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Insurance & Financial Services
Tedone joins Strategic to lead retirement plan division and Rochester office
UTICA, N.Y. — Strategic Financial Services, Inc., has hired Greg Tedone as head of retirement plans, senior advisor. In this role. Tedone is responsible for
Empower FCU appoints Carhart interim president and CEO
SYRACUSE, N.Y. — As Empower Federal Credit Union continues a search for its next CEO, the organization has turned to a longtime member of the executive team to lead the credit union on an interim basis. At the same time, Empower is also working with a firm that provides an online financial-literacy program to provide
Generations Bank appoints Parish VP, corporate secretary
SENECA FALLS, N.Y. — Generations Bank announced it has promoted Lori Parish to VP – corporate secretary. In her position, Parish holds several administrative roles
Community Bank System gets regulatory approval for Elmira Savings Bank acquisition
DeWITT, N.Y. — Community Bank System, Inc. (NYSE: CBU) on Friday announced that is has received regulatory approval from the U.S. Office of the Comptroller
NONPROFIT MANAGEMENT: Why is Cash Management Important to your Organization?
We have all heard the age old saying, “cash is king.” When the pandemic first started, many tax-exempt organizations were concerned with cash flow and making it through what was first thought to be a month or two. Organizations were closely monitoring their cash flow, even going as far as preparing daily cash-flow projections. Then the
DiNapoli finds Medicaid billing errors of nearly $1 billion
ALBANY, N.Y. — The New York State Department of Health (DOH) made $965 million in Medicaid payments to providers, including facilities, for services ordered, prescribed, referred, and attended by practitioners who were not enrolled in the health-care program, including those who had been barred due to misconduct. That’s according to an audit that New York State
Berkshire Bank names Morris regional president of New York region, including CNY
ALBANY, N.Y. — Berkshire Bank, a regional community bank with branches in New England and New York, recently appointed James J. Morris IV as its
NBT Bancorp hires Sparks as general counsel
NORWICH, N.Y. — NBT Bancorp Inc. (NASDAQ: NBTB) has hired M. Randolph (Randy) Sparks as executive VP and general counsel. In this position, Sparks will
NBT names successor to retiring CNY Regional President Shirtz
SYRACUSE, N.Y. — The man who has been serving as Mohawk Valley regional president for NBT Bank is preparing for additional duties. David Kavney will succeed Richard Shirtz as the Central New York regional president following the March 31 announcement that Shirtz is transitioning toward retirement. Kavney will also maintain his role leading the Mohawk
Dannible/McKee and Associates to host succession-planning seminars
SYRACUSE, N.Y. — Dannible/McKee and Associates, Ltd. is planning three virtual seminars on “successful succession planning,” specifically designed for architecture and engineering firms, in the coming weeks. The first two seminars are set for April 20 and May 19, from 9 a.m.-5 p.m., and the third is slated for June 8 between 10:30 a.m. and
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