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First Niagara names Harnett to board of directors
BUFFALO, N.Y — The board of directors of First Niagara Financial Group, Inc. (NASDAQ: FNFG) announced that it has appointed Susan S. Harnett to serve
People news: Pass joins M&T Bank’s commercial banking team in Binghamton
BINGHAMTON, N.Y. — Sean M. Pass has joined the commercial banking group at M&T Bank in Binghamton. Pass, who recently entered M&T’s relationship management sales
EFC approves $5M loan for Salina landfill-closure project
The board of directors of the New York State Environmental Facilities Corp. (EFC) has unanimously approved a $5 million, short-term loan that the Town of
SYRACUSE — KeyBank on Dec. 8 announced a partnership that will offer its customers access to surcharge-free ATMs at 593 Rite Aid stores across New York state, including 25 KeyBank-branded machines. Cleveland, Oho–based Key (NYSE: KEY), the number three bank in the 16-county Central New York market ranked by deposit market share, said the partnership
People news: NBT Bancorp promotes Butcher to senior vice president
NORWICH, N.Y. — NBT Bancorp announced it has promoted its director of organizational development, William J. Butcher, to senior vice president. He has 18 years
Dupli acquires PCI Paper Conversions, will move to PCI office in DeWitt
SYRACUSE, N.Y. — Syracuse–based Dupli Envelope & Graphics has announced the acquisition of PCI Paper Conversions, Inc., which is headquartered in DeWitt. The deal did
Pathfinder says success of stock offering confirms its strategy
OSWEGO — In October, Pathfinder Bancorp, Inc. offered more than 2.6 million shares of its common stock for sale at $10 a share as it pursues its business-diversification strategy. The offering was oversubscribed, generating $37.6 million, and signaled that investors approve of the company’s business direction, according to its leader. Proceeds above the $26.4 million maximum
Lawmakers: Defense bill would give Congress more oversight on DFAS workers in Rome
A defense bill under consideration on Capitol Hill includes language that could alleviate the concerns of hundreds of people who work for the Defense Finance
Bank marketing: What happened to the toasters?
The year was 1979. President Jimmy Carter appointed Paul Volcker as chairman of the board of governors for the Federal Reserve System. Volcker’s challenge was to tame the “stagflation” crisis, which he did by raising the federal funds rate from 11 percent in 1979 to 20 percent in 1981. In the same year, the prime
Community Bank System to pay dividend of 30 cents a share
DeWITT, N.Y. —– Community Bank System, Inc. (NYSE: CBU) announced that it has declared a quarterly cash dividend of 30 cents a share on its
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