Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.

Rheonix opens new laboratory, offering COVID-19 PCR testing
ITHACA, N.Y. — Rheonix Inc. of Ithaca announced it has opened Rheonix Laboratories LLC, a CLIA-certified clinical laboratory that will initially offer COVID-19 PCR testing.

Hamilton’s Community Memorial adds cardiovascular nurse practitioner
HAMILTON, N.Y. — Community Memorial Hospital has added cardiovascular nurse practitioner Rebecca Dorn to the cardiology practice at Hamilton Family Health Center. “She brings a

Elmira home health aide sentenced for defrauding state workers’-comp. system
ELMIRA, N.Y. — An Elmira–based home health aide who was paid more than $6,000 to care for an elderly workers’-compensation recipient, but never showed up

Countryside and Northern Credit Unions plan to merge
WATERTOWN, N.Y. — The members of Countryside Federal Credit Union (FCU) are expected to vote on and approve a proposed merger with Watertown–based Northern Credit Union on Aug. 1. Countryside FCU is located at 5720 Commons Park Drive in DeWitt. The proposed combination “will be finalized in the fall following an anticipated positive vote” by

Visions Federal Credit Union’s COO Butler retires
ENDWELL, N.Y. — Ed Butler, executive VP and chief operating officer (COO) of Visions Federal Credit Union, has retired after 42 years with the organization. Butler started working for Visions on July 8, 1980 and retired on July 8 of this year, per the credit union’s July 18 news release. Butler began his career with
Tompkins Financial to pay Q3 dividend of 57 cents
ITHACA, N.Y. — Tompkins Financial Corp. (NYSE: TMP) announced that its board of directors has approved payment of a regular quarterly cash dividend of 57 cents a share for the third quarter. The dividend is payable on Aug. 12, to common shareholders of record on Aug. 2. It is the same amount that the Ithaca–based

sfcu cuts ribbon on newest branch, makes plans for more locations
SIDNEY, N.Y. — With many new projects and initiatives underway, Sidney Federal Credit Union (sfcu) took time out recently to celebrate the grand opening of its Amsterdam branch, which opened in the fall of 2021 during the pandemic. CEO Jim Reynolds calls the branch the next evolution in personal banking. Instead of the traditional teller

NBT Bancorp profit dips slightly in Q2
NORWICH, N.Y. — NBT Bancorp, Inc. (NASDAQ: NBTB) reported that its second-quarter net income dropped to $37.8 million, or 88 cents a share, from $40.3 million, or 92 cents per share, in the year-ago quarter. Net interest income recognized in this year’s second quarter from the federal Paycheck Protection Program (PPP) was about $1.3 million,

BAE Systems in Endicott wins $92M U.S. Air Force contract for F-16 technology upgrades for Taiwan
ENDICOTT, N.Y. — BAE Systems has been awarded a $92 million U.S. Air Force contract to modify the F-16 Hybrid Flight Control Computer to digital capability. Work will be performed in BAE’s Endicott facility and is expected to be complete by June 20, 2027, according to a July 21 contract announcement from the U.S. Department

CNY closed home sales dip nearly 9 percent in June, pending sales fall more than 33 percent
SYRACUSE, N.Y. — Realtors in a six-county region of Central New York closed on the sale of 783 homes in June, down 8.5 percent from the 856 homes they sold in the year-prior month. That’s according to the latest housing-market report released by the Greater Syracuse Association of Realtors (GSAR) on July 20. However, pending
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.