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NBT Q3 earnings slide as company wraps up Salisbury acquisition
NORWICH, N.Y. — NBT Bancorp Inc. (NASDAQ: NBTB), parent company of NBT Bank, N.A., reported a profit decline for the third quarter due to costs related to its acquisition of Salisbury Bancorp, Inc. finalized on Aug. 11. The banking company produced net income of $24.6 million, or 54 cents a share, for the quarter ending […]
KeyBank’s new Ithaca branch consolidates two prior offices
ITHACA, N.Y. — KeyBank (NYSE: KEY) says its new branch office at 604 South Meadow St. in downtown Ithaca is the result of a branch consolidation and will provide customers with better services. KeyBank says it combined its branches located at 300 North Tioga St. and 2315 North Triphammer Road into the one, new office
Generations Bank mourns death of CEO Menzo Case at age 59
SENECA FALLS, N.Y. — Generations Bank in Seneca Falls is remembering Menzo Case, its longtime president and CEO, who died Oct. 13. Case, 59 — was born on Nov. 1, 1963 — according to his obituary on the website of the Coe-Genung Funeral Home in Waterloo. Neither the bank nor the funeral home provided a
Pathfinder to pay Q3 dividend of 9 cents
OSWEGO, N.Y. — Pathfinder Bancorp, Inc. (NASDAQ: PBHC), bank holding company of Pathfinder Bank, announced recently that it has declared a quarterly cash dividend of 9 cents per share on its common stock for the third quarter of this year. The dividend will be payable to all Pathfinder shareholders of record on Oct. 20 and
Solvay Bank announces three new hires
SOLVAY, N.Y. — Solvay Bank recently announced the new hires of Ashley Gozzi, Michael Kinahan, and Dominic Lacorazza. Gozzi has joined the bank as a customer-relations specialist for the customer relations and operations team. She has four years of service experience in the banking industry. Gozzi is an Onondaga Community College graduate and has volunteer
Visions FCU branches pilot wearable closed-captioning device
Its Endicott office is among them ENDWELL, N.Y. — Visions Federal Credit Union (FCU) says it is piloting a device called “Badger” at select locations, including its branch in Endicott. The device is meant to “enhance accessibility of branch services,” Visions FCU said in its Sept. 1 announcement. Endwell–based Visions is
VIEWPOINT: Estate Planning Never Stops
While estate planning is crucial for promoting financial and generational wellness, the majority of American adults don’t have estate-planning documents — like wills, trusts, or health-care directives — in place. It’s common for many of us to avoid this process for a whole host of reasons, including procrastination, the misconception that it is strictly for
Oswego County FCU joining NYCUA’s college scholarship program
OSWEGO, N.Y. — Oswego County Federal Credit Union (OCFCU) announced it is participating in the New York Credit Union Association’s (NYCUA) statewide scholarship program. This initiative offers eligible students a chance to win one of five $500 awards from the credit union in addition to chapter and state awards, per OCFCU’s Oct. 31 announcement. To
Community Bank System’s Q3 profit slips 9 percent
DeWITT, N.Y. — Community Bank System, Inc. (NYSE: CBU) — parent of Community Bank, N.A. — reported net income of $44.1 million, or 82 cents a share, in the third quarter, down 9.4 percent from $48.7 million, or 90 cents per share, in the same quarter a year ago. The earnings dip primarily resulted from
AmeriCU names Wood assistant VP of strategic partnerships
ROME, N.Y. — AmeriCU Credit Union recently promoted Heather Wood to assistant VP of strategic partnerships, a role in which she will build and maintain partnerships that align with the credit union’s strategic goals. Wood brings more than 20 years of experience in the industry to the new role, where she will work with internal
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