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Chemung Financial profit jumps in 3rd quarter
ELMIRA — Chemung Financial Corp. (NASDAQ: CHMG), parent company of Chemung Canal Trust Company, recently reported that its net income soared to $5.7 million, or $1.19 per share, in the third quarter from $2 million, or 40 cents, in the year-ago period. “Third quarter results included a 4.8 percent increase in net interest income and […]
AmeriCU names new chief experience officer
ROME — AmeriCU Credit Union has hired a new chief experience officer as the credit union celebrates seven decades of operation. The nonprofit AmeriCU serves nine counties in Central and Northern New York. The organization has grown to more than 140,000 members, 19 locations, and $2 billion in assets. AmeriCU Credit Union is headquartered in
Summit FCU board of directors appoints new chair
Since 2019, Modesti has been the executive VP and CFO of Sweeteners Plus, LLC, a manufacturer and distributor of sugar products in Lakeville in Livingston County. Formerly president of Biomaxx, Inc., he remains on the company’s board. Modesti is also a director on the boards of Highland Hospital in Rochester and the Rochester chapter of
Chemung Canal Trust expands lending operations into Buffalo market
ELMIRA — Chemung Canal Trust Company, a unit of Chemung Financial Corp. (NASDAQ: CHMG), announced on Oct. 21 that it will expand its lending operations to serve the City of Buffalo, as well as Erie and Niagara Counties. “I am happy to announce that the bank will be entering the Western New York market with
Utica renames business park after former mayor, Utica College treasurer
UTICA, N.Y. — Utica Mayor Robert Palmieri on Thursday announced the Utica Business Park will be renamed the “LaPolla & Ford Business Park” in honor
Possible virus exposure reported at Plant Fitness gym, five stores in New Hartford
NEW HARTFORD, N.Y. — Oneida County officials reported Friday that the public may have been recently exposed to COVID-19 at the Planet Fitness gym and
Syracuse airport formally opens new exit portal in terminal B after $1.5 million project
SYRACUSE, N.Y. — The Syracuse Regional Airport Authority (SRAA) on Friday formally opened the new exit portal in terminal B at Syracuse Hancock International Airport.
SUNY Poly to use grant funding for K-12 mental-health services in Herkimer County
MARCY, N.Y. — Herkimer County announced it has awarded two instructors at SUNY Polytechnic Institute (SUNY Poly) a grant of $750,000 to support school-based, mental-health
TCAD rebrands as Ithaca Area Economic Development
ITHACA, N.Y. — Tompkins County Area Development (TCAD) says it is now operating as Ithaca Area Economic Development, using an updated logo. Ithaca Area Economic
St. Lawrence University to use $3 million donation to launch new Center for Career Excellence
CANTON, N.Y. — St. Lawrence University will use a $3 million donation toward a new Center for Career Excellence on the campus in Canton. The
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