Get our email updates

Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.

Advertisement
Advertisement

AmeriCU CEO says the credit union remains financially strong

ROME, N.Y. — Rome–based AmeriCU Credit Union “remains financially strong and well-capitalized.” That’s part of the message that Ronald Belle, president and CEO of AmeriCU, delivered to the credit union’s annual membership meeting held March 13. John Stevenson, chairman of the AmeriCU board of directors, also addressed the current membership on the credit union’s financial […]

Already an Subcriber? Log in

Get Instant Access to This Article

Become a Central New York Business Journal subscriber and get immediate access to all of our subscriber-only content and much more.

Berkshire Bank parent’s Q1 net income rises 37 percent

Berkshire Hills Bancorp (NYSE:BHLB) — the parent company of Berkshire Bank, which has a major presence in the Mohawk Valley — reported first-quarter net income of $27.6 million, or 63 cents a share, up nearly 37 percent from $20.2 million, or 42 cents, in the year-ago quarter.  While the results matched those forecast by Zacks

Already an Subcriber? Log in

Get Instant Access to This Article

Become a Central New York Business Journal subscriber and get immediate access to all of our subscriber-only content and much more.

Visions FCU opens newly rebuilt branch in Tioga County

NEWARK VALLEY, N.Y. — The newly reconstructed branch office of Visions Federal Credit Union (FCU) in Newark Valley in Tioga County is now open. The branch opening concludes a year-long project to tear down and rebuild the structure at 7198 State Route 38, Visions FCU said in its April 5 announcement. The new office includes

Already an Subcriber? Log in

Get Instant Access to This Article

Become a Central New York Business Journal subscriber and get immediate access to all of our subscriber-only content and much more.

Pacos joins Five Star Bank, parent company as chief risk officer

WARSAW, N.Y. — Financial Institutions, Inc. (NASDAQ: FISI), parent company of Five Star Bank, recently announced that it has added Gary Pacos as chief risk officer.  In his role, Pacos is responsible for all aspects of the organization’s risk-management function including identifying, measuring, monitoring, and managing risk throughout the company. Pacos arrived at Five Star

Already an Subcriber? Log in

Get Instant Access to This Article

Become a Central New York Business Journal subscriber and get immediate access to all of our subscriber-only content and much more.

Advertisement

NBT Bancorp’s first-quarter earnings dip 14 percent

NORWICH, N.Y. — NBT Bancorp, Inc. (NASDAQ: NBTB) reported net income of $33.7 million, or 78 cents per share, in the first quarter of 2023, down nearly 14 percent from $39.1 million, or 90 cents, in the year-ago quarter due to securities losses and acquisition expenses. “NBT’s first-quarter results reflect the strength of our balance

Already an Subcriber? Log in

Get Instant Access to This Article

Become a Central New York Business Journal subscriber and get immediate access to all of our subscriber-only content and much more.

Oswego County FCU donating $25K to selected nonprofits

OSWEGO — Oswego County Federal Credit Union (FCU) says it’s donating a total of $25,000 to a variety of area nonprofit organizations. The effort started in April and will continue throughout May, per its April 11 announcement. Now in its second year, the credit union developed this initiative to increase “employee involvement and presence” within

Already an Subcriber? Log in

Get Instant Access to This Article

Become a Central New York Business Journal subscriber and get immediate access to all of our subscriber-only content and much more.

AmeriCU investment team wins industry award

ROME, N.Y. — AmeriCU Credit Union’s investment team recently received the 2022 Perspective Program Award of Excellence from the Credit Union National Association (CUNA) Mutual Group. CUNA Mutual Group is a mutual-insurance company that provides financial services to cooperatives, credit unions, and their members. A selection committee used information from sales leaders, managers, and CUNA

Already an Subcriber? Log in

Get Instant Access to This Article

Become a Central New York Business Journal subscriber and get immediate access to all of our subscriber-only content and much more.

Citizens Business Conditions Index bounces back in Q1

The national Citizens Business Conditions Index (CBCI) rose to 53.9 in the first quarter, “reflecting continued strength in the labor market, more new business openings and positive corporate revenue trends.”  The CBCI had dipped below 50 during the fourth quarter of last year and the bounce-back during the first quarter “signaled a return to positive

Already an Subcriber? Log in

Get Instant Access to This Article

Become a Central New York Business Journal subscriber and get immediate access to all of our subscriber-only content and much more.

OPINION: Criminal-Justice Reform Must Fix N.Y.’s ‘Career Criminal’ Issue

New York state continues to lag the nation in job recovery but creating the new profession of “career criminal” is not the answer. Crime across the state, and particularly in New York City, has become completely entrenched in our daily lives. While the Assembly Minority Conference continues to push our counterparts and Gov. Kathy Hochul

Already an Subcriber? Log in

Get Instant Access to This Article

Become a Central New York Business Journal subscriber and get immediate access to all of our subscriber-only content and much more.

OPINION: Balance the Federal Budget? Sure, But It’s Tougher Than You Think

There is a lot of discussion in Washington, D.C.  these days on what to do about the federal deficit. It continues to grow, and House Republicans in particular have made addressing it a key part of their agenda. Early on, the House Speaker, Kevin McCarthy, told his caucus that it would get a chance to

Already an Subcriber? Log in

Get Instant Access to This Article

Become a Central New York Business Journal subscriber and get immediate access to all of our subscriber-only content and much more.

Get our email updates

Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.