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Tioga State Bank adds Hoyt to commercial- lending team

SPENCER, N.Y. — Tioga State Bank recently announced the addition of Joseph Hoyt to its commercial-lending team. As a small-business lender, Hoyt works with individual businesses to help find financial solutions tailored to specific needs to help those businesses succeed. He is located at the bank’s branch on Fifth Avenue in Owego. Hoyt brings to […]

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Burnout hitting consumer confidence, KeyBank survey finds

The KeyBank 2023 Financial Mobility Survey, released Jan. 9, finds Americans are in a “difficult” financial position as 55 percent faced financial challenges over the past year. The finding represents a “substantial” increase from the year prior (37 percent), with more than double the number of respondents saying their biggest financial faux pas involved budgeting issues

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New CFO of Berkshire Bank parent begins his position

David Rosato — who served most recently as CFO of People’s United Financial, Inc., and prior to that as treasurer at Webster Financial Corporation — was set to join Berkshire on Feb. 6, as senior executive VP and CFO. In his new role, Rosato will serve as Boston–based Berkshire Hills Bancorp’s top financial leader. He

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Visions FCU plans to build a new branch office in Oneonta

ONEONTA, N.Y. — Visions Federal Credit Union (FCU) says construction will start soon on its first branch in Oneonta.  The new office will be located in the WellNow Plaza at 5001 State Highway 23, Visions said in its Jan. 30 announcement. The new office will allow individuals and businesses to conduct banking services, apply for

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Visions donates $50K to American Foundation for Suicide Prevention

ENDWELL, N.Y. — Visions Federal Credit Union says it has donated $50,000 to the American Foundation for Suicide Prevention (AFSP) as part of “The Big Give” of 2022.  Created by Visions in 2021, “The Big Give” is an annual initiative to make an “outstanding” charitable contribution to organizations performing community service within Visions’ three-state footprint,

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Syracuse Fire Department Employees FCU names new CEO

SYRACUSE, N.Y. — The board of directors of the Syracuse Fire Department Employees Federal Credit Union (SFDEFCU) announced it has promoted Roxane Bowering to be the credit union’s next CEO. “After an extensive search, the Board of Directors is pleased to announce the appointment of Ms. Bowering to this position. She brings a wealth of

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Pathfinder Bank appoints Fulton branch manager

FULTON, N.Y. — Pathfinder Bank says it has promoted Jennifer Kaljeskie to assistant VP, branch manager of its Fulton office, located at 5 W. First St. S. Kaljeskie joined Pathfinder Bank in 2020 as the assistant branch manager of the bank’s Central Square location. In her new role, Kaljeskie will be responsible for developing retail

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Generations Bank promotes Humphreys to assistant VP

SENECA FALLS, N.Y. — Generations Bank announced it has promoted Jenny Humphreys to assistant vice president (AVP), in addition to her role as market manager of Seneca County.  Humphreys will continue to manage two Generations Bank retail offices in Seneca County, including the flagship branch in Seneca Falls and the office on North Road in

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OPINION: A Lawmaker’s Impossible Task

I don’t remember when it first occurred to me after arriving in Washington, D.C. many years ago that at its heart, being a member of Congress meant never being entirely satisfied. And that this state of affairs is baked into our form of government. But despite moments of immense fulfillment, it remained a central tension

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OPINION: It’s now or never for Congress to cut spending

Discretionary spending has risen by nearly $357 billion — a 26 percent jump to $1.7 trillion — since fiscal year 2019, according to data compiled by the White House Office of Management and Budget (OMB). This was in response to the COVID pandemic in 2020 and increases in transportation and defense spending.  This includes a $90

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