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

Birch Wealth Management adds employee, plans growth
ROME, N.Y. — With the philosophy that everyone deserves a financial planner, whether they are close to retiring or just starting their careers, Iris Buczkowski founded Birch Wealth Management in September 2019. Since then, she has grown her firm to $40 million in assets under management and recently added a full-time employee. Birch Wealth is […]

Excellus net income rises 21 percent during pandemic-impacted 2021
ROCHESTER, N.Y. — Excellus BlueCross BlueShield, Central New York’s largest health insurer, reported net income of $117.6 million on $6.6 billion in premium revenue in

Gainey hired to manage Pathfinder Bank’s newest branch
SYRACUSE, N.Y. — Pathfinder Bank has hired Shynique Gainey as assistant VP, branch manager for the bank’s new, upcoming Syracuse office, to be located at

Community Bank System to pay dividend of 43 cents per share in April
DeWITT, N.Y.— Community Bank System, Inc. (NYSE: CBU) recently announced that it has declared a quarterly cash dividend of 43 cents a share on its common stock. The dividend will be payable on April 11 to shareholders of record as of March 15. The quarterly payment represents an annualized yield of about 2.35 percent, based

Oswego Health honors Pathfinder Bank with Community Partner Award
OSWEGO, N.Y. — Oswego Health recently recognized Pathfinder Bank with its Community Partner Award. The Community Partner Award is designed to honor a corporation or a foundation that “demonstrates outstanding commitment through financial support and through encouragement and motivation of others to take a leadership role toward philanthropy and community involvement,” according to an Oswego

Endicott seeks downtown revitalization projects
ENDICOTT, N.Y. — The Endicott Downtown Revitalization Initiative (DRI) Local Planning Committee has issued an open call seeking project proposals for privately-sponsored projects to be

Excellus Utica region seeks applicants for community health awards
UTICA, N.Y. — Nonprofit organizations in the region are eligible to apply for Excellus BlueCross BlueShield Community Health Awards to help fund health and wellness

NBT Bancorp to pay quarterly dividend of 28 cents a share in first quarter
NORWICH, N.Y. — NBT Bancorp Inc. (NASDAQ: NBTB) recently announced that its board of directors has approved a cash dividend of 28 cents per share for the first quarter of this year. The payment is unchanged from each of the last two quarters but up by 3.7 percent from the 27 cents a share that

Pathfinder Bancorp profit doubles in fourth quarter
OSWEGO, N.Y. — Pathfinder Bancorp, Inc. (NASDAQ: PBHC), the holding company for Pathfinder Bank, reported net income of $3.9 million, or 64 cents a share, in the fourth quarter, up from $1.9 million, or 33 cents, in the year-ago quarter. The banking company’s fourth quarter total revenue (net interest income plus total noninterest income) of
NYS pension fund produced nearly 5 percent return last quarter
ALBANY, N.Y. — The New York State Common Retirement Fund produced an estimated return of 4.74 percent in the final quarter of 2021, its fiscal third quarter. That’s according to New York State Comptroller Thomas DiNapoli who also noted that the fund ended the quarter with an estimated value of $279.7 billion. “A strong [fiscal]
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.