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Northwoods takes over management of Norman Shadduck Agency in Binghamton
BINGHAMTON, N.Y. — The Northwoods Corporation entered into a management agreement March 1 with the Norman Shadduck Agency, located at 32 Broad Ave., in Binghamton. Under the agreement, Northwoods now manages the daily operations of the agency. David Shadduck remains the agency’s sole owner and president. Shadduck and the agency’s one employee remain with the […]
Ask Rusty: What’s the Best Way to Start Receiving My Survivor Benefit?
Dear Rusty: When one becomes a widow/widower, what is the most efficient way to start receiving the deceased’s monthly Social Security. Signed: Still Grieving Dear Still Grieving: There is really only one way to start receiving surviving spouse benefits — you must contact Social Security (SS) directly to apply. You can call (800) 772-1213 or
State expects upgraded WARN Act portal to go live in April
“Improving user experience is a top priority to the Department and embracing technological solutions is helping us fulfill that mission,” Roberta Reardon, commissioner of the New York State Department of Labor, said. “These latest improvements will help employers give workers a heads-up about closures and layoffs. Early warnings help shorten the time that employees are
AAA Western NY & CNY names VP of corporate & business development
AAA Western and Central New York announced it has hired a new VP of corporate and business development. Chris Johnston joined in January and will be responsible for developing strategy to develop, grow, and diversify products and service offerings for AAA Western and Central New York, the organization said in a release. He brings significant
Bond law firm names chief human resources officer
SYRACUSE — Bond, Schoeneck & King PLLC recently announced it has named Pamela M. O’Rourke as the law firm’s chief human resources officer. O’Rourke oversees the human resources department, working with the Syracuse–based firm’s leadership on issues relating to its people. She is responsible for the overall administration, coordination and evaluation of a variety of
Chemung Financial to pay Q1 dividend of 31 cents in early April
ELMIRA, N.Y. — Chemung Financial Corp. (NASDAQ: CHMG) recently announced that its board of directors has approved a quarterly cash dividend of 31 cents a share of its common stock. The banking company will pay the dividend on April 3, to shareholders of record as of the close of business on March 20. At Chemung
People news: AmeriCU hires new financial center manager
ROME, N.Y. — AmeriCU Credit Union has hired Heidi Stewart as manager of its Griffiss Financial Center in Rome. In her new role, Stewart will
Byrne appointed to M&T Bank Directors Advisory Council for CNY
SYRACUSE, N.Y. — M&T Bank recently announced it has appointed Mark V. Byrne, president & CEO, of Sonbyrne Sales Inc./Byrne Dairy Stores, to its Directors Advisory Council for Central New York. Serving as ambassadors to the business community, the 10-member council meets regularly throughout the year to provide bank leadership with valuable perspectives and solutions
Pathfinder Bancorp profit slips 10 percent in Q4
OSWEGO, N.Y. — Pathfinder Bancorp, Inc. (NASDAQ: PBHC), the holding company for Pathfinder Bank, recently reported net income of $3.5 million, or 58 cents a share, in the fourth quarter, down 10 percent from $3.9 million, or 64 cents, in the year-prior quarter. The banking company reported total revenue (net interest income plus total noninterest
Excellus reports 50 percent drop in net income in 2022
ROCHESTER, N.Y. — Excellus BlueCross BlueShield, Central New York’s largest health insurer, reported net income of $58.9 million on $6.6 billion in premium revenue in
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