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USDA awards Volney $1.7 million loan and grant for drinking-water system
VOLNEY — The U.S. Department of Agriculture (USDA) is awarding the town of Volney a loan and grant totaling $1.7 million to help bring clean drinking water to more local residents. U.S. Senators Charles Schumer (D–N.Y.) and Kirsten Gillibrand (D–N.Y.) today announced the funding from the USDA’s Water and Waste Disposal Loan and Grant program. […]
The Beeches: Adapting in the second hundred years
Necessity is the handmaiden of invention. — author unknown ROME — On Dec. 12, 1901, Guglielmo Marconi received the first radio signal transmitted across the Atlantic Ocean. At the same time, Frank Destito was on board a ship bound from Italy to New York City — final destination: Rome, N.Y. Destito, who was newly married,
CNY unemployment rates decline, job growth mixed
Jobless rates continue to decline across Central New York, but the region’s job-growth picture remains mixed. Unemployment rates in the Syracuse, Binghamton, Utica–Rome, and Ithaca metro areas fell by an average of more than 1 percentage point when compared to a year ago, according to the latest New York State Department of Labor data released
Oneida Savings Bank: Diversification turns sleepy bank into community powerhouse
ONEIDA — One year after the Civil War ended, residents of Oneida established the Oneida Savings Bank (OSB). Chartered in New York state, the corporation was structured as a mutual savings bank, whereby the depositors were the bank’s owners. Serving clients in Oneida and Madison counties, OSB collected deposits, paid interest, and financed residential mortgages
Solvay Bank plans new branch, technology for 2014
SOLVAY — Solvay Bank has big plans for 2014 that include a new “smart branch” in DeWitt and several new technology components that will improve the customer experience, bank officials say. The bank will soon decide on a construction firm for its DeWitt branch project and expects to break ground within the next month, says
Bank economists see stronger economic growth in 2014
This year will be a breakout year for the U.S. economy as private-sector demand accelerates and fiscal drag eases, according to the Economic Advisory Committee of the American Bankers Association (ABA). The committee, which includes 13 chief economists from among the largest banks in North America, predicts inflation-adjusted GDP growth for 2014 will be 3.0
NBT Bancorp net income rises nearly 37 percent in fourth quarter
NORWICH — NBT Bancorp Inc. (NASDAQ: NBTB) reported that its net income rose to $17.9 million, or 41 cents a share, in the fourth quarter, from $13.1 million, or 39 cents, in the year-ago period. The Norwich–based banking company boosted loan growth, improved its credit quality, and benefited from increased assets following a major acquisition
SU announces record crowd of 35,446 set for Duke game Saturday
SYRACUSE — Syracuse University (SU) announced today that it is expecting a record crowd of 35,446 for the much-awaited Duke vs. Syracuse basketball game at
Ephesus Lighting names Crunch owner Dolgon as chief marketing officer and Lorenz as president
SYRACUSE — Syracuse Crunch owner Howard Dolgon is adding to his responsibilities with a management title in a Syracuse business that is based at the
OCC names Borsz new athletics director
ONONDAGA — Onondaga Community College today announced it has appointed Michael Borsz as its new athletics director. He fills the position left vacant following the
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