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NBT looks to build on solid third quarter with growth
NORWICH, N.Y. — In spite of a volatile interest-rate environment, NBT Bancorp Inc. (NASDAQ: NBTB) reported third-quarter net income of $39 million, or 90 cents per share. That’s up more than 4 percent from $37.4 million, or 86 cents a share, in the year-ago quarter. The quarter was marked not only with rising interest rates, […]
N.Y.’s closed home sales fell nearly 13 percent in September
ALBANY, N.Y. — New York realtors sold 12,057 previously owned homes in September, down 12.6 percent from the 13,797 homes sold in the year-ago month. Pending sales in September fell more than 11 percent, likely foreshadowing further declines in closed home sales in the next couple months. That’s according to the New York State Association
Canadian company plans job expansion at Binghamton plant
BINGHAMTON, N.Y. — With an infusion of investor cash, CMP Advanced Mechanical Solutions of Canada is reequipping its Binghamton plant to better match the industries it serves and will create new jobs in the process. The company opened the Binghamton location in 2006 and primarily performed work for the semiconductor industry, says Jarrod Connolly, director
Visions FCU opens contact center in Reading, Pennsylvania
Visions Federal Credit Union (FCU) has recently opened a new contact center in Reading, Pennsylvania. Employees at the new site assist with remote-banking services, including phone transactions, loan applications, and Live Chat instant messaging for members using digital banking and other financial services in both English and Spanish. Visions FCU, which is headquartered in Endwell
New York’s Tioga County part of expanded territory for Corning’s First Heritage FCU
CORNING, N.Y. — New York’s Tioga County is now part of the expanded territory of First Heritage Federal Credit Union (FCU), which is headquartered in Corning. First Heritage FCU on Sept. 28 announced it is expanding its field of membership into eight additional counties throughout New York and Pennsylvania. The newly enlarged field of membership
ICAN uses AmeriCU gift for Children’s Museum gift shop
UTICA, N.Y. — AmeriCU presented $150,000 to Integrated Community Alternatives Network (ICAN) to support a new gift shop for the Children’s Museum which will be located in ICAN’s Family Resource Center. “The gift shop is an important area located in the glass rotunda, which is being constructed right now. It will be a place where
First Source FCU donates to support young entrepreneurs
NEW HARTFORD, N.Y. — First Source Federal Credit Union (FCU) recently awarded $5,000 to Mohawk Valley Community College Foundation, Inc. to support the college’s Young Entrepreneurs Academy (YEA!). This latest award brings First Source’s total financial support for the program to $30,000, since its inception 11 years ago. “MVCC and the YEA! program continue to
NYCUA Recognition Awards honor area credit unions
Pfisterer The Hall of Fame honors individuals who “devoted their lives to the philosophy and success” of the credit-union movement, and who have made a “significant impact” on credit unions at the local, state or national levels. Pfisterer has been active on NYCUA’s board of directors, serving from 2009-2020, and as chairman from 2015-2017. “I
Generations Bank names new market manager of Cayuga County
AUBURN, N.Y. — Generations Bank has recently appointed Stephanie Northup to assistant vice president (AVP) and market manager of Cayuga County. In her new position, Northup will manage three Generations Bank offices in Cayuga County, including the two Auburn branches located on Seward Avenue and Osborne Street, as well as the office in Union Springs.
Tompkins Financial boosts quarterly dividend by 5 percent
ITHACA, N.Y. — Tompkins Financial Corp. (NYSE: TMP) recently announced that its board of directors has approved payment of a regular quarterly cash dividend of 60 cents a share, up 5.3 percent from 57 cents last quarter. The new dividend is payable on Nov. 15, to common shareholders of record on Nov. 8. At Tompkins’
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