Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
Pathfinder hires Hamer to develop commercial-banking business in the Mohawk Valley
OSWEGO, N.Y. — James M. Hamer, an experienced Mohawk Valley commercial banker, has been named business-development specialist at Pathfinder Bank. Hamer’s main responsibilities will include
40 under FORTY awards event draws crowd of 400
SYRACUSE, N.Y. — More than 400 people attended the 40 under FORTY awards luncheon on Thursday at the Oncenter in Syracuse, spotlighting 40 young professionals
Community Bank to complete acquisition of Oneida Financial on Dec. 4
DeWITT, N.Y. — Community Bank System (NYSE:CBU) has set Dec. 4 as the closing date for its acquisition of Oneida Financial Corp. (NASDAQ: ONFC). The
Chemung Financial declares latest quarterly dividend of 26 cents
ELMIRA, N.Y. — Chemung Financial Corp. (NASDAQ: CHMG), parent company of Chemung Canal Trust Company, announced that its board of directors has approved a quarterly
UnitedHealthcare warns it may stop offering insurance on Obamacare exchanges
UnitedHealth Group (NYSE: UNH) — parent company of UnitedHealthcare, the nation’s largest health insurer — today warned it may stop selling its individual insurance plans
Tompkins Financial boosts quarterly dividend by 5 percent
ITHACA, N.Y. — Tompkins Financial Corp. (NYSE: TMP) announced that its board of directors has increased its regular quarterly cash dividend to 44 cents per
Chemung Financial posts Q3 profit of nearly $2.5 million
ELMIRA, N.Y. — Chemung Financial Corp. (NASDAQ: CHMG), parent company of Chemung Canal Trust Company, reported net income of $2.45 million, or 52 cents a
M&T Bank declares quarterly dividend of 70 cents a share
BUFFALO, N.Y — M&T Bank Corp. (NYSE: MTB), Central New York’s largest bank ranked by deposit market share, has declared a quarterly cash dividend of
JPMorgan Chase earnings miss analysts’ estimates, stock falls
JPM Morgan Chase & Co. (NYSE: JPM), the largest U.S. bank, reported a profit of $6.8 billion in the third quarter, up 22 percent from
M&T gets New York State approval for Hudson City acquisition
BUFFALO, N.Y — M&T Bank Corp. (NYSE: MTB) today cleared the final hurdle for completing its long-delayed acquisition of Hudson City Bancorp, Inc. (NASDAQ: HCBK)