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

Northeast College of Health Sciences names Quest as new VP of finance
Quest, who previously served as the Seneca Falls–based college’s controller, will oversee the work of the finance division in her new role. The division includes

New York manufacturing index turns negative again in December
The Empire State Manufacturing Survey general business-conditions index fell 16 points to -11.2 in December, pointing to a slowdown in manufacturing activity in the state. The general business-conditions index is the monthly gauge of New York’s manufacturing sector. The index had climbed 14 points to 4.5 in November after declining 8 points to -9.1 in
Ask Rusty: Will My Wife’s Benefit Change My Claiming Decision?
Dear Rusty: I’ll be 69 in April 2023, and my wife will be 59 [in about a month]. I’m still working and am trying to determine whether I should take Social Security at 69 or 70. My main question revolves around my wife’s future Social Security benefits and how they will affect my decision on

NBT Bank hires new talent acquisition manager
NORWICH, N.Y. — Catherine Raymond has recently joined NBT Bank as talent acquisition manager. Raymond brings more than a decade of experience she will use

Five Star Bank parent to pay fourth-quarter dividend in early January
WARSAW, N.Y. — Financial Institutions, Inc. (NASDAQ: FISI), parent company of Five Star Bank, recently announced that its board of directors has approved a quarterly cash dividend of 29 cents per common share outstanding. The banking company will pay the fourth-quarter dividend on Jan. 3, to shareholders of record on Dec. 16. At the banking

M&T Bank to pay quarterly dividend of $1.20 a share on Dec. 30
M&T Bank Corporation (NYSE:MTB) recently announced that it has declared a quarterly cash dividend of $1.20 per share on its common stock. The dividend will be payable on Dec. 30 to shareholders of record as of the close of business on Dec. 1. M&T Bank Corp. is a financial-holding company headquartered in Buffalo. Its main banking

SBA offers tips, resources as COVID loan repayments begin
SYRACUSE, N.Y. — Throughout the COVID-19 pandemic, the U.S. Small Business Administration (SBA) made more than $390 billion worth of direct working-capital loans to more than 3.9 million small businesses. In the Central New York region alone, 5,638 loans totaling over $580.25 million were approved. Now, these COVID Economic Injury Disaster Loans (EIDL) are beginning

Empower Federal Credit Union names new president and CEO
SYRACUSE, N.Y. — Empower Federal Credit Union (FCU) on Thursday announced Ryan McIntyre as the credit union’s next president and CEO, effective Jan. 3. McIntyre

Syracuse small businesses can apply for ARPA loans through SEDCO
SYRACUSE, N.Y. — Small businesses in the city of Syracuse can again apply for loan funding from Syracuse’s allocation from the American Rescue Plan Act

Pathfinder Bank settles into second downtown Syracuse branch
SYRACUSE, N.Y. — Oswego–based Pathfinder Bank has opened a branch office at 506 W. Onondaga St. in Syracuse, representing its fourth banking office in Onondaga
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.