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Lockheed Martin’s Salina plant wins $213 million contract modification
SALINA, N.Y. — Lockheed Martin Corp.’s (NYSE: LMT) facility in suburban Syracuse was recently awarded a $213 million modification to a U.S. Army contract for Sentinel radar systems and spares growth kits. Work will be performed in Lockheed’s plant in the town of Salina, with an estimated completion date of Sept. 13, 2027, according to […]
New York state honey production jumped nearly 16 percent in 2024
New York state honey production increased 15.9 percent to almost 2.76 million pounds last year from nearly 2.38 million pounds in 2023, according to a recent report from the USDA National Agricultural Statistics Service (NASS). New York beekeepers earned nearly $16.21 million from their honey in 2024, up 47 percent from $11.01 million the prior
Visions starts 5th year as naming sponsor for Binghamton arena
BINGHAMTON, N.Y. — Visions Federal Credit Union (Visions FCU) has begun its fifth year as naming sponsor of the Visions Veterans Memorial Arena in Binghamton. With support from Visions during the past four years, the credit union says the local venue has “overcome challenges brought by the pandemic and is now bustling with increased attendance
Contractor named SBA Syracuse Small Biz Person of the Year
SBA to recognize additional local awardees as well SYRACUSE, N.Y. — Shawni Davis, owner of Luminary Electrical Services, is the SBA Syracuse district Small Business Person of the Year, chosen “for her impact and economic contributions in Central New York.” Luminary Electrical Services operates at 407 Cambridge Ave. in the town of Salina. The Syracuse
Visions FCU hires Killeen as VP/chief risk officer
ENDWELL, N.Y. — Visions Federal Credit Union (FCU) says it has recently hired Patrick Killeen as VP/chief risk officer. Visions describes Killeen as a “seasoned” risk executive with more than 32 years of experience in risk management, internal auditing, operations, and data analytics for financial institutions, per the credit union’s April 9 announcement. As chief
BPAS announces division leadership change
Benefit Plans Administration Services, Inc. (BPAS) recently announced a change in leadership as longtime president of its actuarial and pension services (APS) division Vincent Spina steps down from the role. Jason Disco will take on the position and continue to lead the APS division through what has been a period of growth. “I’ve stepped down
Former Pathfinder Bank financial advisor launches his own firm in Fulton
FULTON, N.Y. — After nearly 15 years of serving clients at Pathfinder Bank in its Investment Services Department, financial advisor Craig Fitzpatrick has started his own firm. Fitzpatrick Financial, a full-service investment firm, has opened for business at 201 S. Second St. (NY-481) in Fulton. “Starting Fitzpatrick Financial has been a dream of mine for
Community Financial System to pay Q2 dividend of 46 cents
DeWITT, N.Y. — Community Financial System, Inc. (NYSE: CBU) announced that it has declared a quarterly cash dividend of 46 cents per share on its common stock for the second quarter of this year. It will pay the dividend on July 10, to shareholders of record as of June 13. The payment yields about 3.5
The Summit starts two-year, $30,000 support of Sleep in Heavenly Peace
ROCHESTER, N.Y. — The Summit Federal Credit Union (The Summit) on March 20 announced a two-year, $30,000 commitment to Sleep in Heavenly Peace (SHP) chapters in Syracuse, Buffalo, and Rochester. The Summit will disperse $10,000 to each of the three SHP chapters over the next two years ($5,000 in 2025, $5,000 in 2026) to help
CFCU Community Credit Union rebrands to Beginnings Credit Union
LANSING, N.Y. — CFCU Community Credit Union, which is based in the Ithaca area, on April 21 announced it is rebranding to Beginnings Credit Union this summer. “Since 1953, we’ve served our members by connecting them with financial opportunities that unlock greater possibilities and bring our communities closer together,” Lisa Whitaker, president and CEO of
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