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Insurance & Financial Services

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Five Star Bank parent company to pay Q3 dividend in early October

WARSAW, N.Y. — Financial Institutions, Inc. (NASDAQ: FISI), parent 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 third-quarter dividend on Oct. 3, to shareholders of record on Sept. 16. It’s the same amount

State offers $6.5M to develop insurance policies to promote clean technologies

A new state program is focused on the research and development of new insurance policies and products “that will promote the adoption of clean technologies” across New York state.  Gov. Kathy Hochul on Sept. 1 announced $6.5 million to support the “Insurance Innovation for Climate-Technology Solutions” program.  The initiative will provide funding for products that manage

Oswego Health tuition assistance helps 30 employees so far

OSWEGO, N.Y. — Oswego Health in 2020 launched a tuition-assistance program for employees who would like to advance their training.  To date, a total of 30 employees have benefited from the program with Oswego Health financially investing more than $383,000. The employees include registered nurse (RN) Melissa Johnson, who was one of 20 RNs who

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