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VIEWPOINT: What Employers Need to Know about the NYS Healthcare Worker Bonus program
On Aug. 3, 2022, details of a new Healthcare Worker Bonus (HWB) Program were introduced in the New York State 2022-2023 budget. It allocates $1.3 billion for the payment of recruitment and retention bonuses to certain employees in frontline health care and mental-hygiene positions. This program follows the ongoing workforce effects from the global coronavirus pandemic […]
VIEWPOINT: A New World of Investing: Combating Inflation through Innovative Strategies
When it comes to investing, there have been a set of standard practices that have benefited long-term investors. That being said, in our current economic climate, where inflation rates are at an all-time high and the average American holds more than $90,000 in debt, investors have had to turn to new, modern ways to invest
People news: Preferred Mutual hires DeHetre as senior VP
NEW BERLIN, N.Y. — Michael DeHetre has joined Preferred Mutual Insurance Company as senior VP of underwriting and product. He will provide leadership and strategic
Chemung Financial names Meade to board of directors
ELMIRA, N.Y. — Chemung Financial Corp. (NASDAQ: CHMG) announced that its board of directors has elected Joseph F. Meade IV to a seat on the board. Meade will stand for shareholder election of a two-year term at the banking company’s annual meeting of shareholders in June 2023. All directors of Chemung Financial also serve on
Visions CEO Muse receives AACUC Lifetime Achievement Award
ENDWELL, N.Y. — The African-American Credit Union Coalition (AACUC) recently announced Ty Muse, Visions Federal Credit Union (FCU) president and CEO, as the 2022 honoree of its Pete Crear Lifetime Achievement Award. The Pete Crear Lifetime Achievement Award recognizes “a credit union professional or volunteer whose career best embodies the AACUC’s mission to increase the
People news: Generations Bank names Seneca County market manager
SENECA FALLS, N.Y. — Generations Bank announced it has promoted Jenny Humphreys to market manager of Seneca County. In this position, Humphreys will manage two
Herkimer County HealthNet to use Excellus funding for diabetes-prevention workshops
HERKIMER, N.Y. — Excellus BlueCross BlueShield is providing Herkimer County HealthNet with $2,500 in funding to provide diabetes-prevention workshops in Herkimer County. In recent years,
New York awarded $500 million in ARPA funding to support small businesses
The federal government has awarded New York State just over $500 million in funding to support small businesses through the State Small Business Credit Initiative
Community Bank System to pay increased dividend on Oct. 10
DeWITT, N.Y. — Community Bank System, Inc. (NYSE: CBU) announced it will pay shareholders a quarterly cash dividend of 44 cents per share of its common stock on Oct. 10. The dividend, which is payable to shareholders of record as of Sept. 15, represents a rise of 1 cent, or 2.3 percent, over last quarter’s
Excellus offering nonprofits funding to deal with racial and ethnic health disparities
ROCHESTER, N.Y. — Nonprofit organizations can apply for funding to help fund health and wellness programs that “address racial and ethnic health disparities in upstate
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