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

Utica Gas & Electric FCU names Brown president and CEO
NEW HARTFORD, N.Y. — Utica Gas & Electric Federal Credit Union (FCU) recently announced Lori Brown as its new president and CEO. She succeeds John

Syracuse University to require booster shots for spring semester
SYRACUSE, N.Y. — Syracuse University (SU) will require all eligible students, faculty and staff who “routinely” use any SU campus location or facility to get

N.Y. lawmaker calls for Malatras removal after SUNY board backs system chancellor
ALBANY, N.Y. — Even after the SUNY board of trustees issued a Friday evening statement backing SUNY Chancellor Jim Malatras, a key New York lawmaker

NUAIR adds two positions to help business growth, advance the region’s drone corridor
SYRACUSE, N.Y. — NUAIR has added two new positions to pursue business growth and advancement of New York’s 50-mile drone corridor between Syracuse and Rome.

Partners launch Syracuse Surge job-training programs
SYRACUSE, N.Y. — The partners involved on Thursday announced the launch of a series of training programs as part of a technology-workforce strategy to help

Walsh announces $1 million in lending programs for Syracuse small businesses
SYRACUSE, N.Y. — The Syracuse Economic Development Corporation (SEDCO) on Friday started accepting applications for a minimum of $1 million as part of the first

2021 CNY Business Journal Family Business Awards honor seven businesses
SYRACUSE, N.Y. — Nearly 100 people gathered for the 2021 CNY Business Journal Family Business Awards on Thursday at the Embassy Suites Destiny in Syracuse.

Hochul signs bills focused on state-agency support of small businesses
New state laws creating a small-business liaison at certain state departments and one requiring New York’s secretary of state to confirm receipt after receiving a

East Syracuse Chevrolet sold to Buffalo-area auto group
DeWITT, N.Y. — A prominent automotive group in the Buffalo area is entering the Syracuse market for the first time with its purchase of East
Five Star Bank parent company to pay Q4 dividend in early January
WARSAW, N.Y. — Financial Institutions, Inc. (NASDAQ: FISI), parent of Five Star Bank, recently announced that its board of directors has approved a quarterly cash dividend of 27 cents per share of its common stock for the fourth quarter. Financial Institutions said it will pay its quarterly dividend on Jan. 3, to shareholders of record
Become a Central New York Business Journal subscriber and get immediate access to all of our subscriber-only content and much more.
Click here to purchase a paywall bypass link for this article.
WARSAW, N.Y. — Financial Institutions, Inc. (NASDAQ: FISI), parent of Five Star Bank, recently announced that its board of directors has approved a quarterly cash dividend of 27 cents per share of its common stock for the fourth quarter.
Financial Institutions said it will pay its quarterly dividend on Jan. 3, to shareholders of record on Dec. 17.
The dividend is the same amount that the banking company paid in each of the prior three quarters but is one cent higher than the payment of 26 cents it made in the year-ago quarter. At the company’s current stock price, the dividend yields about 3.4 percent on an annual basis.
Five Star Bank, based in Warsaw in Wyoming County, has more than 45 branches throughout Western and Central New York. Its CNY branches include offices in Auburn, Seneca Falls, Geneva, Ovid, Horseheads, and Elmira.
Financial Institutions and its subsidiaries employ about 600 people.
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.