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AmeriCU CEO says the credit union remains financially strong
ROME, N.Y. — Rome–based AmeriCU Credit Union “remains financially strong and well-capitalized.” That’s part of the message that Ronald Belle, president and CEO of AmeriCU, delivered to the credit union’s annual membership meeting held March 13. John Stevenson, chairman of the AmeriCU board of directors, also addressed the current membership on the credit union’s financial […]
Berkshire Bank parent’s Q1 net income rises 37 percent
Berkshire Hills Bancorp (NYSE:BHLB) — the parent company of Berkshire Bank, which has a major presence in the Mohawk Valley — reported first-quarter net income of $27.6 million, or 63 cents a share, up nearly 37 percent from $20.2 million, or 42 cents, in the year-ago quarter. While the results matched those forecast by Zacks
Visions FCU opens newly rebuilt branch in Tioga County
NEWARK VALLEY, N.Y. — The newly reconstructed branch office of Visions Federal Credit Union (FCU) in Newark Valley in Tioga County is now open. The branch opening concludes a year-long project to tear down and rebuild the structure at 7198 State Route 38, Visions FCU said in its April 5 announcement. The new office includes
NBT Bancorp’s first-quarter earnings dip 14 percent
NORWICH, N.Y. — NBT Bancorp, Inc. (NASDAQ: NBTB) reported net income of $33.7 million, or 78 cents per share, in the first quarter of 2023, down nearly 14 percent from $39.1 million, or 90 cents, in the year-ago quarter due to securities losses and acquisition expenses. “NBT’s first-quarter results reflect the strength of our balance
AmeriCU investment team wins industry award
ROME, N.Y. — AmeriCU Credit Union’s investment team recently received the 2022 Perspective Program Award of Excellence from the Credit Union National Association (CUNA) Mutual Group. CUNA Mutual Group is a mutual-insurance company that provides financial services to cooperatives, credit unions, and their members. A selection committee used information from sales leaders, managers, and CUNA
CenterState CEO annual meeting includes business awards, speakers
SYRACUSE, N.Y. — Mower, American Fashion Network, and Collins Barber & Beauty Shop were among the organizations recognized with awards during CenterState CEO’s annual meeting
People news: Bixby joins Welliver as project superintendent
MONTOUR FALLS, N.Y. — Construction-services company Welliver announced it has hired Jonah Bixby as project superintendent. Bixby brings significant knowledge of construction processes and building
Micron official calls upcoming Clay semiconductor campus “big bet” for company, region
April Arnzen, chief people officer at the Boise, Idaho–based Micron Technology Inc. (NASDAQ: MU), on Wednesday spoke to area business leaders at CenterState CEO’s annual
Utica resident charged with passing counterfeit bills at North Country Walmart stores
WATERTOWN, N.Y. — State police in Watertown this week arrested a Utica resident for passing counterfeit $100 bills at Walmart stores in the towns of
Ashworth joins Preferred Mutual as chief HR officer, diversity and inclusion officer
NEW BERLIN, N.Y. — Pauline E. Ashworth has joined Preferred Mutual Insurance Company as executive VP, chief human resources (HR) officer, and diversity and inclusion
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