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CenterState CEO, KeyBank seek to boost BIPOC, women, and veteran-owned businesses
The goal is to produce generational wealth SYRACUSE — CenterState CEO says it plans to expand business coaching and technical-assistance programs for Black, Indigenous and other People of Color (BIPOC), women, and veteran-owned firms in Central New York. The organization will use a $500,000 donation from KeyBank (NYSE: KEY) to do so. The grant is […]
McClearn named director of pension fund’s Emerging Manager Program
Interim tag removed ALBANY — New York State Comptroller Thomas DiNapoli on Feb. 7 announced the appointment of Sylvester (Sly) McClearn as director of the New York State Common Retirement Fund’s Emerging Manager Program. McClearn had been appointed interim director of the program back in February 2023. The pension fund’s Emerging Manager Program invests with
KeyCorp to pay Q1 dividend in mid-March
Will hold annual meeting on May 9 KeyCorp (NYSE: KEY) — parent company of KeyBank, the No. 2 bank ranked by deposit market share in the 16-county Central New York region — has declared a quarterly cash dividend of 20.5 cents per share of its common stock for the first quarter of the year. The
EBRI study: student-loan debt hampers 401(k) participation
Making student-loan debt payments was found to have a “negative impact” on both the average 401(k) employee-contribution rate and account balance, according to a new research report published Feb. 8 by the Washington, D.C.–based Employee Benefit Research Institute (EBRI) and J.P. Morgan Asset Management. The report, “Student Loans and Retirement Preparedness,” provides information on how
State pension fund generated 6 percent return in its latest fiscal quarter
ALBANY — The New York State Common Retirement Fund produced an estimated return of 6.18 percent in the third quarter of the current fiscal year — the three-month period ending Dec. 31, 2023. That’s according to New York State Comptroller Thomas DiNapoli, who also noted that the fund ended the quarter with an estimated value
Rialto Wealth Management partner joins Unity House board
AUBURN — Michael Antonacci, a partner at Rialto Wealth Management in Syracuse, joined the board of directors of Unity House at the start of the year, the Auburn–based nonprofit’s CEO Liz Smith announced. An expert in financial and investment management, Antonacci will help the Unity House board navigate the changing markets and will serve on
SUNY Poly to host regional New York Business Plan Competition for college students
MARCY, N.Y. — SUNY Polytechnic Institute (SUNY Poly) will serve as the host site for the Mohawk Valley region in the New York Business Plan Competition (NYBPC). The competition, which is set for April 5, involves college students from across the area competing for a total of $3,500 in prizes. Organized by the Upstate Capital
People news: Cathedral Corporation names new chief technology officer
ROME, N.Y. — Cathedral Corporation announced it has appointed John Slaney as its chief technology officer (CTO). Slaney, former CTO of Content Critical Solutions, has a track record of success in leading technology systems and content-management solution organizations, Cathedral said in a news release. He focused on developing and implementing automated platforms and providing clients
NYS Fair Director Hennessey leaving, interim director appointed
GEDDES, N.Y. — New York State Fair Executive Director Sean Hennessey is leaving the role for a new job with the New York State Department of Labor. Julie LaFave, operations director of the NYS Fair, will also serve as the Fair’s interim director while the search for a permanent director continues, Hanna Birkhead, associate director
SYRACUSE, N.Y. — SUNY campuses are allocating nearly $10 million in annual state funding to increase their mental-health services and support for students, faculty, and staff. The funding will expand services at 28 campuses, support more than 200,000 students,and build on its Statewide Tele-Psychiatry Network (STPN) and new tele-counseling option for community colleges, the office
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