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Banks & Credit Unions
Elmira Savings to buy Empower branch office
ELMIRA — Elmira Savings Bank will open a new branch in Big Flats. Elmira Savings entered into an agreement with Empower Federal Credit Union to purchase its building at 971 County Route 64, according to a news release. Financial terms of the deal were not disclosed. “We are excited about securing a branch location in […]
Community Bank to pick up 19 First Niagara, HSBC branches
DeWITT — Community Bank System, Inc. (NYSE: CBU) of DeWitt announced plans today to acquire 19 HSBC and First Niagara branches later this year for
First Niagara plans sale of HSBC branches to KeyBank
Cleveland–based KeyBank will acquire 37 HSBC branches in the Buffalo and Rochester areas later this year for a deposit premium of $110 million. The locations
Income rises at Elmira Savings
ELMIRA — Net income rose just over 4 percent in 2011 at Elmira Savings Bank (NASDAQ CM: ESBK), which released its fourth-quarter and year-end financial
M&T Bank Corp. (NYSE: MTB) earned $148 million in the fourth quarter, down from $204 million a year earlier. Earnings per share in the period totaled
Elmira Savings to buy Empower branch
ELMIRA — Elmira Savings Bank will open a new branch in a Big Flats. Elmira entered into an agreement with Empower Federal Credit Union to
Community Bank CEO gets new three-year contract, pay raise
DeWITT — The top executive of DeWitt–based Community Bank has a new three-year employment contract, according to a filing with the U.S. Securities and Exchange Commission (SEC). The new deal, which pays Community Bank President and CEO Mark Tryniski a base salary of $620,000, took effect Jan. 1 and expires Dec. 31, 2014. Tryniski’s previous
CEO signs new contract at Community Bank
DeWITT — The president and CEO of DeWitt–based Community Bank has a new three-year employment contract, according to a filing with the Securities and Exchange
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