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Community Bank moves closer to Elmira Savings Bank acquisition

Q1 net income declines DeWITT, N.Y. — As it moves closer to finalizing its acquisition of Elmira Savings Bank (NASDAQ: ESBK), Community Bank System, Inc. (NYSE: CBU) on April 22 announced that is has received regulatory approval from the U.S. Office of the Comptroller of the Currency for that transaction.  The DeWitt–based banking company also

SeaComm FCU buys one-acre parcel in Watertown for $1.1M

WATERTOWN, N.Y. — SeaComm Federal Credit Union (FCU) recently purchased a one-acre parcel at 20485 Route 3 in Watertown for $1.1 million. Bill Colucci of Cushman & Wakefield/Pyramid Brokerage Company, in conjunction with Cushman/Grant Street Associates, helped arrange the transaction. SeaComm FCU, based in Massena, has 51,800 members with assets of more than $759 million,

Visions’ marketing recognized during CUNA’s Diamond Awards

The Credit Union National Association (CUNA) has recognized Visions Federal Credit Union for two of its marketing initiatives.  CUNA awarded Visions the Business Development Efforts award for its 2021 Business Services Suite campaign, along with the Diamond in the Rough award for the Tompkins County debit-card contest. CUNA presented the awards as part of its

Morris starts expanded role as Berkshire Bank’s N.Y. regional president

Berkshire Bank, a regional community bank with branches in New England and New York, recently appointed James J. Morris IV as its regional president for New York state.  The bank’s New York state territory includes the Capital region, the Mohawk Valley, and Central New York. Morris is an experienced banking professional who has served as

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