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

Contractor faces multiple charges for defrauding homeowners in two counties
NORWICH, N.Y. — On Oct. 31, New York State Police at the Norwich Bureau of Criminal Investigation (BCI) arrested a contractor for allegedly defrauding homeowners

State provides $20 million to support next phase of NextFlex involving Binghamton University
VESTAL, N.Y. — New York State is spending $20 million to support the next phase of the federally sponsored NextFlex initiative, dedicated to developing flexible

ConMed posts nearly 11 percent sales growth in Q3, ups guidance
ConMed Corporation (NYSE: CNMD) recently reported robust third-quarter earnings that pushed company executives to inch up guidance for the company’s full-year earnings. The medical-device manufacturer

Empower secures naming rights for Amphitheater in $4 million deal
GEDDES, N.Y. — Empower Federal Credit Union (FCU) now has its name on a venue that has hosted several high-profile music concerts in recent years and will again next summer. The credit union’s naming-rights sponsorship for the Amphitheater at Lakeview is a seven-year deal with an average annual value of $575,000, Chris Keller, chief marketing

NBT Q3 earnings slide as company wraps up Salisbury acquisition
NORWICH, N.Y. — NBT Bancorp Inc. (NASDAQ: NBTB), parent company of NBT Bank, N.A., reported a profit decline for the third quarter due to costs related to its acquisition of Salisbury Bancorp, Inc. finalized on Aug. 11. The banking company produced net income of $24.6 million, or 54 cents a share, for the quarter ending

KeyBank’s new Ithaca branch consolidates two prior offices
ITHACA, N.Y. — KeyBank (NYSE: KEY) says its new branch office at 604 South Meadow St. in downtown Ithaca is the result of a branch consolidation and will provide customers with better services. KeyBank says it combined its branches located at 300 North Tioga St. and 2315 North Triphammer Road into the one, new office

Generations Bank mourns death of CEO Menzo Case at age 59
SENECA FALLS, N.Y. — Generations Bank in Seneca Falls is remembering Menzo Case, its longtime president and CEO, who died Oct. 13. Case, 59 — was born on Nov. 1, 1963 — according to his obituary on the website of the Coe-Genung Funeral Home in Waterloo. Neither the bank nor the funeral home provided a

Pathfinder to pay Q3 dividend of 9 cents
OSWEGO, N.Y. — Pathfinder Bancorp, Inc. (NASDAQ: PBHC), bank holding company of Pathfinder Bank, announced recently that it has declared a quarterly cash dividend of 9 cents per share on its common stock for the third quarter of this year. The dividend will be payable to all Pathfinder shareholders of record on Oct. 20 and
Solvay Bank announces three new hires
SOLVAY, N.Y. — Solvay Bank recently announced the new hires of Ashley Gozzi, Michael Kinahan, and Dominic Lacorazza. Gozzi has joined the bank as a customer-relations specialist for the customer relations and operations team. She has four years of service experience in the banking industry. Gozzi is an Onondaga Community College graduate and has volunteer

Visions FCU branches pilot wearable closed-captioning device
Its Endicott office is among them ENDWELL, N.Y. — Visions Federal Credit Union (FCU) says it is piloting a device called “Badger” at select locations, including its branch in Endicott. The device is meant to “enhance accessibility of branch services,” Visions FCU said in its Sept. 1 announcement. Endwell–based Visions is
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.