Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
Community Financial System Q1 profit rises more than 21%
DeWITT, N.Y. — Community Financial System, Inc. (NYSE: CBU) — parent company of Community Bank, N.A. — recently reported net income of $49.6 million, or 93 cents per share, in the first quarter, up more than 21 percent from $40.9 million, or 76 cents, in the first quarter of 2024. Increases in net interest income […]
DIA launches retail mini-grant program in Ithaca
ITHACA, N.Y. — The Downtown Ithaca Alliance (DIA), in partnership with the City of Ithaca, has relaunched the Ithaca Retail Mini-Grant Program (IRMGP) to assist small, street-level businesses within the city that are recovering from the ongoing economic effects of COVID-19. “The IRMG is designed to spark collaboration, draw customers back to our commercial districts,
Coughlin & Gerhart attorney reappointed to state advisory committee
BINGHAMTON, N.Y. — Coughlin & Gerhart, LLP announced that its attorney Alan J. Pope was recently reappointed as a member of the New York State Judicial Hearing Officer (JHO) Selection Advisory Committee for the state’s Third Judicial Department. His new term began on April 1, 2025, and extends through March 31, 2027. The JHO Selection
Willow Point names new administrator
VESTAL, N.Y. — Sonya Moshier is Willow Point Rehabilitation and Nursing Center’s new administrator, Broome County Executive Jason Garnar announced Thursday. Moshier brings more than 30 years of experience in health-care leadership to the role. She previously served in both public and private settings around the state and has a strong background in senior-care operations
UHS to receive nearly $4 million from Mother Cabrini Health Foundation
BINGHAMTON, N.Y. — United Health Services Inc. (UHS) announced it will receive nearly $3.9 million in multi-year funding from the Mother Cabrini Health Foundation’s new
Tompkins Community Bank names VP, employee experience manager
ITHACA, N.Y. — Tompkins Community Bank has appointed Gina Benedict as VP and employee experience manager. Benedict, who has worked in professional services and human resources for nearly three decades, will oversee Tompkins’ employee experience team, developing and implementing strategies that enhance the bank’s overall work culture, the bank announced. She previously worked as an
FuzeHub awards grants to Cornell, Clarkson, AMT partnerships
ALBANY, N.Y. — FuzeHub has awarded grant funding to collaborative projects involving Cornell University, Clarkson University, and Alliance for Manufacturing & Technology. They’re among six
NBT profit rises nearly 9 percent in first quarter
NORWICH — NBT Bancorp, Inc. (NASDAQ: NBTB), parent of NBT Bank, posted a high single-digit increase in first-quarter profit on the strength of gains in both interest-based income and fee-based income. NBT reported net income of $36.7 million in this year’s first quarter, up 8.6 percent from $33.8 million in the year-prior quarter. The banking
Former Candor mayor sentenced to 60 days jail for theft
CANDOR — The former mayor of the Village of Candor in Tioga County has been sentenced to two months in jail for his theft of more than $23,500 in village funds. Eric Halstead, who was Candor’s mayor from 2012 until he resigned shortly after his arrest in July 2024, pled guilty on Jan. 10 to
NBT Bancorp completes Evans Bancorp merger
NORWICH, N.Y. — NBT Bancorp Inc. (NASDAQ: NBTB) has completed its acquisition of Evans Bancorp, Inc. The merger closed on Friday May 2 and was
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.