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Banks & Credit Unions

Chemung Financial reports Q3 profit increase of 17 percent

ELMIRA, N.Y. — Chemung Financial Corp. (NASDAQ: CHMG), the parent company of Chemung Canal Trust Company, recently reported third-quarter net income of $7.6 million, or $1.61 per share, up nearly 17 percent from $6.5 million, or $1.37 a share, in the year-ago quarter. When adjusted for non-recurring items, Chemung Financial posted quarterly earnings of $1.21

Berkshire Bank’s parent company to pay Q4 dividend of 18 cents on Nov. 30

Berkshire Hills Bancorp, Inc. (NYSE: BHLB) — parent company of Berkshire Bank, which has a large presence in the Mohawk Valley region — recently announced that its board of directors has approved a quarterly cash dividend of 18 cents per common share. The dividend is payable on Nov. 30, to shareholders of record as of

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Tompkins Financial to pay quarterly dividend of 60 cents on Nov. 15

ITHACA, N.Y. — Tompkins Financial Corp. (NYSE: TMP) recently announced that its board of directors has approved payment of a regular quarterly cash dividend of 60 cents a share for the latest quarter.  The dividend is payable on Nov. 15, to common shareholders of record on Nov. 7.  At Tompkins Financial’s current stock price, the

Empower secures naming rights for Amphitheater in $4 million deal

GEDDES, N.Y. — Empower Federal Credit Union (FCU) now has its name on a venue that has hosted several high-profile music concerts in recent years and will again next summer. The credit union’s naming-rights sponsorship for the Amphitheater at Lakeview is a seven-year deal with an average annual value of $575,000, Chris Keller, chief marketing

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