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Mohawk Valley

SUNY Poly and AIS expand research, innovation partnership

MARCY, N.Y. — SUNY Polytechnic Institute and Assured Information Security (AIS) have signed a memorandum of agreement (MOA) marking an expansion of their partnership to strengthen shared goals of advancing cutting-edge research, supporting regional innovation, and preparing the next generation of cybersecurity professionals. “SUNY Poly is proud to partner with AIS to provide transformative experiences

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Community Bank

Community Financial System Q1 profit rises more than 21%

DeWITT, N.Y. — Community Financial System, Inc. (NYSE: CBU) — parent company of Community Bank, N.A. — recently reported net income of $49.6 million, or 93 cents per share, in the first quarter, up more than 21 percent from $40.9 million, or 76 cents, in the first quarter of 2024. Increases in net interest income

Pathfinder Bank

Pathfinder Bancorp profit rises more than 40 percent in Q1

OSWEGO, N.Y. — Pathfinder Bancorp, Inc. (NASDAQ: PBHC), the holding company for Pathfinder Bank, reported net income of $3 million, or 41 cents a share, in the first quarter of this year, up nearly 43 percent from $2.1 million or 34 cents, in the first quarter of 2024. Pathfinder attributed the growth to improving operating

Berkshire Bank parent company to pay Q2 dividend of 18 cents a share in late May

Berkshire Hills Bancorp, Inc. (NYSE: BHLB) — parent company of Berkshire Bank, which has a significant presence in the Mohawk Valley region — recently announced that its board of directors has approved a quarterly cash dividend of 18 cents per common share. The dividend is payable on May 29, to shareholders of record as of

ConMed

ConMed announces executive changes

ConMed Corp. (NYSE: CNMD), a surgical-device maker originally headquartered in the Utica region, recently announced some executive changes. On April 1, the company appointed Andrew Moller, 50, as principal accounting officer, according to ConMed’s Form 8-K filing with the U.S. Securities & Exchange Commission. This came after Moller had on Jan. 27 started serving in

Innovare Center

Capital–area cybersecurity firm to move to Rome’s Innovare Center

ROME, N.Y. — A Troy-based cybersecurity startup will establish its software development and operations headquarters at the Innovare Advancement Center in Rome and join the Griffiss Institute’s incubator. The Innovare Center offers an innovation ecosystem designed to accelerate breakthroughs in national security, defense technology, and advanced cybersecurity. “By relocating to Innovare and partnering with Griffiss

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