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Cybersecurity Awareness Month: Partner with your bank to prevent account takeover
Cyber attacks against small businesses are growing increasingly sophisticated. Criminals use spoofed emails, malicious software, and online social networks to obtain login credentials to businesses’ accounts, transfer funds from the accounts, and steal private information, a fraud referred to as “corporate account takeover.” To combat this type of fraud, the American Bankers Association is providing […]
ABA survey: popularity of mobile banking continues to climb
The popularity of mobile banking continues to grow, according to a recent survey by the American Bankers Association (ABA). The survey of 1,000 U.S. adults revealed that while the Internet remains the most popular banking method, mobile banking has eclipsed the popularity of the telephone and U.S. mail and is now preferred by 8 percent of
Elmira Savings Bank’s expansion into Broome County was “next logical step,” Carr says
VESTAL — Elmira Savings Bank (NASDAQ: ESBK) recently established a physical presence in Broome County by opening an office in Vestal that focuses on making residential mortgage loans. The limited-service, loan-production office, located at 3439 Vestal Parkway E. in Vestal, opened on Sept. 3. “We just looked at that Binghamton market as the next logical
Chemung Canal Trust names Krebs new CFO
ELMIRA — Chemung Canal Trust Co. announced Oct. 17 that Karl F. Krebs has joined the bank’s management team as chief financial officer and treasurer. He was also appointed CFO and treasurer of parent company Chemung Financial Corp. (NASDAQ: CHMG). Krebs, who has more than 30 years of banking experience, began his career in 1982
Solvay Bank announces new branch, unveils renovated downtown office
SOLVAY — Solvay Bank recently unveiled renovations that turned its downtown Syracuse location into a “smart branch” and will soon break ground on new branch location in DeWitt. “A few years ago, we developed a concept called a smart branch,” says Paul Mello, president and CEO of Solvay Bank. A smart branch is one that
NBT Bancorp reports higher Q3 profit, increases cash dividend
NORWICH — NBT Bancorp, Inc. (NASDAQ: NBTB) on Monday reported net income of more than $19 million, or 44 cents per diluted share, in the
Chemung Financial profit slips in Q3
ELMIRA — Chemung Financial Corporation (NASDAQ: CHMG), the parent company of Chemung Canal Trust Company, on Monday announced net income of $2.2 million, or 47 cents
Berkshire Bank Q3 profit falls
Berkshire Hills Bancorp, Inc. (NYSE: BHLB) earned more than $10 million in the third quarter, down from the more than $11 million earned in the
Oneida Financial posts higher Q3 net income
ONEIDA — Oneida Financial Corp. (NASDAQ: ONFC), the parent company of Oneida Savings Bank, on Friday announced net income of $1 million, or 15 cents
Elmira Savings Bank net income dips 2 percent in 3rd quarter
ELMIRA — Elmira Savings Bank (NASDAQ: ESBK) reported that its third-quarter net income slipped 2 percent to $1.37 million from just under $1.4 million a
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