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

People news: Hedge joins Tompkins Financial Advisors
ITHACA, N.Y. — Tompkins Financial Advisors announced it has hired Ithaca native Matthew Hedge as assistant VP and wealth advisor. In this role, Hedge is

Two Tioga County contractors arrested for not carrying workers’-compensation insurance
APALACHIN, N.Y. — Two Tioga County contractors are under arrest and facing charges for allegedly not having workers’-compensation insurance at three construction projects in Apalachin.

Community Bank appoints Durkee as New England president
DeWITT, N.Y. — Community Bank System, Inc. (NYSE: CBU) recently announced it has appointed Matthew K. Durkee as senior VP and New England president of Community Bank, N.A. He will be based at Community Bank’s New England headquarters, located in Williston, Vermont. The banking company’s overall headquarters is in DeWitt. Prior to joining Community Bank,

ConMed tops $1 billion in sales in 2021
ConMed Corp. (NYSE: CNMD) closed out 2021 — the second year of the COVID-19 pandemic which saw the arrival of two new variants and led to large-scale pauses on elective surgeries numerous times — with solid fourth-quarter sales and full-year sales topping $1 billion for the first time in the company’s history. The surgical-device maker reported
VIEWPOINT: Ask Rusty: Will Our SS Benefits Ever Be Non-Taxable?
Dear Rusty: If we take our Social Security (SS) benefits at our full retirement age (66 years and 6 months for both of us) and we both continue to work, what are the income-tax consequences? Is there an age at which we can still work and draw Social Security without tax consequences on our benefits?

Cooperative Federal buys Erie Boulevard building for branch, headquarters
SYRACUSE, N.Y. — Syracuse Cooperative Federal Credit Union (Cooperative Federal) has purchased the building at 1816 Erie Boulevard East in Syracuse, which will become the credit union’s headquarters and largest branch. Once the Erie Boulevard office opens, it will replace the credit union’s branch at 723 Westcott St., which is about one mile from the

NBT names Truesdale commercial process management leader
VESTAL, N.Y. — NBT Bank recently announced the promotion of Kellyanne Truesdale to commercial process management leader. Truesdale will work to drive improvements in both employee and customer experience while also serving as compliance coordinator for the banking company’s commercial division. She joined NBT Bank in 2007 and most recently served as commercial relationship manager.

KeyCorp to pay first-quarter dividend in mid-March
KeyCorp (NYSE: KEY) — parent of KeyBank, the No. 2 bank ranked by deposit market share in the 16-county Central New York area — has declared a quarterly cash dividend of 19.5 cents per share of its common stock for the first quarter. The dividend is payable on March 15, to holders of record as of the

ACFCU pins growth plans on expansion into Onondaga County
AUBURN, N.Y. — The opening of its first branch office in Onondaga County later this year is the first step of what Auburn Community Federal Credit Union’s (ACFCU) leader hopes will be several growth steps for the financial institution. A 2016 charter change allowed the credit union to offer membership to those who live, work,

Visions CEO enters Credit Union Executives Society Hall of Fame
The top official of Endwell–based Visions Federal Credit Union has earned Hall of Fame recognition. Tyrone Muse, president and CEO of Visions, is now a member of the Credit Union Executives Society (CUES) Hall of Fame. CUES, which says it is a talent-development leadership organization, on Dec. 28 announced the winners of its annual awards and
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.