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Solvay Bank’s Q2 profit jumps more than 15 percent

Solvay Bank’s new branch office in the village of Baldwinsville, which opened in the second quarter. It is the bank’s 10th branch and fourth “smart office,” designed to integrate some of the latest banking technology tools with traditional banking services.

SOLVAY — Solvay Bank Corp., the holding company for Solvay Bank, recently reported record net income of $4.2 million in this year’s second quarter. That’s up by $559,000 or 15.5 percent, over the year-ago period.  The banking company declared a cash dividend of 33 cents per share on its common stock, up 3.1 percent from […]

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SOLVAY — Solvay Bank Corp., the holding company for Solvay Bank, recently reported record net income of $4.2 million in this year’s second quarter. That’s up by $559,000 or 15.5 percent, over the year-ago period.  The banking company declared a cash dividend of 33 cents per share on its common stock, up 3.1 percent from […]

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