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AmeriCU creates new position to support business members
ROME, N.Y. — AmeriCU Credit Union says it has created a new position to strengthen and expand its support of business members. Jay Singh will fill the new role of assistant vice president (AVP) of business services CUSO (Credit Union Service Organization). He brings more than 30 years of experience in the financial-services industry to […]
CenterState CEO appoints Fournier as new board chair
SYRACUSE, N.Y. — CenterState CEO, the region’s largest economic development and business leadership organization, has announced that its board of directors has elected KeyBank Central New York Market President Stephen Fournier as the organization’s new board chair. Fournier succeeds David Schneckenburger, president and CEO of Thompson & Johnson Equipment Co., Inc., who served as board
Syracuse man pleads guilty to stealing nearly $22K in pension checks sent to deceased mother
SYRACUSE, N.Y. — A Syracuse man recently pled guilty to stealing nearly $22,000 in pension payments sent to his deceased mother. New York State Comptroller
Herkimer College names director of financial aid
HERKIMER, N.Y. — Herkimer College has appointed Andrea Curley, of Herkimer, as director of financial aid. Curley most recently worked as assistant director of financial aid coordinator at Utica University, where she was responsible for overseeing all aspects of financial aid. That included overseeing students enrolled in work-study employment for the financial-aid office, aid awards,
Community Bank formally opens new branch in Liverpool area
CLAY, N.Y. — Community Bank, N.A. opened its new branch in the Liverpool area on Thursday May 22, marking continued growth for the bank and its parent company, DeWitt–based Community Financial System, Inc. (NYSE: CBU). Located at 7379 Oswego Road (Route 57) in the Glen Crossing Plaza in the town of Clay, the new branch
DASNY program to finance nearly $36 million in new medical equipment for Upstate Medical University
SYRACUSE, N.Y. — The Dormitory Authority of the State of New York (DASNY) on Friday announced the closing of $35.88 million in tax-exempt lease financing
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
Pathfinder Bancorp profit rises more than 40 percent in Q1
OSWEGO, N.Y. — Pathfinder Bancorp, Inc. (NASDAQ: PBHC), the holding company for Pathfinder Bank, reported net income of $3 million, or 41 cents a share, in the first quarter of this year, up nearly 43 percent from $2.1 million or 34 cents, in the first quarter of 2024. Pathfinder attributed the growth to improving operating
Berkshire Bank parent company to pay Q2 dividend of 18 cents a share in late May
Berkshire Hills Bancorp, Inc. (NYSE: BHLB) — parent company of Berkshire Bank, which has a significant presence in the Mohawk Valley region — recently announced that its board of directors has approved a quarterly cash dividend of 18 cents per common share. The dividend is payable on May 29, to shareholders of record as of
Pathfinder Bank expands small biz, commercial-lending teams
OSWEGO, N.Y. — Pathfinder Bank recently announced it has added three experienced lenders in the commercial and small-business banking space: James Wright, Heather Mulhall, and Ryan Kohutanich. These new hires bring deep local market expertise and a proven track record of operational success, Pathfinder contends. They are driving business loan and deposit growth in Syracuse,
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