The Summit Federal Credit Union to close Camillus branch in Township 5
CAMILLUS, N.Y. — The Summit Federal Credit Union’s (FCU) branch located at Township 5 in Camillus will close at the end of business on Saturday, May 1. Read More
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How the SBA’s new round of PPP loans works
It started with community financial institutions The U.S. Small Business Administration (SBA) and U.S. Treasury Department on Jan. 11 reopened the loan portal for the Paycheck Protection Program (PPP Read More
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Kenefick named regional president of Chemung Canal Trust Company
ELMIRA, N.Y. — Chemung Financial Corp. (NASDAQ: CHMG) recently announced it has named Jeffrey P. Kenefick regional president of its main banking subsidiary, Chemung Canal Trust Company. Read More
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Carrols reports increased total sales for Q4, full-year 2020
SYRACUSE, N.Y. — Carrols Restaurant Group, Inc. (NASDAQ: TAST), the nation’s largest Burger King franchisee, on Tuesday reported increased total restaurant sales during the fourth quarter and for all of 2020. Read More
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SBA opens new round of PPP loan applications, starting with community financial institutions
The U.S. Small Business Administration (SBA), together with the U.S. Treasury Department, on Monday morning reopened the loan portal for the Paycheck Protection Program (PPP), the forgivable-loan initiative seeking to help small companies survive the COVID-19 pandemic’s economic dislocations. Read More
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BPAS’ Kemp named American Academy of Actuaries Social Security Committee chair
UTICA, N.Y. — BPAS recently announced that Amy Kemp, VP of consulting at BPAS Actuarial & Pension Services, has been named chair of the Social Security Committee of the American Academy of Actuaries. Read More
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Cahill becomes Barclay Damon’s first woman managing partner
SYRACUSE — Barclay Damon LLP began 2021 with Connie Cahill as its new managing partner, the first woman to lead the Syracuse–based law firm in its more than 165-year history. Read More
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Brown & Brown moves into new corporate headquarters in Jacksonville, Florida
Brown & Brown, Inc. (NYSE: BRO), the Florida–based parent of Syracuse–based Brown & Brown Empire State, recently announced that it has moved into its new corporate headquarters in Daytona Beach. Read More
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Chemung Canal Trust Company executive DiFabio retires
ELMIRA, N.Y. — Louis DiFabio, executive VP and business client services division manager at Chemung Financial Corporation retired on Dec. 31 after 33 years of service. Read More
Opinion
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New Yorkers Need a Consistent Recovery Plan to Get the State Back on its Feet In the aftermath of COVID-19 lockdowns, New York’s economic-development and reopening plan has been confusing, inconsistent, and has disregarded objective data and legislative cooperation. In every co Read More
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How to Reform the Social Security System With Social Security’s finances in the spotlight these days, especially since COVID-19 devastated the U.S. economy, there is no shortage of ideas for how to reform the Social Security System (SS) to r Read More -
OPINION: New York Needs Leadership, Cooperation to Weather the Storm The New York Assembly recently reconvened to begin the 2021 legislative session. While the halls of the Capitol were dramatically different due to COVID restrictions, we begin our work with a sense of Read More
Business Mentors
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How Younger Workers Can Mentor Older Ones & Move Companies Forward Mentoring usually refers to a manager, executive, or expert ienced employee guiding a younger person in the workplace, helping them acquire knowledge and new skills that foster professional growth. B Read More
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How Health Care Can Embrace a Digital Transformation It desperately needs one The health-care industry would be better equipped to meet its many challenges if it were more willing to embrace a digital transformation it so desperately needs. Health-car Read More
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Businesses were unwilling to change but now they can see 20/20 in 2021 Many business leaders say that change is a good thing, until it is hoisted upon them and they must decide to change or die. I’m a little tired of hearing the term “new normal,” but the economy, the w Read More
People on the Move
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JOSEPH E. ROCCO, III Bowers & Company CPAs, PLLC has named JOSEPH E. ROCCO, III an audit partner in the Syracuse office of the firm. He graduated from Hartwick College with a bachelor’s degree in accounting, with a mi Read More -
The Bonadio Group The Bonadio Group’s Syracuse office has promoted the following in-charge accountants to the role of senior accountant as of Jan. 1: LULU ZHANG, commercial team; BENJAMIN NOVAK, health care tax-exempt Read More
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DANA NICOLETTI Pinckney Hugo Group has hired DANA NICOLETTI as an assistant account manager. Prior to joining Pinckney Hugo, she gained experience in marketing at American Food & Vending Corp. Nicoletti has a ba Read More