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New downtown hotels name general manager
SYRACUSE — The new hotel complex in downtown Syracuse’s Armory Square has a general manager. Partners of The Inns at Armory Square, LLC named James
SEFCU head named to Fed council
Michael Castellana, the CEO of Albany–based SEFCU, a credit union with branches in the Syracuse and Binghamton areas, is the new chairman of the Federal
Tompkins Trust Co. names new VP
ITHACA — Tompkins Trust Co. has a new vice president of commercial banking. Michelle Mittelman will focus on business financing in the Ithaca and Central
Latest earnings increase at Solvay Bank Corp.
SOLVAY — Third-quarter profit rose 4 percent at Solvay Bank Corp. from a year earlier to $1.6 million. The bank had total assets of $655.8
Credit unions move toward video teller machines
Technology is pushing banks and credit unions into new territory, including the use of video teller machines. In a legal opinion, the National Credit Union
Bonadio Group enters the Mohawk Valley market
NEW HARTFORD — The Bonadio Group is adding to its Central New York presence once again, this time with the acquisition of an accounting firm
Community Bank profit falls on acquisition costs
DeWITT — Third-quarter profit slipped 8 percent at DeWitt–based Community Bank System, Inc. (NYSE: CBU) to $18.4 million, or 46 cents a share. Acquisition costs
First Niagara job cuts mostly spare Central New York
Job cuts announced in October at First Niagara Financial Group, Inc. (NASDAQ: FNFG) eliminated just a few positions in Central New York. The Buffalo–based banking
KeyCorp continues cost-cutting efforts
KeyCorp (NYSE: KEY) remains on track to cut $150 million to $200 million in annual expenses by December 2013. The Cleveland–based banking company’s plans include
HSBC names new new head of corporate banking for Upstate
HSBC’s remaining businesses in upstate New York lost a major signpost when the bank sold its retail branch network in the region earlier this year.