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

AIS wins $98.5M Air Force contract for AI research
ROME, N.Y. — Rome cyber and information-security company Assured Information Security Inc. (AIS) was recently awarded an Artificial Intelligence-Based Endpoint Defense (ABED) $98.5 million contract focused on researching artificial intelligence (AI)-based techniques. The goal is to enhance the effectiveness and increase the autonomy of cyber capabilities being developed by the Air Force and its partnering […]

Walsh names new finance commissioner, Smart City manager
About Cannizzaro Cannizzaro has been working for the city since 2020, having started as director of accounting before being appointed deputy commissioner of finance in 2022, Walsh’s office said. “Michael Cannizzaro takes over as finance commissioner with a deep knowledge of Syracuse’s finances and a determination to further strengthen the City’s fiscal condition,” Walsh said

Survey: New York manufacturing activity “held steady” in July
The Empire State Manufacturing Survey general business-conditions index fell 6 points in July to 1.1. The index had climbed 38 points in June to 6.6 after plummeting 43 points in May to -31.8. The general business-conditions index is the monthly gauge on New York’s manufacturing sector. The July reading — based on firms responding to

Finger Lakes Health’s affiliation with URMC begins Aug. 1
GENEVA — Finger Lakes Health (FLH) will officially join the health system led by the University of Rochester Medical Center (URMC) on Aug.1. Officials of both institutions announced the affiliation during a July 6 news conference in Geneva. The affiliation seeks to “maintain and expand access to high-quality health services close to home” in the

Nascentia unveils renovated Beeches Manor
ROME, N.Y. — Nascentia Health recently cut the ribbon on the newly renovated Beeches Manor, the first phase of improvements and changes planned at the Beeches complex. The health-care agency has had an office on the Beeches property since about 2011, COO Cheryl Manna says. About a decade in, Destito Realty, Inc. reached out to

Cooperative Federal formally opens its relocated branch on Erie Boulevard
SYRACUSE, N.Y. — Cooperative Federal, a credit union founded and headquartered in Syracuse, on July 21 formally opened its relocated office at 1816 Erie Boulevard East in Syracuse. The credit union’s Erie Boulevard location replaced a branch formerly located just under 1 mile away at 723 Westcott St., where Cooperative Federal operated from 1994 through

AmeriCU announces major expansion of membership field
ROME, N.Y. — Big things are happening at AmeriCU Credit Union. The Rome–based credit union began this year with several strategic moves that set the organization up for continued growth, including opening a virtual branch and other innovative technology as well as adding several new positions, including three business-relations managers. “We have experienced considerable organic

SFCU breaks ground on new Cicero branch office
CICERO, N.Y. — Sidney Federal Credit Union (SFCU) recently formally broke ground on its first Syracuse–area branch at 8062 Brewerton Road in Cicero. Construction will begin as soon as the town approves permits, with plans to complete the project by the end of this year or early 2024. Principle Design Engineering, PLLC of Norwich is

Five Star Bank promotes Bader to chief information security officer
WARSAW, N.Y. — Financial Institutions, Inc. (NASDAQ: FISI), parent company of Five Star Bank, on July 24 announced that it has promoted Scott Bader to serve as the bank’s senior VP and chief information security officer (CISO). In his role, Bader will be responsible for the “execution and evolution” of the bank’s information and cybersecurity

Community Bank System leaders prepare for transition
“We’ve built a company that is very diversified and very stable,” incoming President/CEO Dimitar A. Karaivanov says in an interview with CNYBJ. With a significant banking business (Community Bank, N.A.), insurance business (OneGroup NY), benefits business (BPAS), and wealth-management business (Community Bank Wealth Management), “we have all the pieces in place,” he says. Current Community
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.