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Adam Rombel
PGA Championship packs an economic punch
PITTSFORD — When the world’s best golfers take to Oak Hill Country Club Aug. 5-11 for the 95th PGA Championship, they’ll be doing more than
Community Bank announces Pa. branch acquisition, Q2 earnings
DeWITT — Community Bank System, Inc. (NYSE: CBU) announced July 24 that it has agreed to buy eight branches in Northeast Pennsylvania from Bank of
Editor’s note: The Investment Panel feature appears regularly in the Banking & Wealth Management special reports of The Central New York Business Journal, spotlighting area
Berkshire Bank makes major move in Utica–Rome banking market
UTICA — Berkshire Hills Bancorp, Inc. (NYSE: BHLB), parent of Berkshire Bank, is about to become a major player in the Utica–Rome banking market. On
Oneida Financial Q2 net income fall 21 percent on higher costs
ONEIDA — Oneida Financial Corp. (NASDAQ: ONFC) reported that its net income fell 21 percent to $1.5 million in the second quarter from $1.9 million
Pathfinder Bancorp 2nd-quarter profit rises 14 percent
OSWEGO — Pathfinder Bancorp, Inc. (NASDAQ: PBHC), the holding company for Pathfinder Bank, reported net income of $823,000 in the second quarter, up 14 percent from
Lockheed Martin cuts 114 jobs in Salina, 25 in Owego
SALINA — Defense contractor Lockheed Martin Corp. (NYSE: LMT) Thursday told 114 employees at its Salina plant and 25 workers at its Owego facility that
New York’s initial unemployment claims tumble in latest week
The number of people applying for new unemployment-insurance benefits in New York state in the week ending July 20, fell by 14,966, or 43 percent,
Pathfinder Bancorp Q2 profit rises on gain from sale of loan portfolio
OSWEGO — Pathfinder Bancorp, Inc. (NASDAQ: PBHC), the holding company for Pathfinder Bank, reported net income of $823,000 in the second quarter, up 14 percent from
Chemung Financial Q2 profit rises almost 9 percent
ELMIRA — Chemung Financial Corp. (NASDAQ: CHMG), the parent company of Chemung Canal Trust Company, reported that its second-quarter net income rose nearly 9 percent