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Dermody, Burke & Brown, CPAs, LLC recently hired ALYSSA HURLEY as an administrative assistant in its Syracuse office. She works in the retirement plan design & administration services department at the firm and has previous professional service experience in the banking industry. Hurley received her associate degree from Onondaga Community College.
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Dermody, Burke & Brown, CPAs, LLC recently hired ALYSSA HURLEY as an administrative assistant in its Syracuse office. She works in the retirement plan design & administration services department at the firm and has previous professional service experience in the banking industry. Hurley received her associate degree from Onondaga Community College.

Solvay Bank has named JONNA DENNEN-MINER assistant VP and consumer lending manager. She brings 17 years of banking experience to the position. Dennen-Miner previously worked as a systems analyst at NBT Bank, according to her LinkedIn profile. Before that, she served as a compliance specialist at the New York Credit Union Association. Her other prior
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Solvay Bank has named JONNA DENNEN-MINER assistant VP and consumer lending manager. She brings 17 years of banking experience to the position. Dennen-Miner previously worked as a systems analyst at NBT Bank, according to her LinkedIn profile. Before that, she served as a compliance specialist at the New York Credit Union Association. Her other prior positions include stints at Community Bank System, Alliance Bank, and Manpower, Inc.

City of Syracuse Department of Neighborhood and Business Development
Syracuse Mayor Ben Walsh recently announced three appointments in the City of Syracuse Department of Neighborhood and Business Development (NBD). JENNIFER TIFFT has been named deputy commissioner. Reporting to Commissioner Stephanie Pasquale, Tifft will be responsible for the day to day oversight and supervision of the staff of the business development, neighborhood planning, program administration,
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Syracuse Mayor Ben Walsh recently announced three appointments in the City of Syracuse Department of Neighborhood and Business Development (NBD).
JENNIFER TIFFT has been named deputy commissioner. Reporting to Commissioner Stephanie Pasquale, Tifft will be responsible for the day to day oversight and supervision of the staff of the business development, neighborhood planning, program administration, fiscal, and minority affairs divisions. Formerly a senior manager at Deloitte Consulting, she will bring her experience in government strategy and operations to the staff. She has more than 13 years with Deloitte. Tifft recently served as the chief of staff for Deloitte’s future of mobility practice. She is a graduate of Syracuse University with an MPA from the Maxwell School and a J.D. from the College of Law. She is also a certified project management professional (PMP).
ERIC ENNIS has been promoted to director of business development. He has worked with the City of Syracuse in community development roles since 2014. In his new position, he has assumed responsibility for driving business and economic development in the city. Ennis also serves as the executive director of the Syracuse Economic Development Corporation. He is a graduate of Syracuse University with an MPA from the Maxwell School of Citizenship and Public Affairs, and a bachelor’s degree in environmental design from the School of Architecture and Planning from the University at Buffalo.
JUDY DELANEY has been appointed as the new executive director of Syracuse Industrial Development Agency (SIDA). In her previous role at NBD as economic development specialist, she helped businesses seeking to grow with financing options through SIDA and the Syracuse Local Development Corporation. DeLaney has worked for the city to advance economic-development efforts for nearly 19 years. She has also worked in the private sector as a bank manager with expertise in commercial lending.

Bankers Healthcare Group has hired LAUREN KERR as an accounting clerk I. She is a recent graduate of Le Moyne College, with a bachelor’s degree in accounting. Kerr previously worked at Eye Solutions of Syracuse as an ophthalmic scribe and administrative assistant and at Dannible & McKee, LLP as an audit intern.
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Bankers Healthcare Group has hired LAUREN KERR as an accounting clerk I. She is a recent graduate of Le Moyne College, with a bachelor’s degree in accounting. Kerr previously worked at Eye Solutions of Syracuse as an ophthalmic scribe and administrative assistant and at Dannible & McKee, LLP as an audit intern.

Bousquet Holstein PLLC has elected JOSEPH J. PORCELLO as a member of the firm, and PHILIP S. BOUSQUET has been re-elected to serve on the firm’s board of managers. Porcello joined Bousquet Holstein in 2018, after previously having practiced for more than a decade at the Pittsburgh–based law firm, K&L Gates LLP. He is a
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Bousquet Holstein PLLC has elected JOSEPH J. PORCELLO as a member of the firm, and PHILIP S. BOUSQUET has been re-elected to serve on the firm’s board of managers.
Porcello joined Bousquet Holstein in 2018, after previously having practiced for more than a decade at the Pittsburgh–based law firm, K&L Gates LLP. He is a graduate of the University of Pittsburgh School of Law, and earned his bachelor’s degree in political science from James Madison University in Virginia.
Bousquet has been member of Bousquet Holstein since its formation in 2000 and was a principal in its predecessor firm. He leads the firm’s business law and brownfield practice groups, and first served on the firm’s board of managers from 2009 to 2014. Bousquet is a graduate of the Syracuse University College of Law and Syracuse University School of Management. He earned his bachelor’s degree at Kenyon College in Ohio.

Massage Envy of Rochester / Syracuse
Massage Envy of Rochester / Syracuse has hired EMILY WALKER as a wellness consultant in its Fayetteville location; DANIELLE LEWIS as a wellness consultant in the Clay location; and STEPHANIE RICE as a licensed massage therapist in the Fayetteville location.
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Massage Envy of Rochester / Syracuse has hired EMILY WALKER as a wellness consultant in its Fayetteville location; DANIELLE LEWIS as a wellness consultant in the Clay location; and STEPHANIE RICE as a licensed massage therapist in the Fayetteville location.

MADISON DRESCHER has joined the Syracuse University volleyball program as an assistant coach. After a successful playing career with the Oklahoma Sooners, Drescher begins her collegiate coaching career at Syracuse. She first tested the coaching waters in 2016 as the head coach of Oklahoma Elite, a club team based out of Norman, Oklahoma. From 2015-18,
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MADISON DRESCHER has joined the Syracuse University volleyball program as an assistant coach. After a successful playing career with the Oklahoma Sooners, Drescher begins her collegiate coaching career at Syracuse. She first tested the coaching waters in 2016 as the head coach of Oklahoma Elite, a club team based out of Norman, Oklahoma. From 2015-18, she was a letter-winner at Oklahoma, where she earned All-Big XII academic first team honors all four years. As a junior, Drescher was named preseason All-Big XII. A natural leader, Drescher was team captain in each of her final two seasons with the Sooners. A graduate of Southlake Carroll High School in Texas, Drescher was an all-state selection and was named all-district first team as a senior. Off the court, Drescher spent time volunteering in the Norman community and visited Haiti on a mission trip that helped rebuild local villages.

STEPHEN BURT has joined Pelco Component Technologies as operations manager. He will manage the utilization of equipment, facilities, and personnel and plan, schedule, and monitor production in Pelco’s Cazenovia and Mexicali locations. Burt succeeds Dale Henry, director of manufacturing, who has retired after 43 years of service and extensive growth at the company. Burt is
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STEPHEN BURT has joined Pelco Component Technologies as operations manager. He will manage the utilization of equipment, facilities, and personnel and plan, schedule, and monitor production in Pelco’s Cazenovia and Mexicali locations. Burt succeeds Dale Henry, director of manufacturing, who has retired after 43 years of service and extensive growth at the company. Burt is an RIT graduate in electrical engineering, with more than a decade of experience at Central New York manufacturing companies. He previously worked at Marquardt Switches, Inc. North America in Cazenovia for seven years, according to his LinkedIn profile. Burt served as a test lab engineer and later as a process engineer. Before that, he worked at Benchmark Media Systems, Inc. as an engineering technologist.
Northland Communications has hired four new employees and implemented eight internal position transfers. KERI DIAMOND, formerly in the firm’s customer support department, has accepted the provisioning specialist position in the network services department. MAUREEN MCCARTHY TRACY is now the VP of community & connections. She oversees Northland’s Community sponsorship program and works to create connections
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Northland Communications has hired four new employees and implemented eight internal position transfers. KERI DIAMOND, formerly in the firm’s customer support department, has accepted the provisioning specialist position in the network services department. MAUREEN MCCARTHY TRACY is now the VP of community & connections. She oversees Northland’s Community sponsorship program and works to create connections between the firm’s partners in the not-for-profit community, as well as building and expanding relationships in the business community by leveraging the latest technologies through Northland’s fiber network, products, and services. JOHN MACLEAN has been appointed to the new position of technical project coordinator. He has worked at Northland Communications since 1995, starting in the Albany key department. MacLean was a technician for the first seven years and has since been a supervisor of multiple groups within the operations department. GARY DESTEFANIS recently accepted the service supervisor position. He has worked at Northland since 2009 in a variety of positions in the NOC and operations department, with his most recent position being the dispatch & CLEC supervisor within the network services department. KATY NETZBAND, former marketing coordinator, recently accepted the recruitment and training specialist position. She joined Northland last August. BRYON ADAMS recently assumed the role of installation technician. He has worked at Northland in the network operations center (NOC) for more than four years. PETER CANNELLA recently joined the firm as a technical support specialist. Prior to beginning his career at Northland, he worked for Visionworks for 10 years, first coordinating IT in new stores and then to the telecom department where he remotely supported 600 stores. MEGAN CHITTENDEN recently joined Northland as provisioning specialist. She received her bachelor’s degree in architectural business management from SUNY Cobleskill and gained experience working as a finance & accounting specialist for White’s Farm Supply. KEARA CONNERS joined Northland’s marketing team as marketing coordinator. She brings 10 years of combined sales experience in the telecom/tech industry, previously working for both Usherwood Office Technology and Verizon Wireless. Conners earned her bachelor’s degree in public relations from Utica College. JENNIFER MONTALBANO, previously inside sales specialist at Northland, recently accepted a new role as account representative. She will use her inside sales experience, as well as her 20 years of sales and marketing experience, in this new role. KANDY LEE-HAMMON joined Northland’s NOC as network services technician. She brings 18 years of experience, working in data processing at Walmart.

Chemung Financial profit doubles in 2nd quarter
ELMIRA — Chemung Financial Corp. (NASDAQ: CHMG), parent company of Chemung Canal Trust Company, reported that its net income jumped to $5 million, or $1.02 per share, in the second quarter, from $2.5 million, or 52 cents a share, in the year-ago quarter. “We are very pleased to report another quarter of strong earnings for 2019.
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ELMIRA — Chemung Financial Corp. (NASDAQ: CHMG), parent company of Chemung Canal Trust Company, reported that its net income jumped to $5 million, or $1.02 per share, in the second quarter, from $2.5 million, or 52 cents a share, in the year-ago quarter.
“We are very pleased to report another quarter of strong earnings for 2019. Our results are a direct reflection of our focused approach to managing interest rate sensitivity, liquidity, and efficiency while positioning the balance sheet for the remainder of 2019 and into 2020,” Anders M. Tomson, Chemung Financial CEO, said in the banking company’s earnings report. “Our net interest margin remains steady, even though there is downward pressure due to the increasing costs of obtaining deposits. We are looking forward to the benefits of a stronger balance sheet and capital ratios that will provide us with the opportunity to support continued growth.”
Chemung Financial’s net interest income in the latest quarter edged up to $15.1 million from $15 million in the year-prior period.
The banking company’s fully taxable equivalent net interest margin dipped to 3.69 percent in the second quarter from 3.73 percent in the year-ago quarter.
Non-interest income at Chemung Financial declined 4.5 percent in the second quarter to $5.1 million from $5.3 million for the year-earlier period. The decrease was mostly attributed to a fall of about $400,000 in other non-interest income such as swap fees, offset by an increase of about $200,000 in Wealth Management Group fee (WMG) income, such as fees from terminating trusts.
The banking company’s non-interest expense for the latest quarter was $13.8 million, down almost 8 percent from $15 million in the prior-year period.
A decrease of $1 million in legal accruals and settlements, attributed to the settlement agreement in the case of Fane vs. Chemung Canal Trust Company in the second quarter of 2018, was a big factor in the non-interest expense decline. The closure of two branches in 2019 also trimmed some expenses.
Chemung Financial’s income-tax expense in the second quarter was $1.2 million, up from $0.5 million in the year-ago quarter. That increase was due primarily to rise of $3.2 million in income before income-tax expense in the second quarter, compared to the year-earlier quarter. The banking company’s effective income-tax rate increased from 16.1 percent in the second quarter of 2018 to 19.8 percent in this year’s second quarter.
Chemung Financial is a $1.8 billion financial-services holding company headquartered in Elmira, which operates 33 branches through its main subsidiary, Chemung Canal Trust Company, a full-service community bank with trust powers. Established in 1833, Chemung Canal Trust says it is the oldest locally-owned and managed community bank in New York state. Chemung Financial is also the parent of CFS Group, Inc., a financial-services subsidiary offering non-traditional services including mutual funds, annuities, brokerage services, tax-preparation services and insurance, and Chemung Risk Management, Inc., an insurance company based in Nevada.
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