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

New York City firm wins $1 million grand prize in Grow-NY competition in Ithaca
ITHACA, N.Y. — Unibaio of New York City is the $1 million grand-prize winner of the sixth annual Grow-NY business competition. The funding was awarded at the Grow-NY Summit, a two-day event in Ithaca where finalists pitched their business plans to a panel of expert judges, Empire State Development (ESD) said in its Thursday evening […]

Broome County approves 2025 budget
BINGHAMTON, N.Y. — The Broome County Legislature approved the 2025 county budget on Nov. 7, bringing the sixth consecutive property-tax-rate reduction to county residents. The
Preferred Mutual Insurance names two new board members
NEW BERLIN, N.Y. — Preferred Mutual Insurance Company recently announced the appointments of Laura M. Casamento and Nicole C. Woodall to its board of directors.

Georgia firm plans cottage community near Binghamton University
VESTAL, N.Y. — A Georgia real-estate firm that specializes in student housing has committed to building a new cottage community in Vestal less than a mile from Binghamton University. Landmark Properties started construction on The Retreat at Bunn Hill, a project that will provide lower density housing with an array of resident benefits, according to

Binghamton University names Koffman Incubator leader to oversee entrepreneurship efforts
VESTAL, N.Y. — Binghamton University says the woman who leads the Koffman Southern Tier Incubator now has additional duties. The school has named Bandhana Katoch as interim assistant VP for entrepreneurship and innovation partnerships (EIP). Katoch, who joined the university in 2023 as executive director of the Koffman Southern Tier Incubator, will continue to oversee

Bassett’s Valley Health Services receives nearly $11,000 grant to fund new equipment
HERKIMER — Bassett Healthcare Network’s Valley Health Services unit has received a $10,998 grant from the Slocum Dickson Foundation to support equipment and therapies to promote optimal levels of function for the long-term care and rehabilitation of the facility’s residents and patients, the organization announced. The grant funded the purchase of a new bladder scanner,

Generations Bank to be acquired by Rochester credit union
SENECA FALLS — The transaction that involves a Rochester–based credit union acquiring substantially all the assets and liabilities of Generations Bank in Seneca Falls is expected to become official in the middle part of 2025. ESL Federal Credit Union, Generations Bank, and its parent company Generations Bancorp NY, Inc. (NASDAQ: GBNY) on Sept. 24 announced

Visions Federal Credit Union awards $25K grant to Astor D. Rice Foundation
BINGHAMTON — Visions Federal Credit Union has provided a $25,000 grant to the Astor D. Rice Foundation to support and expand the foundation’s Families Achieve Community Empowerment (FACE) program that serves the East Middle School community in Binghamton, the credit union announced. The FACE program is a 12-week opportunity for the families of middle-school students

Tompkins Financial slightly boosts quarterly dividend
ITHACA — Tompkins Financial Corp. (NYSE: TMP) recently announced that its board of directors has approved an increase of its quarterly cash dividend to 62 cents for the fourth quarter — up 1.6 percent from 61 cents in the third quarter, and up 3.3 percent from 60 cents in the fourth quarter of 2023. The

Guthrie Clinic donation places name on upcoming Cortlandville health-care campus
CORTLANDVILLE, N.Y. — Guthrie Clinic says a $1 million donation will help support and place a name on the upcoming health campus that’s currently under
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.