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Binghamton entrepreneur named SBA Upstate Small Business Person of the Year
BINGHAMTON, N.Y. — Anthony Folk, owner of Chenango Point Cycles in Binghamton, has won the 2022 Small Business Person of the Year Award from the
ICM Controls of Cicero is sold to private-equity firm
CICERO, N.Y. — Lorraine Capital, LLC, a Buffalo–based private-equity firm, announced it has acquired ICM Controls, Inc. of Cicero and its affiliates. ICM Controls is
ConMed announces acquisition amid improved Q1 earnings
ConMed Corp. (NYSE: CNMD), a medical-device manufacturer with roots in the Utica area, announced Wednesday that it has agreed to acquire a Memphis, Tennessee–based firm
Excellus accepting nonprofits’ applications for maternal-health program grant funding
Excellus BlueCross BlueShield on Monday said that nonprofit organizations can submit ideas for its Member and Community Health Improvement (MACHI) funding. The money specifically targets
Tompkins Community Bank adds Harris as new VP of commercial lending
ITHACA, N.Y. — Tompkins Community Bank announced it has hired Lawrence Harris as VP, commercial banking relationship manager. With 35 years of experience, Harris will
Community Bank names Serbun president of retail banking
DeWITT, N.Y. — Community Bank N.A. announced it has promoted Joseph F. Serbun to president of retail banking. He previously served as the bank’s chief
Community Bank moves closer to Elmira Savings Bank acquisition
Q1 net income declines DeWITT, N.Y. — As it moves closer to finalizing its acquisition of Elmira Savings Bank (NASDAQ: ESBK), Community Bank System, Inc. (NYSE: CBU) on April 22 announced that is has received regulatory approval from the U.S. Office of the Comptroller of the Currency for that transaction. The DeWitt–based banking company also
SeaComm FCU buys one-acre parcel in Watertown for $1.1M
WATERTOWN, N.Y. — SeaComm Federal Credit Union (FCU) recently purchased a one-acre parcel at 20485 Route 3 in Watertown for $1.1 million. Bill Colucci of Cushman & Wakefield/Pyramid Brokerage Company, in conjunction with Cushman/Grant Street Associates, helped arrange the transaction. SeaComm FCU, based in Massena, has 51,800 members with assets of more than $759 million,
Visions’ marketing recognized during CUNA’s Diamond Awards
The Credit Union National Association (CUNA) has recognized Visions Federal Credit Union for two of its marketing initiatives. CUNA awarded Visions the Business Development Efforts award for its 2021 Business Services Suite campaign, along with the Diamond in the Rough award for the Tompkins County debit-card contest. CUNA presented the awards as part of its
Morris starts expanded role as Berkshire Bank’s N.Y. regional president
Berkshire Bank, a regional community bank with branches in New England and New York, recently appointed James J. Morris IV as its regional president for New York state. The bank’s New York state territory includes the Capital region, the Mohawk Valley, and Central New York. Morris is an experienced banking professional who has served as
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