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

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 […]

NBT Bancorp profit dips slightly in Q2
NORWICH, N.Y. — NBT Bancorp, Inc. (NASDAQ: NBTB) reported that its second-quarter net income dropped to $37.8 million, or 88 cents a share, from $40.3 million, or 92 cents per share, in the year-ago quarter. Net interest income recognized in this year’s second quarter from the federal Paycheck Protection Program (PPP) was about $1.3 million,

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

Brown & Brown Insurance to pay Q3 dividend in mid-August
Brown & Brown, Inc. (NYSE: BRO), the Florida–based parent of Syracuse–based Brown & Brown Empire State, recently announced that its board of directors has declared a regular quarterly cash dividend of 10.25 cents per share for the third quarter. The dividend is payable on Aug. 17 to shareholders of record on Aug. 10, the insurance

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
Ask Rusty: Should I Apply for SS if I’m 78 & Still Working?
Dear Rusty: I am 78, still working, have a good health-care plan, and I make a nice salary. Can I still get my Social Security (SS) check since I paid into it all these years? Signed: Still Working in my late 70s Dear Still Working: Not only can you get your Social Security check now,

People news: Tompkins names Mastin VP, HR manager of corporate culture
ITHACA, N.Y. — Tompkins Community Bank announced Stacie Mastin has assumed the role of VP and human resources (HR) manager of corporate culture. Mastin began

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

Syracuse accounting firm, Dannible & McKee, names new managing partner
SYRACUSE, N.Y. — Syracuse–based Dannible & McKee, LLP on Thursday announced that the firm’s partners have elected Christopher Didio as the firm’s new managing partner.

TCGplayer to acquire Nevada firm, uniting brands in trading-card game industry
SYRACUSE, N.Y. — TCGplayer of Syracuse, a technology platform for the collectibles industry and operator of the largest online marketplace for trading-card games, on Monday
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.