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AmeriCU Credit Union prepares to open relocated North Utica branch
UTICA, N.Y. — AmeriCU Credit Union is relocating its North Utica location from the Aspen Dental Plaza on North Genesee St. to 401 Herkimer Road
New York manufacturing index plummets back into negative territory in March
The Empire State Manufacturing Survey general business conditions index fell 26 points to -20 in March. In the past couple months, the index rose 18
Additional Syracuse airport tenants moving to cashless operations
SYRACUSE, N.Y. — More tenants at Syracuse Hancock International Airport (SYR) are transitioning to cashless operations in the coming months. Beginning April 7, restaurants operated
Community Financial names new CFO
DeWITT, N.Y. — Community Financial System, Inc. (NYSE: CBU), and its banking subsidiary, Community Bank, N.A., have appointed Marya Burgio Wlos as executive VP and chief financial officer (CFO) of both entities, effective March 31. Wlos will succeed Joseph E. Sutaris, who is retiring from the role. He will remain with the company and the
SYRACUSE, N.Y. — Community Bank, N.A. says it has donated $10,000 to the Women Igniting the Spirit of Entrepreneurship (WISE) Women’s Business Center at the
Binghamton arena rebounds with support from credit union
Visions FCU begins fifth year as naming sponsor ENDWELL, N.Y. — Visions Federal Credit Union (FCU) recently began its fifth year as a naming sponsor of the Visions Veterans Memorial Arena in Binghamton. With support from Visions, the venue has overcome challenges brought by the pandemic and now enjoys increased attendance and community engagement, the
Lyons Bancorp’s earnings decline 11 percent in 2024
LYONS — Lyons Bancorp, Inc. (ticker: LYBC), the financial holding company of the Lyons National Bank (LNB), recently reported earnings of $15.5 million for 2024, down nearly 11 percent from its record earnings of $17.4 million the prior year. The banking company said that on a per-share basis, its earnings per share were $4.38 last
Pathfinder Bancorp Q4 profit rises more than 70 percent
OSWEGO — Pathfinder Bancorp, Inc. (NASDAQ: PBHC), the bank holding company of Pathfinder Bank, reported net income of $4.3 million, or 69 cents per share, in the fourth quarter, up 72 percent from $2.5 million or 41 cents, in the fourth quarter of 2023. The latest quarterly results included a benefit of about $1.4 million
KeyBank parent company names new new chief risk officer
Mohit (Mo) Ramani is the new chief risk officer (CRO) at KeyCorp (NYSE: KEY) — parent company of KeyBank, the No. 2 bank ranked by deposit market share in the 16-county Central New York region. He started in the CRO position on Jan. 23, the banking company announced. Ramani joins Key from Truist Financial Corporation,
Five Star Bank parent company boosts quarterly dividend by 3%
WARSAW, N.Y. — Financial Institutions, Inc. (NASDAQ: FISI), parent company of Five Star Bank, recently announced that its board of directors has approved a quarterly cash dividend of 31 cents per share of its common stock outstanding. That’s up by 3.3 percent from the 30 cents a share that the banking company paid last quarter.
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