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Excellus net income declined 43 percent to $97 million in pandemic-impacted 2020
ROCHESTER, N.Y. — Excellus BlueCross BlueShield, Central New York’s largest health insurer, reported net income of $97.2 million on $6.2 billion in premium revenue in

Cuomo adds hotel workers to list of vaccine-eligible
ALBANY, N.Y. — Gov. Andrew Cuomo on Friday announced expanded eligibility for COVID-19 vaccines to hotel workers. The governor is giving local governments the flexibility

Crouse Health to use $125,000 grant for addiction-treatment services
SYRACUSE, N.Y. — Crouse Health announced it has received a $125,000 grant to help support and expand services for people needing treatment for substance-use disorders.

City of Syracuse awards $350,000 in COVID-19 relief grants to Syracuse small businesses
SYRACUSE, N.Y. — Nearly 40 Syracuse small businesses and organizations will benefit from COVID-19 relief grants totaling $350,000. The Syracuse Economic Development Corporation (SEDCO) awarded

What channel is the Syracuse basketball game on at Georgia Tech?
ATLANTA, Ga. — Syracuse basketball (13-7, 7-6 ACC) tries to reignite its faint NCAA Tournament hopes when the Orange visit the Georgia Tech Yellow Jackets

Lockheed Martin’s suburban Syracuse plant awarded $10M Navy contract modification
SALI NA — Lockheed Martin Corp.’s (NYSE: LMT) plant in the town of Salina has been awarded a $10 million contract modification for the design, prototyping, and qualification testing for the AN/BLQ-10 Electronic Warfare System Technology Insertion (TI)-20 and TI-22 for the U.S. Navy. Work will be performed in the Salina facility and is expected
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SALI NA — Lockheed Martin Corp.’s (NYSE: LMT) plant in the town of Salina has been awarded a $10 million contract modification for the design, prototyping, and qualification testing for the AN/BLQ-10 Electronic Warfare System Technology Insertion (TI)-20 and TI-22 for the U.S. Navy.
Work will be performed in the Salina facility and is expected to be completed by February 2022, according to a Jan. 19 U.S. Department of Defense contract announcement. Fiscal 2021 research, development, testing, and evaluation funding from the Navy of $10 million will be obligated at time of award and will not expire at the end of the current fiscal year. The Naval Sea Systems Command in Washington, D.C. was the contracting authority on this pact.

Cazenovia College adds Serbun and Jones to board
CAZENOVIA — Cazenovia College announced that two Syracuse businessmen, Joseph F. Serbun and Marc Jones, have recently joined its board of trustees. Serbun is executive VP and chief banking officer at Community Bank, N.A. The 35-year banking-industry veteran has been with Community Bank since 2008 and previously spent 23 years in senior management positions at
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CAZENOVIA — Cazenovia College announced that two Syracuse businessmen, Joseph F. Serbun and Marc Jones, have recently joined its board of trustees.
Serbun is executive VP and chief banking officer at Community Bank, N.A. The 35-year banking-industry veteran has been with Community Bank since 2008 and previously spent 23 years in senior management positions at Partners Trust Bank and J.P. Morgan Chase Bank.
A lifelong resident of the Syracuse area, Serbun earned a bachelor’s degree in economics from SUNY Oneonta. He has been active in a number of community organizations, including 20-plus years as chairman of the loan committee for the Greater Syracuse Business Development Corporation.
Jones is the “visionary” and principal behind Dreissig Apparel Inc. and Fan Hands LLC, the college said. He was born and raised in Syracuse and graduated from Christian Brothers Academy as an all-state and all-Northeast U.S. running back his senior year. Jones played football at the University of Tennessee, where in 1991, he graduated with a degree in psychology.
Jones next played professionally in the German Football League. In 1999, he founded his business, Dreissig Athletic. The company designs and manufacturers Jones’ own brand of athletic apparel. In 2007, he also invented a novelty product called Fan Hands, which is designed to enhance the sound of the clap for sports fans when they attend sporting events.

Elmira Savings Bank to pay quarterly dividend of 15 cents a share on March 12
ELMIRA, N.Y. — The board of directors of Elmira Savings Bank (NASDAQ: ESBK) has declared a quarterly cash dividend of 15 cents a share on its common stock. The Elmira–based banking company will pay the dividend on March 12 to shareholders of record on March 4. Elmira Savings Bank, with $649 million in total assets,
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ELMIRA, N.Y. — The board of directors of Elmira Savings Bank (NASDAQ: ESBK) has declared a quarterly cash dividend of 15 cents a share on its common stock.
The Elmira–based banking company will pay the dividend on March 12 to shareholders of record on March 4.
Elmira Savings Bank, with $649 million in total assets, is a state-chartered bank with five branches in Chemung County, three in Tompkins County, two in Steuben County, one branch each in Cayuga County and Schuyler County, and a loan center in Broome County.
Elmira Savings Bank recently reported net income of more than $1.28 million, or 37 cents per share, in the fourth quarter of 2020, up from $940,000, or 27 cents a share, in the same period in 2019. A rise in noninterest income primarily due to increases in the gain on sale of loans, reflecting higher levels of residential mortgages originated for sale to the secondary markets, led the way to the higher profit.
Thomas M. Carr is president and CEO of Elmira Savings Bank.

Northrop Grumman to pay quarterly dividend in mid-March
The board of directors of Northrop Grumman Corp. (NYSE: NOC) recently declared a quarterly dividend of $1.45 per share on the company’s common stock. The Falls Church, Virginia–based defense contractor, which has a facility in Rome, will pay the dividend on March 17. Shareholders of record as of the close of business on March 1
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The board of directors of Northrop Grumman Corp. (NYSE: NOC) recently declared a quarterly dividend of $1.45 per share on the company’s common stock.
The Falls Church, Virginia–based defense contractor, which has a facility in Rome, will pay the dividend on March 17. Shareholders of record as of the close of business on March 1 will receive the payment.
At the company’s current stock price, the dividend yields about 1.95 percent on an annual basis.
Northrop Grumman is a space, aeronautics, defense, and cyberspace company with 97,000 employees globally. It has a local site at the Griffiss Business and Technology Park.

New SUNY program seeks to help EOP students get into its medical schools
SYRACUSE, N.Y. — SUNY wants to help more of its educational opportunity program (EOP) students pursue degrees in its medical schools. EOP serves New York’s “disadvantaged students from underserved communities” and seeks to help them “gain access and succeed” in undergraduate programs. SUNY Chancellor Jim Malatras announced the pre-med opportunity program (Pre-OP) initiative during a
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SYRACUSE, N.Y. — SUNY wants to help more of its educational opportunity program (EOP) students pursue degrees in its medical schools.
EOP serves New York’s “disadvantaged students from underserved communities” and seeks to help them “gain access and succeed” in undergraduate programs.
SUNY Chancellor Jim Malatras announced the pre-med opportunity program (Pre-OP) initiative during a Feb. 18 visit to Upstate Medical University in Syracuse. Pre-OP is part of the Chancellor’s SUNY for All initiative.
Building from SUNY’s EOP along with the medical-pathway programs at SUNY’s Upstate Medical University, University at Buffalo, Downstate Health Sciences University, and Stony Brook University, the SUNY for All Pre-OP will provide academic support, mentorship, clinical exposure, assistance with medical college admission test (MCAT) preparation, academic coaching, and workshops.
The SUNY Pre-OP is set to begin this summer with 25 students, which would be expanded based on initial results and further funding. To be considered for the program, candidates must be a SUNY EOP sophomore or junior on a pre-medical track, have a grade point average of 3.2 or higher, and have successfully completed two semesters of general chemistry and two semesters of biology.
Malatras will convene a group made up of system administration and the SUNY medical schools to lead in designing the program to ensure compliance with the Liaison Committee on Medical Education accrediting body and to help select the students for Pre-OP.
A final plan for the SUNY for All pre-med OP will be provided to Malatras by June before the first Summer 2021 class.
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