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Law, Accounting & Taxes

Viewpoint: Year-End Tax and Financial-Planning Strategies

The end of the year is nearly here, but there’s still time to take a closer look at your financial picture and make the most of tax-planning opportunities before the calendar turns to 2026. Thoughtful year-end planning can reduce your current tax bill, position you for long-term growth, and help ensure your wealth is transferred […]

Regional projects awarded funding in annual REDC competition; Mohawk Valley, Southern Tier win ACHIEVE funding

ALBANY, N.Y. — Projects in Central New York, the Mohawk Valley, Southern Tier, and the North Country will receive state funding through New York’s Regional

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Five Star Bank

Five Star Bank parent company completes $80 million subordinated debt offering

WARSAW, N.Y. — Financial Institutions, Inc. (NASDAQ: FISI), parent company of Five Star Bank, announced that it has recently completed a private placement of $80 million in aggregate principal amount of fixed-to-floating rate subordinated notes (maturing in 10 years) to qualified institutional buyers and accredited institutional investors. The notes have a maturity date of Dec.

Tioga Downs

Southern Tier nonprofits to benefit from Tioga Downs Foundation grants

NICHOLS, N.Y. — Nonprofit organizations throughout the Southern Tier and Northern Pennsylvania will use a total of $2 million in grant funding provided by the Tioga Downs Regional Community Foundation. The money is meant to help further their objectives, missions, and organizations, Tioga Downs said in announcing the grant awards. Grant recipients were announced during

Hiscock Legal Aid Society to provide misdemeanor defense services in Syracuse City Court

SYRACUSE, N.Y. — The Hiscock Legal Aid Society (HLA) on Thursday said it’s been awarded a multi-year contract to provide legal representation for misdemeanor and violation cases in Syracuse City Court. HLA sees the contract award as “significantly expanding the organization’s capacity to serve individuals in Syracuse,” per its announcement. The contract will enable HLA

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