its board of directors. Nick Fabrizio serves as the board’s chair while Jennifer Stowell is the vice chair of the credit union’s volunteer board. Both will serve three-year terms. Fabrizio is founder and CEO of Fabrizio & Company, a management-consulting firm in Baldwinsville.

Visions FCU opens new, revamped branch in Tioga County
NEWARK VALLEY, N.Y. — Visions Federal Credit Union (FCU) announced the opening of its newly rebuilt branch office in Newark Valley in Tioga County. The

WISE Women’s Business Center receives $100,000 Syracuse University grant
SYRACUSE, N.Y. — Syracuse University announced it is investing $100,000 in the WISE Women’s Business Center (WBC). This new special-impact grant will allow WISE WBC

Syracuse distressed-property fund application deadline comes in late April
SYRACUSE, N.Y. — Anyone interested in seeking funding through the City of Syracuse’s distressed-property fund has until 3 p.m. on April 26 to submit an application. The new distressed-property fund seeks to spur redevelopment and improvement of vacant, distressed commercial, mixed-use and historic properties in the city. It uses money from the American Rescue Plan
Retail Council of New York State partners with Albany firm to boost insurance offerings for members
ALBANY, N.Y. — The Retail Council of New York State has a new insurance partnership that allows the organization to offer a full suite of insurance products to its members. The Retail Council has partnered with Albany–based Mohawk Insurance Services, Inc., per a March 6 announcement. The new partnership represents an expansion of its insurance

State attorney general investigating Hamilton tax and insurance firm
WAMPSVILLE, N.Y. — New York Attorney General Letitia James on Tuesday announced that her office is investigating a Madison County tax preparation and insurance-services firm.

Finland company completes acquisition of Cryomech of DeWitt
DeWITT, N.Y. — Bluefors, a Helsinki, Finland–based manufacturer of cryogenic-measurement systems, on Tuesday announced the completion of its acquisition of Cryomech, a cryocooler-technology and manufacturing

Schumer says guidance released on investment tax credit for semiconductor manufacturers
U.S. Senate Majority Leader Charles Schumer (D–N.Y.) on Thursday announced the initial guidance for the investment tax credit (ITC) for semiconductor manufacturing is now available.

New York Credit Union Foundation adds Alternatives Credit Union CEO as trustee
ITHACA, N.Y. — Kevin Mietlicki, president and CEO of Alternatives Credit Union in Ithaca, became a trustee of the New York Credit Union Foundation at the start of this year. He will serve a three-year term on its board. “Credit unions that I have been a part of in the past have used the Foundation,”
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.