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Preferred Mutual’s Raue named to RISE advisory board of directors

NEW BERLIN, N.Y. — Preferred Mutual Insurance Company announced that Michelle Raue, its senior VP and chief claims officer, was recently appointed to the Rising Insurance Star Executive (RISE) advisory board of directors.  RISE provides young professionals entering the insurance industry with resources to help them build a successful career through networking, mentorships, training, education, […]

Downtown Committee seeks applications for Syracuse Cultural Festivals Fund

SYRACUSE, N.Y. — Nonprofits that organize Syracuse festivals through the Syracuse Cultural Festivals Fund have until 11:59 p.m. on Oct. 11 to apply for available funding. The City of Syracuse established the fund in “recognition that festivals and event programming contribute to a vibrant community,” the Downtown Committee of Syracuse, Inc. said in its announcement.

Community Bank Trust Services changes name to Nottingham Trust

DeWITT, N.Y. — Community Bank Trust Services, the personal trust and custodial services provider subsidiary of Community Bank System, Inc. (NYSE: CBU), underwent a name change in August to Nottingham Trust. The change comes almost a year after the creation of Nottingham Wealth in late 2022. Nottingham Wealth combined the financial planning and investment capabilities

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Utica Mutual Insurance names new board member

UTICA, N.Y. — Tiffany L. Hawkins, COO of Momentum Advisors and founding partner of the Franklin Morgan Private Equity Fund, has been elected to the board of directors of Utica Mutual Insurance Company, the lead company of the Utica National Insurance Group. Hawkins joined the minority-owned wealth-management firm Momentum Advisors in 2014 as managing director

New York manufacturing activity bounces back in September

The Empire State Manufacturing Survey general business-conditions index rebounded into positive territory by rising 21 points in September to 1.9. The index had plummeted 20 points in August to -19 after declining six points in July to 1.1. The general business-conditions index is the monthly gauge on New York’s manufacturing sector.  The September reading —

N.Y. home sales continue falling in August with 19% decline

ALBANY, N.Y. — New York realtors sold 11,310 previously owned homes in August, down 18.8 percent from the 13,922 existing homes sold in August 2022. Pending sales also fell more than 11 percent, pointing to further declines in closed home sales in the next couple months. That’s according to the August monthly housing report that

VC firm partner sees opportunity with new Tech Garden office

SYRACUSE — A partner in ff Venture Capital (ffVC) is giving a thumbs up to its role as the first in-residence investor at CenterState CEO’s Tech Garden. Its operations at the Tech Garden also represent an upstate New York office for the New York City–based firm. The Tech Garden, operated by CenterState CEO, is home

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