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

SEFCU to expand through a merger in 2022
ALBANY, N.Y. — The planned merger of Albany–based SEFCU, which operates branches in Central New York, and CAP COM is still on track for completion in 2022. That’s according to Ken Jubie, VP of communications and public relations at SEFCU. Both SEFCU and CAP COM, another federal credit union headquartered in New York’s Capital Region, […]

Tompkins promotes Dresser to mortgage-loan officer
ITHACA, N.Y. — Tompkins Trust Company recently announced it has promoted Kristina Dresser to residential mortgage-loan officer. With 15 years of experience in the financial industry, Dresser has served as assistant branch manager of Tompkins Trust Company’s Trumansburg office for six years. In her new role, Dresser will be responsible for assisting customers throughout their

Horizons FCU is now a division of Empower FCU
SYRACUSE, N.Y. — Horizons Federal Credit Union of Binghamton has merged its operations with Syracuse–based Empower Federal Credit Union in a deal that took effect Oct. 1. The signage at the four current Horizon branches and the one Empower location in the Southern Tier on Oct. 1 changed to Horizons, a division of Empower Federal

Northern Credit Union campaign supports Carthage Area Hospital Foundation
CARTHAGE, N.Y. — Watertown–based Northern Credit Union recently presented the Carthage Area Hospital Foundation (CAHF) with a check for $2,050 from its reopening campaign for its relationship center in Carthage. The Sept. 14 presentation followed the credit union’s campaign in which anyone who opened a new checking account or loan would be able to choose

Community Bank purchase of ESB to give it Southern Tier boost
DeWITT, N.Y. — Community Bank System, Inc.’s (NYSE: CBU) recently announced $83 million agreement to acquire Elmira Savings Bank (ESB) will strengthen and deepen its reach in the Southern Tier, particularly the Corning-Elmira-Ithaca corridor. DeWitt–based Community Bank System announced Oct. 4 that it would acquire ESB (NASDAQ: ESBK), which has total assets of nearly $649

Ithaca College to use $1 million donation for physician-assistant program scholarship
“This incredible gift from Manley and Doriseve Thaler will allow learners to gain critical skills and expertise with a lessened financial burden,” Susan Salahshor, assistant

People news: NBT Bank names LaRusch director of workforce management
JOHNSON CITY, N.Y. — NBT Bank announced it has appointed Richard LaRusch director of workforce management. LaRusch joined NBT Bank in 2012 as human-resources generalist.

Tessy Plastics to acquire Xerox Holdings property in Monroe County
SKANEATELES, N.Y. — Tessy Plastics Corp. plans to purchase a property with three buildings that Xerox Holdings Corporation previously owned in Webster in Monroe County.

State awards funding to airports in CNY, North Country, Southern Tier
Some smaller airports in Central New York, North Country, and Southern Tier will benefit from state funding for infrastructure improvements. New York State has awarded

Oneida County offers online tax-parcel map viewer
UTICA, N.Y. — Oneida County has a new online tax-parcel map viewer that will provide “easier” access and research capabilities and “promote” economic development. It
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.