Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
VIEWPOINT: Ask Rusty: Should I Claim Social Security Family Benefits?
Dear Rusty: I was born in 1956 and my wife in 1961. I’ve got 45 years of Social Security earnings, and I will have income in 2021. We have four minor children, the youngest born in 2012. When is the best time for us to apply for benefits? Are we eligible for family benefits? My […]

Pathfinder Bancorp 2nd quarter profit jumps 63 percent
“During the second quarter of 2021, Pathfinder achieved strong increases in earning asset balances, corresponding revenue growth and improved operating margins that collectively contributed to record quarterly results and our exceptional financial performance for the first half of the year,” Thomas W. Schneider, president and CEO, said in Pathfinder’s earnings report issued on Aug. 2.

NBT Bancorp boosts quarterly dividend by nearly 4 percent
NORWICH, N.Y. — NBT Bancorp Inc. (NASDAQ: NBTB) recently announced that its board of directors has approved the increase of its quarterly cash dividend to 28 cents per share for the third quarter. That’s up by 3.7 percent from 27 cents a share in the prior quarter. The Norwich–based banking company will pay the dividend

Tompkins Financial to pay dividend of 54 cents on Aug. 13
Banking company’s profit increased 6.5 percent in latest quarter ITHACA, N.Y. — Tompkins Financial Corp. (NYSE: TMP) recently announced that its board of directors has approved payment of a regular quarterly cash dividend of 54 cents per share. The Ithaca–based banking company will make the dividend payment on Aug. 13, to common shareholders of record as

Cayuga Lake National Bank opens new Lansing branch
LANSING, N.Y. — The Lansing branch of Cayuga Lake National Bank (CLNB) in Tompkins County formally opened on July 26. Located at 3077 N Triphammer

Onondaga County maintains “high” bond ratings from Moody’s, S&P
SYRACUSE, N.Y. — Two ratings agencies have affirmed Onondaga County’s “high” bond rating. S&P Global Ratings assigned its ‘AA’ rating with a stable outlook to

SEFCU plans to merge with another Capital Region credit union
ALBANY, N.Y. — Albany–based SEFCU, which operates branches in Central New York, says it plans to merge its operations with CAP COM, another federal credit

Tompkins Financial profit rises nearly 7 percent in 2nd quarter
ITHACA, N.Y — Tompkins Financial Corp. (NYSE: TMP) reported that its net income rose 6.5 percent to $22.8 million in the second quarter from $21.4

Ithaca Area Economic Development invests in local energy company
ITHACA, N.Y. — Ithaca Area Economic Development (IAED) announced it has approved a $50,000 convertible-debt investment for Dimensional Energy, a company that extracts carbon dioxide

Tompkins Financial Advisors names Green CNY managing director
ITHACA, N.Y. — Tompkins Financial Advisors announced it has recently promoted Jennifer Green to VP and managing director of its Central New York region. In this post, based in Ithaca, Green is responsible for growing the number of customers and assets under management in the region by “ensuring each of the company’s team of advisors
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.