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Chemung Financial nearly doubles net income in Q2
ELMIRA — Chemung Financial Corp. (NASDAQ: CHMG) reported that its net income nearly doubled to $3 million, or 62 cents a share, in the second quarter, from $1.6 million, or 34 cents in the year-ago period. Chemung Financial, parent company of Chemung Canal Trust Company, said it continues to see “solid growth” in revenues, earnings, […]
Pathfinder Bancorp increases quarterly dividend
Pathfinder Bank, recently declared a quarterly cash dividend of 5.25 cents per share on its common stock for the fiscal quarter ending June 30. That’s
People news: Generations Bank promotes Winn
SENECA FALLS, N.Y. — Generations Bank announced it has promoted Kenneth Winn to senior VP and director of credit administration. Winn joined the organization as
KeyBank closes acquisition of HelloWallet from Morningstar
KeyCorp (NYSE: KEY), parent of KeyBank, announced on July 3 that it has completed its acquisition of HelloWallet, a personal-finance software platform, from Morningstar, Inc.
People news: Bank of America names Adams market president for Rochester
ROCHESTER, N.Y. — Bank of America on Tuesday announced that Jeff Adams will succeed John Pitton as its Rochester market president, effective July 1. After
People news: NBT Bank promotes Spilka to VP
SYRACUSE, N.Y. — NBT Bank announced that it has recently promoted Jonathan Spilka, commercial banking relationship manager, to VP. In this position, Spilka is responsible
Tioga State Bank has promoted Jennifer Brockner to VP of finance. She joined Tioga State Bank in 2002 as a customer-service representative and transferred to the finance department as an accountant II upon completion of her bachelor’s degree in accounting from Binghamton University. Brockner was later promoted to senior accountant/supervisor and finance manager.
Community Bank System declares quarterly dividend of 32 cents
DeWITT — Community Bank System, Inc. (NYSE: CBU) recently declared a quarterly cash dividend of 32 cents per share on its common stock The dividend will be payable on July 10 to shareholders of record as of June 15. It represents an annualized yield of nearly 2.4 percent, based on the company’s current stock price.
Elmira Savings Bank to pay quarterly dividend of 23 cents in June
ELMIRA, N.Y. — The board of directors of Elmira Savings Bank (NASDAQ: ESBK) has declared a quarterly cash dividend of 23 cents per share of
People news: Five Star Bank names Gadley community development officer
WARSAW, N.Y. — Five Star Bank, a unit of Financial Institutions, Inc. (NASDAQ: FISI), on Monday announced the hiring of Karla J.L. Gadley as senior
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