Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
NBT commercial banking president trumpets small-biz lending
NORWICH — An executive in charge of commercial banking at NBT Bank wants small-business owners to know financing is available to help them expand. “One of the frustrating things that’s been in the press as of late is banks aren’t lending money,” says Jeffrey Levy, NBT’s president of commercial banking. “We are all — not […]
Report: New York credit unions generate strong growth
New York state’s credit unions generated growth in assets, shares, members, and loans in the third quarter that exceeded national averages, according to a new
Chemung Financial announces stock buyback program
ELMIRA — Chemung Financial Corp. (NASDAQ: CHMG) announced Wednesday that its board of directors has approved a plan under which it may repurchase up to
Berkshire president and CEO elected chairman
Berkshire Hills Bancorp, Inc. (NYSE: BHLB) President and CEO Michael Daly will become chairman of the Pittsfield, Mass.–based banking company on Jan. 1. Berkshire Hills’
Oneida Financial to acquire insurance agency in Schenectady
ONEIDA — Oneida Financial Corp. (NASDAQ: ONFC), parent of Oneida Savings Bank, announced today that it has agreed to acquire McMahon, Fenaroli and White, Inc.,
First Niagara names chief banking officer
First Niagara Financial Group, Inc. (NASDAQ: FNFG) has promoted Daniel Cantara to the position of senior executive vice president and chief banking officer. Cantara has
MVP promotes exec to take over for retiring CEO
SCHENECTADY — MVP Health Care filled the shoes of its retiring president and CEO, David Oliker, with its president of operations. The Schenectady–based health insurer’s
Tioga State Bank: Passing the baton and navigating its own path
SPENCER — Tioga State Bank (TSB) traces its roots to 1864. General Ulysses S. Grant had just bottled up General Robert E. Lee’s Army of
First Niagara Financial Group, Inc. (NASDAQ: FNFG) has a new chief marketing officer. The Buffalo–based banking company announced Avi Patel’s promotion to the post today.
Eleven Beacon Federal jobs lost following acquisition
Berkshire Hills Bancorp (NYSE: BHLB) cut 11 jobs following its acquisition of DeWitt–based Beacon Federal Bancorp in October. Beacon Federal had about 130 employees before
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.