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New York’s local sales-tax collections rise 12% in July

ALBANY, N.Y. — Local sales-tax collections in New York state jumped 11.9 percent in July compared to the same month in 2021.  That’s according to an analysis that New York State Comptroller Thomas DiNapoli issued on Aug. 16. Overall, local sales-tax collections in the state totaled $1.8 billion, up $188 million compared to July of

Chemung Financial names Meade to board of directors

ELMIRA, N.Y. — Chemung Financial Corp. (NASDAQ: CHMG) announced that its board of directors has elected Joseph F. Meade IV to a seat on the board. Meade will stand for shareholder election of a two-year term at the banking company’s annual meeting of shareholders in June 2023. All directors of Chemung Financial also serve on

Visions CEO Muse receives AACUC Lifetime Achievement Award

ENDWELL, N.Y. — The African-American Credit Union Coalition (AACUC) recently announced Ty Muse, Visions Federal Credit Union (FCU) president and CEO, as the 2022 honoree of its Pete Crear Lifetime Achievement Award. The Pete Crear Lifetime Achievement Award recognizes “a credit union professional or volunteer whose career best embodies the AACUC’s mission to increase the

New York milk producer prices up nearly 43 percent versus a year ago

Milk prices at the producer level in New York state remained elevated in the latest month for which data is available amid continued inflationary pressures. New York dairy farms in May were paid an average of $27.10 per hundredweight of milk, unchanged from April but up almost 43 percent from the $19 average in May 2021.

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