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Tompkins Financial’s net income rises 14 percent in Q2
ITHACA — Tompkins Financial Corp. (NYSE: TMP) reported net income of $16.9 million in the second quarter, up 14 percent from $14.8 million in the year-ago quarter. The rise was led by loan growth and increases in net interest income. The Ithaca–based banking company posted net income of $32.6 million through the first six months of […]
Visions rolls out new Financial Resource Center on website
ENDWELL — Visions Federal Credit Union (FCU) announced that it has recently launched a new feature on its website that focuses on financial wellness. The new Financial Resource Center (www.visionsfcu.org/Financial-Resource-Center) seeks to “help members and the community at large make better financial choices,” the credit union said in a news release. The center is organized
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.
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