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Syracuse small businesses can apply for pandemic-relief loans
SYRACUSE, N.Y. — Interested Syracuse small businesses have until Dec. 31 at 12 p.m. to apply for loans as part of the first round of new small-business lending programs funded by the American Rescue Plan Act (ARPA). The Syracuse Economic Development Corporation (SEDCO) on Dec. 3 started accepting applications for the $1 million that’s available […]
NONPROFIT MANAGEMENT: ‘Tis the Season for Donations
Tax-exempt organizations throughout New York state are in a state of confusion regarding future governmental funding and the potential for funding clawbacks. With governmental funding being unpredictable and costs increasing significantly in the current climate, more nonprofits are ramping up their fundraising efforts, thus increasing the competition for contributions. The ability to raise funds can make
Fulton Savings Bank names new CEO
FULTON, N.Y. — Fulton Savings Bank (FSB) announced it has named Pamela D. Caraccioli as its new president and CEO. She succeeds Michael J. Pollock,
ConMed to pay 4th quarter dividend of 20 cents in early January
ConMed Corp. (NYSE: CNMD), a surgical-device maker founded in the Utica area, recently announced that its board of directors has declared a quarterly cash dividend of 20 cents a share for the fourth quarter. The dividend is payable on Jan. 5 to all shareholders of record as of Dec. 15. ConMed manufactures surgical devices and
VIEWPOINT: Year-End Tax-Planning Tips
As we navigate the hustle and bustle of another holiday season, many of us are reflecting on the whirlwind that was 2021. We often spend the latter portion of the year looking back on our cherished memories and celebrating. However, there is a looming consideration that should not be missed: year-end tax planning. In hopes of making
DFS issues final guidance for N.Y. insurers on financial risks from climate change
ALBANY, N.Y. — The New York State Department of Financial Services (DFS) on Nov. 15 issued final guidance to state–regulated domestic insurers detailing DFS’s expectations on their management of the financial risks from climate change. After issuing a proposed version of the guidance in March, DFS said it received comments from a broad range of
Pinnacle Investments names Nardella president
DeWITT, N.Y. — Pinnacle Investments, LLC, a 25-year-old wealth and asset management firm, has appointed Mark Nardella as president. The firm tells CNYBJ an email
Walsh announces $1 million in lending programs for Syracuse small businesses
SYRACUSE, N.Y. — The Syracuse Economic Development Corporation (SEDCO) on Friday started accepting applications for a minimum of $1 million as part of the first
Five Star Bank parent company to pay Q4 dividend in early January
WARSAW, N.Y. — Financial Institutions, Inc. (NASDAQ: FISI), parent of Five Star Bank, recently announced that its board of directors has approved a quarterly cash dividend of 27 cents per share of its common stock for the fourth quarter. Financial Institutions said it will pay its quarterly dividend on Jan. 3, to shareholders of record
Pinnacle Employee Services expands with in-house recruiting division
DeWITT, N.Y. — Pinnacle Employee Services says it has expanded its services with the addition of an in-house recruiting division called Pinnacle Talent Solutions. Pinnacle Employee Services, a professional employer organization, is located at 5845 Widewaters Parkway in DeWitt. The firm hired Charlotte Dieroff as director of recruiting to offer its clients and potential clients
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