Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
Chemung Canal Trust names Krebs new CFO
ELMIRA — Chemung Canal Trust Co. announced Oct. 17 that Karl F. Krebs has joined the bank’s management team as chief financial officer and treasurer. He was also appointed CFO and treasurer of parent company Chemung Financial Corp. (NASDAQ: CHMG). Krebs, who has more than 30 years of banking experience, began his career in 1982 […]
Solvay Bank announces new branch, unveils renovated downtown office
SOLVAY — Solvay Bank recently unveiled renovations that turned its downtown Syracuse location into a “smart branch” and will soon break ground on new branch location in DeWitt. “A few years ago, we developed a concept called a smart branch,” says Paul Mello, president and CEO of Solvay Bank. A smart branch is one that
Cuomo: new law cuts workers’-compensation costs
Gov. Andrew Cuomo on Wednesday detailed a series of measures intended to reduce the cost to employers under New York’s workers’-compensation system 26 percent in
WCNY formally opens its broadcast and education center
SYRACUSE — WCNY, Central New York’s public-broadcasting company, today formally opened its new 56,000-square-foot broadcast and education center at 415 W. Fayette St. in Syracuse.
PAR Technology Q3 profit, sales decline
NEW HARTFORD — PAR Technology Corp. (NYSE: PAR) today announced net income of $445,000, or 3 cents per diluted share, during the third quarter that
NBT Bancorp reports higher Q3 profit, increases cash dividend
NORWICH — NBT Bancorp, Inc. (NASDAQ: NBTB) on Monday reported net income of more than $19 million, or 44 cents per diluted share, in the
SBA names top CNY lenders during fiscal year 2013
SYRACUSE — M&T Bank (NYSE: MTB), NBT Bank (NASDAQ: NBTB), and Adirondack Bank are recognized as the “most active” small-business lenders in the Central New
Chemung Financial profit slips in Q3
ELMIRA — Chemung Financial Corporation (NASDAQ: CHMG), the parent company of Chemung Canal Trust Company, on Monday announced net income of $2.2 million, or 47 cents
NYAG announces first round of housing-recovery funding
New York Attorney General Eric Schneiderman today announced an award of $3 million for the Greater Syracuse Property Development Corp. (GSPDC) as part of his
Berkshire Bank Q3 profit falls
Berkshire Hills Bancorp, Inc. (NYSE: BHLB) earned more than $10 million in the third quarter, down from the more than $11 million earned in the
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.