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

Berkshire Bank parent starts search for new CFO
BOSTON — Berkshire Hills Bancorp, Inc. (NYSE: BHLB), parent company of Berkshire Bank, has launched a search for a new chief financial officer after CFO

Pinnacle Investments names chief compliance officer
SYRACUSE, N.Y. — Pinnacle Investments, a financial-services firm headquartered in Syracuse, announced it has promoted Monica Coles to chief compliance officer. Prior to joining Pinnacle

Haylor, Freyer & Coon is sold to national insurance firm
SYRACUSE, N.Y. — Haylor, Freyer & Coon, Inc., a 94-year-old Syracuse–based insurance agency, has been sold to Alera Group, an independent national insurance and wealth

First Source’s DeMetri named to American Heart Association’s local board and Circle of Red co-chair
NEW HARTFORD, N.Y. — The American Heart Association’s local board of directors has appointed Amy DeMetri, executive VP of First Source Federal Credit Union, as a board member. In addition, she has been appointed to a leadership role for this year’s Go Red for Women’s “Circle of Red” committee, according to a First Source news

Consumer debt increases as pandemic winds down
New York has the fourth highest houshold debt in the nation, with average debt climbing to $53,830 at the end of 2021, according to a recent report by New York State Comptroller Thomas P. DiNapoli. National household debt totaled $15.6 trillion with New York households accounting for $869.4 billion, or 5.6 percent, of that. That places the Empire

LISC invests $1 million in Salina 1st project
SYRACUSE, N.Y. — The ongoing Salina 1st project at 1081 S. Salina St., just south of downtown Syracuse, will use a $1 million investment from
Pathfinder to pay 3rd quarter dividend of 9 cents a share in November
OSWEGO, N.Y. — James A. Dowd, president and CEO of Pathfinder Bancorp, Inc. (NASDAQ: PBHC), the bank holding company of Pathfinder Bank, announced that the banking company has declared a cash dividend of 9 cents per share on its common stock. The third quarter 2022 dividend will be payable to all shareholders of record on

The Real Estate Agency of Auburn acquires Bouck Real Estate
AUBURN, N.Y. — The Real Estate Agency of Auburn on Friday announced it has acquired Bouck Real Estate, a commercial real-estate firm, also located in

New consulting firm helps businesses define, achieve goals
SYRACUSE, N.Y. — Just about a year ago, Mark O’Donnell found himself at a crossroads. He had just wrapped up a career that began in engineering and ended in management and needed to figure out his next steps. After playing a lot of golf, he realized he wasn’t ready to give up work just yet.

Corning’s First Heritage FCU expands territory to include New York’s Tioga County
CORNING, N.Y. — First Heritage Federal Credit Union (First Heritage FCU), which is headquartered in Corning, is expanding its field of membership into eight additional
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.