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

Five Star Bank gets regulatory approval for Elmira branch move
ELMIRA, N.Y — Five Star Bank in late June received state regulatory approval for the planned relocation of its Elmira branch to 100 West Water St. from its current location at 150 Lake St. The New York State Department of Financial Services on June 22 granted approval to Five Star Bank to change the location […]

Tompkins Financial Advisors names Green CNY managing director
ITHACA, N.Y. — Tompkins Financial Advisors announced it has recently promoted Jennifer Green to VP and managing director of its Central New York region. In this post, based in Ithaca, Green is responsible for growing the number of customers and assets under management in the region by “ensuring each of the company’s team of advisors

NYCUA Recognition Awards honor Visions, Horizons, & SEFCU board chairman
ALBANY, N.Y. — Visions Federal Credit Union (FCU) and Horizons Federal Credit Union in Broome County and the chairman of the SEFCU board of directors were among those honored with NYCUA Recognition Awards. The awards were part of the New York Credit Union Association’s (NYCUA) virtual annual meeting and awards ceremony held June 24. Social

CFCU Community Credit Union posthumously honors board member
ITHACA, N.Y. — The CFCU Community Credit Union board of directors has voted to posthumously honor Joseph (Joe) During with the title of director emeritus. During is the first CFCU board member bestowed with the recognition, CFCU said in a June 29 news release. The title of director emeritus honors retiring board members who have

Five Star Bank names regional presidents
WARSAW, N.Y. — Five Star Bank, a unit of Financial Institutions, Inc. (NASDAQ: FISI) recently announced it has appointed regional bank presidents. The bank has named Craig Burton Finger Lakes/Southern Tier regional president, in addition to his role as commercial real-estate executive, according to a June 17 Five Star Bank news release. Burton continues to
Summit FCU launches virtual branch
The Summit Federal Credit Union (SFCU) on July 6 opened a new virtual branch, which the organization says is available “everywhere.” Using Zoom technology, branch “visitors” see and talk directly with a local relationship specialist and do just about everything they’d do at a physical branch, right from a mobile or electronic device, Summit FCU contends. The

Community Foundation of Herkimer and Oneida Counties appoints Warfel of MVHS to board of directors
UTICA, N.Y. — The Community Foundation of Herkimer and Oneida Counties recently announced that it has added Dr. Mark Warfel to its board of directors. Warfel serves as director of the St. Elizabeth Family Medicine Residency Program and the Mohawk Valley Health System’s (MVHS) director of medical education. Warfel is a graduate of the St.
Broome County hotel occupancy rate more than doubles in May
BINGHAMTON, N.Y. — Broome County hotels saw their biggest rebound in customers to date in May as they recover from the business disruptions of the COVID pandemic, according to a new report. The hotel occupancy rate (rooms sold as a percentage of rooms available) in the county more than doubled (up 102 percent) to 54.1
Jefferson County hotel occupancy rate soars again in May
WATERTOWN — Hotels in Jefferson County saw another large influx in guests in May compared to a year prior, as the travel and leisure business
CNY region unemployment rates fall in June, jobs rise
Unemployment rates in the Syracuse, Utica–Rome, Watertown–Fort Drum, Binghamton, and Elmira regions were in mid-single-digit figures in June and were roughly half as high as a year ago when the COVID-19 pandemic led to large-scale layoffs. The numbers were part of the latest New York State Department of Labor data released July 20. In addition, all the
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.