Insurance & Financial Services

Utica National Foundation donates $1 million toward MVHS downtown Utica hospital project

UTICA, N.Y. — The Utica National Group Foundation on Wednesday announced a $1 million grant to support the project to build a $480 million, 373-bed, 672,000-square-foot hospital in downtown Utica, which is currently under construction. Read More

Report: HSA balances continue to grow gradually

But many account holders aren’t taking full advantage of HSA features Average health savings account (HSA) balances increased modestly from $1,990 in 2011 to $2,803 in 2018, according to a new report Read More

Ansco Lofts development in Binghamton formally opens

BINGHAMTON, N.Y. — Paulus Development of Syracuse on Wednesday formally opened the Ansco Lofts at the site of the former Ansco Camera Factory.n project. Read More

Pinnacle Holding Company hires Doug Logan as chief branding officer

SYRACUSE, N.Y. — A former, long time “Voice of the Orange” has a new job with a Syracuse–based financial-services firm. Read More

Citizens Bank names Le Moyne graduate president of its upstate New York region

SYRACUSE, N.Y. — Citizens Bank announced it has named J. Theodore Smith as president of its upstate New York region. Read More

People news: Generations Bank promotes Maltman to VP, residential sales manager

GENEVA, N.Y. — Generations Bank announced it has promoted Bernyce Maltman to VP and residential sales manager. Read More

Summit FCU taps COO as its next CEO

ROCHESTER, N.Y. — The Summit Federal Credit Union (FCU) announced it has chosen Laurie Baker as its next president and CEO, effective Feb. 1. Read More

Chemung Financial pays dividend of 26 cents a share for last quarter

ELMIRA — Chemung Financial Corp. (NASDAQ: CHMG) recently announced that its board of directors has approved a quarterly cash dividend of 26 cents per share. The dividend was payable on Jan. 2, to com Read More

Edward Jones office to formally open in Johnson City on Jan. 15

JOHNSON CITY — The investment firm Edward Jones will formally open its new office in Johnson City on Jan. 15. Chris Curry is the financial advisor at the new 345 Harry L. Drive office, which opened t Read More