Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
Elmira Savings Bank to open new branch in Elmira Heights
ELMIRA — Elmira Savings Bank (NASDAQ: ESBK) will open a new branch office in Elmira Heights later this month. The bank announced Wednesday (Aug. 8)
Greek Peak files for bankruptcy protection
VIRGIL — Greek Peak Mountain Resort is seeking Chapter 11 bankruptcy protection as it continues its search for a lender to replace the shuttered Tennessee
First Niagara swings to loss with HSBC acquisition costs
First Niagara Financial Group, Inc. (NASDAQ: FNFG) posted a loss during the second quarter thanks mainly to the costs associated with its acquisition of HSBC’s
Oneida Financial profit rises 12 percent, led by rising non-banking revenue
ONEIDA — Net income rose 12 percent in the second quarter at Oneida Financial Corp. (NASDAQ: ONFC), driven primarily by rising fee and commission income
Tompkins Financial completes Pennsylvania acquisition
ITHACA — Tompkins Financial Corp. (NYSE Amex: TMP) closed its acquisition of VIST Financial Corp. (NASDAQ: VIST) of Wyomissing, Pa. on Aug. 1 and Tompkins’
Acquiring HSBC branches helps Community Bank build “density”
DeWITT — The addition of 16 HSBC branches across Western, Central, and Northern New York will help Community Bank System, Inc. (NYSE: CBU) grow in
First Niagara absorbs loss on HSBC acquisition costs
After completing four acquisitions in three years and pushing into new geographies, First Niagara Financial Group, Inc. (NASDAQ: FNFG) plans to focus on running the
M&T Q2 profit dips; bank expects no further merger expenses
M&T Bank Corp. (NYSE: MTB) earned $233 million in the second quarter, down 28 percent from the same period in 2011. Last year’s second-quarter results
KeyBank plans to shutter up to 5 percent of its branches
SYRACUSE — KeyBank’s plan to close as much as 5 percent of its nationwide branch network over the next 18 months isn’t likely to hit
Community Bank Q2 profit rises on loan growth
DeWITT — Loan growth helped push profit up more than 17 percent in the second quarter at DeWitt–based Community Bank System, Inc. (NYSE: CBU) Net
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.