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Insurance & Financial Services

Community Bank’s Penny named to AHA’s Syracuse Advisory Board

DeWITT, N.Y. — Community Bank N.A. announced that its VP and director of marketing, Dara Penny, has been appointed to the American Heart Association’s (AHA) Syracuse Advisory Board. In this new role, Penny will help drive AHA’s “mission for a world of longer, healthier lives through fundraising, advocacy, and volunteer efforts.” Penny, who has been […]

NCUA rates the Summit FCU as “well capitalized”

The Summit Federal Credit Union (FCU) is rated as “well capitalized” by regulators with the National Credit Union Administration (NCUA).  It represents NCUA’s highest rating category for credit union net worth, the Summit FCU said in a May 20 release providing details about its May 19 virtual annual meeting.  The credit union said it “enjoyed

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Chemung Canal Trust adds account for the underserved

ELMIRA, N.Y. — Chemung Canal Trust Company recently added a new checking product aimed at people who don’t currently utilize a bank or credit union.  Referred to as “unbanked” or “underbanked,” these people do not use a financial institution for a variety of reasons, says Scott Heffner, senior VP and director of marketing at Chemung

Launch NY invests in Ithaca firm, 12 others in first half

“With an average of over three transactions per month, Launch NY’s #InvestLocal programs remain the most active source of seed capital for new and growing startups in the upstate New York region, which are driving a robust entrepreneurial ecosystem and our regional economy overall,” Marnie LaVigne, president and CEO of Launch NY, said. “As we

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