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Central New York Community Foundation closes on $490K deal for WCNY training program
SYRACUSE, N.Y. — A local impact-investing program at the Central New York Community Foundation has closed on a $490,000 deal for WCNY’s Entertainment Academy until
NBT Bank names commercial banking regional manager for CNY
SYRACUSE, N.Y. — NBT Bank has appointed Luke Fagan as commercial banking regional manager for the Central New York region. Fagan is based at NBT’s Syracuse financial center in the Post Building in downtown Syracuse, the Norwich–based bank announced. He will be tasked with helping lead and grow the bank’s team of local commercial bankers.
Binghamton University breaks ground on $5.6 million track-and-field project
VESTAL, N.Y. — Binghamton University on Tuesday broke ground on a $5.6 million project to revamp its track-and-field facility near the East Gym. The upgrades
New executive director appointed at Greater Syracuse Business Development Corp.
SYRACUSE, N.Y. — Brian Bund is the new executive director of the Greater Syracuse Business Development Corporation (GSBDC). In this role, Bund is the manager of the certified development corporation and provides strategic leadership to achieve GSBDC’s mission and the board’s vision, overseeing all aspects of program marketing, loan production, processing, servicing and liquidation, according
First Source FCU breaks ground on new Herkimer branch
HERKIMER, N.Y. — First Source Federal Credit Union (FCU) announced it has started the groundwork for a new branch office in Herkimer, scheduled for completion
Home HeadQuarters is Syracuse recipient of $200K KeyBank bicentennial grant
SYRACUSE, N.Y. — Syracuse–based Home HeadQuarters, Inc. will use a $200,000 philanthropic grant from the KeyBank Foundation to support its Affordable Capital Capacity Building project. The funding is meant to “celebrate 200 years of KeyBank’s service to communities across the nation,” per the bank’s announcement. The KeyBank Foundation is donating $200,000 to community-development efforts in
Community Financial System boosts quarterly dividend in Q3
DeWITT, N.Y. — Community Financial System, Inc. (NYSE: CBU) — parent company of Community Bank, N.A. — recently announced that it has increased its quarterly cash dividend by 1 cent, or 2.2 percent, to 47 cents per share for the third quarter. The dividend will be payable on Oct. 10, to shareholders of record as
New study on Ithaca retail strategy urges focus on arts, artisan culture
ITHACA, N.Y. — Downtown Ithaca needs a retail mix that focuses on the merchandising of arts and crafts products, along with marketing campaigns to position Ithaca as a must-visit destination for the arts and artisan culture. Those are among the recommendations in a new study that focuses on a retail strategy for the City of
New York rural counties face severe health-care provider shortage
ALBANY, N.Y. — A recent report by New York State Comptroller Thomas P. DiNapoli found a severe shortage of health professionals, including primary care, OBGYN doctors, pediatricians, dentists, and mental-health practitioners in 16 rural counties in the Empire State. The report, titled “The Doctor is…Out: Shortages of Health Professionals in Rural Areas,” described the shortfalls
Strategic tops $2.5 billion in assets under management
UTICA, N.Y. — Strategic Financial Services, Inc. — an independent wealth-management firm with offices in the Mohawk Valley, Syracuse, and beyond — recently announced that its assets under management have grown to surpass $2.5 billion. “This milestone reflects the continued trust our clients place in us — and our commitment to having ‘good people’ that
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