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NBT Bancorp to pay quarterly dividend of 28 cents a share in first quarter
NORWICH, N.Y. — NBT Bancorp Inc. (NASDAQ: NBTB) recently announced that its board of directors has approved a cash dividend of 28 cents per share for the first quarter of this year. The payment is unchanged from each of the last two quarters but up by 3.7 percent from the 27 cents a share that […]

NIH grant to help Binghamton professor explore serotonin’s role in Parkinson’s disease
VESTAL, N.Y. — A Binghamton University professor will use a grant from the National Institutes of Health (NIH) for research that focuses on serotonin’s role in Parkinson’s disease. When he came to Binghamton in 2005, Christopher Bishop, a psychology professor, uncovered something interesting in his research. He found that the serotonin system, best known for

Oswego Hospital’s medical- surgical unit renovated in a $7.6M project
OSWEGO, N.Y. — The third and fourth floors of Oswego Hospital hadn’t been renovated since the structure was built in 1969. But they were targeted in a $7.6 million renovation project for the facility’s medical-surgical unit that is now complete, Oswego Health said. The health system contends that each patient room offers a “hotel-like” feel

Pathfinder Bancorp profit doubles in fourth quarter
OSWEGO, N.Y. — Pathfinder Bancorp, Inc. (NASDAQ: PBHC), the holding company for Pathfinder Bank, reported net income of $3.9 million, or 64 cents a share, in the fourth quarter, up from $1.9 million, or 33 cents, in the year-ago quarter. The banking company’s fourth quarter total revenue (net interest income plus total noninterest income) of

Strategic’s lead advisor earns CFP designation
UTICA, N.Y. — Melissa Fernalld, a lead financial advisor at Strategic Financial Services, Inc., a Utica–based wealth-management firm, has achieved her CFP designation from the Certified Financial Planner Board of Standards, Inc. This designation is awarded to individuals who successfully complete the CFP Board’s initial exams, then continue ongoing annual education programs to sustain their

Smith named chief financial officer of UHS
BINGHAMTON, N.Y. — James (Jay) Smith is the new VP for finance and chief financial officer of United Health Services (UHS) and UHS Hospitals in

Utica College becomes Utica University
UTICA, N.Y. — Calling it the “worst kept secret” after news leaked Wednesday afternoon on social media, Laura Casamento on Thursday formally announced that Utica

Ralph Wilson, Jr. Foundation invests additional $3 million in Launch NY Seed Fund, other programs
BUFFALO, N.Y. — The Ralph C. Wilson, Jr. Foundation has made an additional $3 million investment over the next two years to support Launch NY’s

BAE Systems to provide electric-drive systems for Philadelphia’s new fleet of transit buses
ENDICOTT, N.Y. — The Southeastern Pennsylvania Transportation Authority (SEPTA) has selected BAE Systems to supply up to 340 electric-drive systems for its new fleet of

Greater Binghamton Chamber economic-forecast event covers economic climate, challenges
BINGHAMTON, N.Y. — The Greater Binghamton Chamber of Commerce held its annual Economic Forecast event on Feb. 15. This year, Peter Kneis, group VP at
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.