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Tompkins Financial boosts quarterly dividend by 5 percent
ITHACA, N.Y. — Tompkins Financial Corp. (NYSE: TMP) announced that its board of directors has increased its regular quarterly cash dividend to 44 cents per
Chemung Financial posts Q3 profit of nearly $2.5 million
ELMIRA, N.Y. — Chemung Financial Corp. (NASDAQ: CHMG), parent company of Chemung Canal Trust Company, reported net income of $2.45 million, or 52 cents a
KeyCorp to acquire First Niagara Financial Group in $4 billion deal
KeyCorp (NYSE: KEY) has agreed to acquire First Niagara Financial Group Inc. (NASDAQ: FNFG) in a cash and stock transaction valued at about $4.1 billion.
DeWITT, N.Y. — Construction continues on the facility that will house Soraa, a light-emitting diode (LED) lighting company relocating from California to DeWitt. The
U.S. Green Building Council awards WCNY LEED platinum certification
SYRACUSE, N.Y. — The U.S. Green Building Council (USGBC) has awarded the WCNY Broadcast and Education Center a Leadership in Energy & Environmental Design (LEED)
Red Hawk Brewing ready to take full flight in November
ONONDAGA — A new farm brewery in the town of Onondaga, called Red Hawk Brewing Ltd., is set to open its doors to beer enthusiasts for regular hours in November. An exact launch date for the bar — situated at 4504 Bussey Road, just off State Route 175 — is not set because some
Economic impact of Binghamton University’s IEEC gets it another $10M in funding
VESTAL — New York expects organizations that hold the designation of New York State Center for Advanced Technology (CAT) to be “actively involved” with the effort to improve the state’s economy. That’s according to Daryl Santos, director of Binghamton University’s Integrated Electronics Engineering Center (IEEC). Santos is also a professor of systems science and
Declines in orders, shipments hurt New York manufacturers in October
New orders, shipments, and unfilled orders all declined at a “steeper pace” in October than in September, hurting manufacturers across New York. The Empire State Manufacturing Survey general business-conditions index registered a reading of -11.4, declining for a third consecutive month in October. However, the index did improve slightly from September’s -14.7 reading,
SBA backs more than $207M in upstate New York loans during FY 2015
SYRACUSE — The Syracuse district office of the U.S. Small Business Administration (SBA) backed more than $207 million in loans in its 34-county area during
Oswego County FCU to open new branch in Fulton early next year
FULTON — Oswego County Federal Credit Union (OCFCU) has announced plans to open a new branch office in Fulton. OCFCU expects to open the branch at 707 S. 4th St. (Rt. 481) in early 2016, William Carhart, CEO, said in a news release issued Oct. 23. The location has two drive-thru lanes and
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