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Five Star Bank parent company to pay Q4 dividend in early January
WARSAW, N.Y. — Financial Institutions, Inc. (NASDAQ: FISI), parent of Five Star Bank, recently announced that its board of directors has approved a quarterly cash dividend of 27 cents per share of its common stock for the fourth quarter. Financial Institutions said it will pay its quarterly dividend on Jan. 3, to shareholders of record […]
Broome County hotel occupancy jumps nearly 44 percent in October
BINGHAMTON, N.Y. — Broome County hotels welcomed substantially more guests in October than in the year-ago month, according to a recent report. The hotel-occupancy rate (rooms sold as a percentage of rooms available) in the county increased 43.9 percent to 59 percent in October, according to STR, a Tennessee–based hotel market data and analytics company.
Jefferson County hotel-occupancy rate jumps almost 24 percent
WATERTOWN, N.Y. — Hotels in Jefferson County were substantially fuller in October than in the year-ago month, continuing the lodging industry’s recovery from the pandemic, according to a recent report. The hotel-occupancy rate (rooms sold as a percentage of rooms available) in the county rose 23.7 percent to 56.7 percent this October, according to STR,
CNY regions post lower jobless rates, add jobs in October
Unemployment rates in the Syracuse, Utica–Rome, Watertown–Fort Drum, Binghamton, Ithaca, and Elmira regions fell in October compared to a year ago as the regions continued to recover from the impact of layoffs in the COVID-19 pandemic. The figures are part of the latest New York State Department of Labor data released Nov. 23. In addition, the Syracuse,
Tompkins Chamber, CVB plan to move to new space next spring
ITHACA, N.Y. — The Tompkins County Chamber of Commerce and Ithaca/Tompkins Convention & Visitors Bureau (CVB) have chosen their next space for operations and it’s located on Ithaca’s west side. The chamber’s board of directors and executive leadership say the organization will be moving its offices to 124 Brindley St., within the Aeroplane Factory campus,
Oneida County hotel occupancy rises more than 21 percent in October
UTICA, N.Y. — Oneida County’s hotels welcomed more guests in October compared to a year ago as they continued to rebound from the pandemic. The county’s hotel-occupancy rate (rooms sold as a percentage of rooms available) jumped 21.5 percent to 63.1 percent in October from the year-prior month. That’s according to a recent report from
Samaritan Health reaches wage agreement with NYSNA
WATERTOWN, N.Y. — Samaritan Health in Watertown announced it has reached an agreement with the New York State Nurses Association (NYSNA) to raise wages for
Smith Brothers Insurance names Kelly private-client practice leader
Smith Brothers Insurance, LLC — an independent insurance and risk-management broker with Southern Tier offices in Vestal, Owego, and Waverly — recently hired Mike Kelly as private-client practice leader. Kelly is responsible for private-client growth initiatives, client service, and enhancing the company’s people-focused culture, according to a Smith Brothers news release. Kelly brings 15 years
Smith Brothers Insurance acquires Massachusetts agency
Smith Brothers Insurance, LLC — which was Southern Tier offices in Vestal, Owego, and Waverly — has acquired Oxford Insurance Agency, an independent insurance agency in Oxford, Massachusetts. The deal became effective Nov. 1, per a company news release, which disclose any financial terms. Smith Brothers is headquartered in Glastonbury, Connecticut. The acquisition expands Smith
Security Mutual adds insurance-industry veteran to board
BINGHAMTON, N.Y. — Security Mutual Life Insurance Company of New York announced that it has appointed insurance-industry veteran Robin Lenna to its board of directors. Lenna is senior VP at Vitech Systems Group, a New York City–based global provider of cloud-native benefit and investment-administration software. “We are happy to welcome Robin to the Board of
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