Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
M&T mid-market survey finds both pessimism and optimism
Many mid-market company leaders continue to feel positive about the prospects for their own businesses, despite ongoing pessimism on the national economy, according to a
New KeyBank branch opens in Manlius
MANLIUS — KeyBank opened a new branch in Manlius this week. The 3,900-square-foot office, at 7670 Highbridge Road, features four teller stations, five private offices,
Berkshire Hills to raise $75 million
Berkshire Hills Bancorp, Inc. plans to raise capital for its pending acquisition of DeWitt–based Beacon Federal Bancorp. Berkshire Hills (NASDAQ: BHLB) entered a subscription agreement
M&T outstrips pledge to ramp up small-business lending
M&T Bank exceeded a promise it made last year to boost small-business lending, it said today. The Buffalo–based bank increased small-business lending by $196 million
Empower begins work on new headquarters in Salina
SALINA — Empower Federal Credit Union began work last month on a new headquarters that will bring together staff members now spread across three offices.
Elmira Savings Bank opens new branch office
ELMIRA HEIGHTS — Elmira Savings Bank (NASDAQ: ESBK) has opened its new branch location at 2075 Lake Road in Elmira Heights. “We are pleased to
Beacon Federal shareholders approve Berkshire Hills deal
DeWITT — Beacon Federal Bancorp, Inc. (NASDAQ: BFED) shareholders voted in favor of their bank being acquired during a special meeting Thursday. The move is
M&T releases new account alerts
M&T Bank is rolling out customizable account alerts to notify customers of items like low or high account balances and large deposits and withdrawals. Customers
Community Bank wraps acquisition of First Niagara locations
DeWITT — Community Bank of DeWitt completed an acquisition of three First Niagara Bank branches in Canandaigua and Geneva. The deal brings $100 million in
Acquisition to help propel M&T growth in NYC area
Although M&T Bank Corp. (NYSE:MTB) has had commercial bankers in the New York City area, it has never had a branch presence there. That’s about
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.