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

Countryside and Northern Credit Unions plan to merge
WATERTOWN, N.Y. — The members of Countryside Federal Credit Union (FCU) are expected to vote on and approve a proposed merger with Watertown–based Northern Credit Union on Aug. 1. Countryside FCU is located at 5720 Commons Park Drive in DeWitt. The proposed combination “will be finalized in the fall following an anticipated positive vote” by […]

Visions Federal Credit Union’s COO Butler retires
ENDWELL, N.Y. — Ed Butler, executive VP and chief operating officer (COO) of Visions Federal Credit Union, has retired after 42 years with the organization. Butler started working for Visions on July 8, 1980 and retired on July 8 of this year, per the credit union’s July 18 news release. Butler began his career with

Community Bank’s Penny named to AHA’s Syracuse Advisory Board
DeWITT, N.Y. — Community Bank N.A. announced that its VP and director of marketing, Dara Penny, has been appointed to the American Heart Association’s (AHA) Syracuse Advisory Board. In this new role, Penny will help drive AHA’s “mission for a world of longer, healthier lives through fundraising, advocacy, and volunteer efforts.” Penny, who has been

NCUA rates the Summit FCU as “well capitalized”
The Summit Federal Credit Union (FCU) is rated as “well capitalized” by regulators with the National Credit Union Administration (NCUA). It represents NCUA’s highest rating category for credit union net worth, the Summit FCU said in a May 20 release providing details about its May 19 virtual annual meeting. The credit union said it “enjoyed

Loretto’s Lyon named New Administrator of the Year for Central New York
SYRACUSE, N.Y. — Courtney Lyon, administrator for Loretto Health & Rehabilitation, recently received the New Administrator of the Year award for Central New York from the American College of Health Care Administrators, New York Chapter. Lyon was promoted to administrator at Loretto in 2020. After two of the most challenging years imaginable in health care

U.S. Senate passes Schumer bill to boost U.S. computer-chip production
WASHINGTON, D.C. — The U.S. Senate on Wednesday passed the CHIPS bill, which would provide $50 billion in federal incentives to bring semiconductor manufacturing back

State begins $30 million shared-services program for local-government cybersecurity
ALBANY, N.Y. — The cities of Syracuse, Rochester, Albany, Buffalo, and Yonkers are among those that will benefit from a new shared-services program to help

NYPA, Canal Corp. appoint Driscoll as CEO, pending state Senate approval
WHITE PLAINS, N.Y. — The New York Power Authority’s (NYPA) board of trustees and the New York State Canal Corporation’s board of directors on Tuesday

White House recognizes Syracuse Build program among ARPA-funded initiatives
SYRACUSE, N.Y. — The White House recognized the program Syracuse Build in a recent news release about the administration’s American Rescue Plan Act (ARPA)-funded initiatives.

Hamilton College hires new VP for facilities and planning
CLINTON, N.Y. — Hamilton College announced that Mike Klapmeyer is joining the college Aug. 1 as the new associate VP for facilities and planning. Klapmeyer
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.