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

Chemung Canal Trust to consolidate Ithaca branches
ITHACA — Chemung Canal Trust Company announced it will be consolidating two of its three Ithaca branch offices. The 806 West Buffalo St. location, known

Berkshire Bank names business banking managing director
Berkshire Bank, which has a significant presence in the Mohawk Valley region, recently announced it has promoted Rob Nichols to managing director of its business banking team. In his new role, Nichols oversees the team of business-banking professionals serving the needs of smaller to mid-sized businesses across Berkshire’s five-state market of Massachusetts, New York, Connecticut,
VIEWPOINT: How Community Financial Institutions Can Compete, Collaborate with FinTech
In 1967, the first automated teller machine (ATM) was installed in a Barclays branch, enabling banking customers to withdraw cash from their account without visiting a teller line. Since then, technology has taken center stage in financial services. Today, consumers have instant access to their entire financial lives no matter where they are on the

AmeriCU introduces USDA-backed mortgage loans
Seeks to help more members secure home ownership ROME — AmeriCU Credit Union recently announced it has added mortgage loans, backed by the

Oneida County hotel occupancy dips in June
UTICA, N.Y. — Oneida County hotels posted a nearly 2 percent drop in guests in June, whereas two other important indicators of business performance improved.
Jefferson County hotel-occupancy rate flat in June, other hotel indicators rise
WATERTOWN — Jefferson County hotels registered a slight dip in overnight guests in June, as two other important indicators of hotel-business activity rose. The hotel-occupancy rate (rooms sold as a percentage of rooms available) in the North Country’s largest county slipped 0.4 percent to 58.6 percent in the sixth month of the year from June
Ask Rusty: Why Aren’t I Exempt from Medicare Part B Premium?
Dear Rusty: Why, as I continue to work after age 65 and have FICA taxes taken from my check, am I (or anyone) also compelled

Aging Advocates CNY acquires Senior Home Care Solutions
MANLIUS, N.Y. — Aging Advocates CNY on Thursday announced it has acquired Senior Home Care Solutions of DeWitt in a deal that takes effect on Jan. 1, 2025. Aging Advocates CNY of Manlius is a privately owned, care-management practice that provides guidance and solutions to address aging-related needs, as described in the announcement. Founded by

Cliff’s Local Market to complete fuel brand transition
MARCY, N.Y. — Throughout August, Cliff’s Local Market will convert eight existing Sunoco sites to CITGO-branded fuel as the company continues a brand initiative that

Chemung Financial profit slips more than 20 percent in second quarter
ELMIRA, N.Y. — Chemung Financial Corp. (NASDAQ: CHMG), the parent company of Chemung Canal Trust Company, recently reported that its profit declined more than 20
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.