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

UTICA, N.Y. — Abraham House — a nonprofit organization providing compassionate, end-of-life care at no cost to individuals with terminal illnesses — announced on Sept. 3 the creation of a donor-advised fund through the Community Foundation of Herkimer and Oneida Counties and the receipt of an anonymous $1 million donation. Abraham House says it will […]

Community Foundation adopts new investment-management model
UTICA, N.Y. — The Community Foundation of Herkimer and Oneida Counties has implemented a new investment-management model, naming longtime consultant Crewcial Partners as its outsourced chief investment officer (OCIO). Based in New York City, Crewcial has worked with the Community Foundation for several decades, per a recent foundation announcement. The expanded partnership marks a new

Smith Brothers Insurance acquires independent Ithaca agency
ITHACA, N.Y. — Moscato & Associates of Ithaca is now under the ownership of Smith Brothers Insurance, LLC, a Connecticut–based firm with offices in Owego, Vestal, Waverly, and Albany. The deal closed on Aug. 1, Smith Brothers said in its Aug. 4 announcement. Moscato & Associates — an independent insurance agency specializing in employee benefits,

Excellus hires Centralus Health CEO for its chief healthcare services officer position
ROCHESTER, N.Y. — Excellus BlueCross BlueShield on Thursday named Dr. Martin Stallone executive VP, chief healthcare services officer of Excellus and its parent company, The Lifetime Healthcare Companies. He will start his new role on Dec. 1. Excellus is Central New York’s largest health insurer. Stallone is currently CEO of Centralus Health, a health-care system

Grants available for women-owned businesses in Oneida, Herkimer counties
CLINTON, N.Y. — Women–owned businesses in Oneida and Herkimer counties have until the end of September to apply for grant funding worth $5,000, with a total of five awards available. The Women’s Fund of Herkimer and Oneida Counties in cooperation with Baird Private Wealth Management and the Griffiss Institute are sponsoring the “Women Investing in

Albany–area accounting firm set to combine with Bonadio Group
ROCHESTER — An accounting and advisory firm that operates in Watervliet, northeast of Albany, is set to combine with The Bonadio Group in early September. The deal involving DALLE Accounting and Cash Management, Inc. is expected to close on Sept. 8. That’s when all employees of the Watervliet firm will join the Bonadio Group and

Central New York Community Foundation closes on $490K deal for WCNY training program
SYRACUSE, N.Y. — A local impact-investing program at the Central New York Community Foundation has closed on a $490,000 deal for WCNY’s Entertainment Academy until

NBT Bank names commercial banking regional manager for CNY
SYRACUSE, N.Y. — NBT Bank has appointed Luke Fagan as commercial banking regional manager for the Central New York region. Fagan is based at NBT’s Syracuse financial center in the Post Building in downtown Syracuse, the Norwich–based bank announced. He will be tasked with helping lead and grow the bank’s team of local commercial bankers.

Binghamton University breaks ground on $5.6 million track-and-field project
VESTAL, N.Y. — Binghamton University on Tuesday broke ground on a $5.6 million project to revamp its track-and-field facility near the East Gym. The upgrades

New executive director appointed at Greater Syracuse Business Development Corp.
SYRACUSE, N.Y. — Brian Bund is the new executive director of the Greater Syracuse Business Development Corporation (GSBDC). In this role, Bund is the manager of the certified development corporation and provides strategic leadership to achieve GSBDC’s mission and the board’s vision, overseeing all aspects of program marketing, loan production, processing, servicing and liquidation, according
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.