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

Pathfinder Bank names residential mortgage team leader
OSWEGO, N.Y. — Pathfinder Bank recently announced it has appointed Joleen DiBartolo as residential mortgage team leader and banking officer. In this role, DiBartolo will manage Pathfinder Bank’s residential lending sales team. In addition, she will originate mortgage loans, promote Pathfinder Bank to the local real-estate market, and help identify and serve the community’s needs. […]

First Source FCU donates to support young entrepreneurs
NEW HARTFORD, N.Y. — First Source Federal Credit Union (FCU) recently awarded $5,000 to Mohawk Valley Community College Foundation, Inc. to support the college’s Young Entrepreneurs Academy (YEA!). This latest award brings First Source’s total financial support for the program to $30,000, since its inception 11 years ago. “MVCC and the YEA! program continue to

Banker discusses changes in commercial real-estate market
But what does a post-pandemic environment look like for bankers, real-estate professionals, property owners, and commercial renters? That depends on a variety of factors, says Lindsay Weichert, senior VP, commercial banking group manager at Community Bank, N.A. in DeWitt, but changes are definitely happening. Some of the biggest changes are in the office sector, which

NYCUA Recognition Awards honor area credit unions
Pfisterer The Hall of Fame honors individuals who “devoted their lives to the philosophy and success” of the credit-union movement, and who have made a “significant impact” on credit unions at the local, state or national levels. Pfisterer has been active on NYCUA’s board of directors, serving from 2009-2020, and as chairman from 2015-2017. “I

Generations Bank names new market manager of Cayuga County
AUBURN, N.Y. — Generations Bank has recently appointed Stephanie Northup to assistant vice president (AVP) and market manager of Cayuga County. In her new position, Northup will manage three Generations Bank offices in Cayuga County, including the two Auburn branches located on Seward Avenue and Osborne Street, as well as the office in Union Springs.

Tompkins Financial boosts quarterly dividend by 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 60 cents a share, up 5.3 percent from 57 cents last quarter. The new dividend is payable on Nov. 15, to common shareholders of record on Nov. 8. At Tompkins’

Dannible & McKee completes acquisition of Auburn CPA firm
SYRACUSE, N.Y. — Dannible & McKee, LLP, a Syracuse–based accounting firm, on Monday said it has completed its acquisition of a firm in Cayuga County.

ConMed sales rise more than 10 percent in Q3
ConMed Corp. (NYSE: CNMD) on Wednesday reported that its net sales rose 10.6 percent to $275.1 million in the third quarter, boosted by acquisitions it

Hamilton College names new chief investment officer
CLINTON, N.Y. — Hamilton College has appointed Lauren Jacobson as chief investment officer to manage its more than $1.3 billion endowment. Jacobson will start in
Lockheed Martin boosts quarterly dividend for Q4
The Lockheed Martin Corp. (NYSE: LMT) board of directors has authorized a fourth-quarter, 2022 dividend of $3 per share, up 7.1 percent from the $2.80 a share that the defense contractor paid in the third quarter of this year. The new dividend is payable on Dec. 30, to holders of record as of the close
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.