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Chemung Financial to pay Q3 dividend of 31 cents in early October
ELMIRA, N.Y. — Chemung Financial Corp. (NASDAQ: CHMG) announced that its board of directors has approved a quarterly cash dividend of 31 cents per share of its common stock. The banking company will pay the dividend on Oct. 2, to shareholders of record as of the close of business on Sept. 18. At Chemung Financial’s […]
New York egg production dips 1.5 percent in July
Farms in New York state produced 147.7 million eggs in July, down 1.5 percent from 149.9 million eggs in the year-ago month, the USDA’s National Agricultural Statistics Service (NASS) recently reported. The number of layers in the Empire State averaged 5.75 million in the seventh month of this year, up 0.5 percent from 5.72 million
NBT’s Q2 earnings dip, but outlook remains positive
NORWICH, N.Y. — NBT Bancorp, Inc. (NASDAQ: NBTB) closed out the second quarter of 2023 with about a 20 percent decline in profit amid a volatile market, but banking-company executives expressed a positive outlook for the remainder of the year. NBT reported that net income fell to $30.1 million, or 70 cents a share, in
PAR Technology battles through Q2 struggles
NEW HARTFORD, N.Y. — PAR Technology Corp. (NYSE: PAR) ended the second quarter with higher sales, but a net loss as the company battled some sales glitches and made investments toward future success. PAR’s sales for the quarter ending June 30, 2023, totaled $100.5 million, up 18.2 percent from $85.1 million a year prior. The
MVHS reaccredited as HeartCARE Center: National Distinction of Excellence
UTICA, N.Y. — Mohawk Valley Health System (MVHS) announced it has received reaccreditation as a HeartCARE Center: National Distinction of Excellence from the American College of Cardiology (ACC). MVHS stipulated that it was the first health-care organization in the state to earn the accreditation and one of the first nationally to achieve the honor. Accreditation
Gillibrand pushes bill to designate Finger Lakes a National Heritage Area
ROMULUS, N.Y. — New York state’s Finger Lakes region would be designated as a National Heritage Area under a proposal that U.S. Senator Kirsten Gillibrand (D–N.Y.) recently announced. Gillibrand on Aug. 14 visited Buttonwood Grove Winery in Romulus to push the proposal in a news conference. National Heritage Areas (NHA) are established by Congress to
Women’s Fund of Herkimer and Oneida Counties offers $5,000 grants to women in business
UTICA, N.Y. — The Women’s Fund of Herkimer and Oneida Counties, in cooperation with Baird Private Wealth Management and the Griffiss Institute, is sponsoring four $5,000 grants to women in business in Herkimer and Oneida counties. The businesses must be at least 51 percent women-owned and in existence for at least one year. “We are
Cazenovia to use $160K in federal funding for planning after closure of Cazenovia College
CAZENOVIA, N.Y. — The Village of Cazenovia will use a federal grant of $166,000 to help in planning following the recent closure of Cazenovia College.
People news: AmeriCU names new manager for Yorkville branch
YORKVILLE, N.Y. — Maryann Busch has joined AmeriCU Credit Union as financial center manager of its Commercial Drive office in Yorkville, the credit union announced.
Utica Urban Renewal Agency approves sale of Kennedy Parking Garage to MVHS
UTICA, N.Y. — Utica’s Urban Renewal Agency has unanimously approved the sale of the city’s Kennedy Parking Garage to Mohawk Valley Health System (MVHS) for
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