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People news: AmeriCU names new manager for Utica financial center
UTICA, N.Y. — AmeriCU Credit Union announced it has appointed Kevin Dzwonkowski as the new financial center manager for the credit union’s Utica location. As
NBT finances housing projects at historic buildings in Utica
UTICA — NBT Bank officials say that many transformative revitalization projects are making their mark on the Mohawk Valley region, and the bank is supporting the developers behind this important work. Two local projects that NBT is financing involve the restoration of historic buildings to provide mixed-use space in convenient downtown Utica locations. These rehabilitated
AmeriCU appoints small-business relationship manager for Mohawk Valley region
ROME, N.Y. — AmeriCU Credit Union has created a new role of small business-relationship manager of the Mohawk Valley to help support the growth and success of local small businesses and has promoted Michael Cook to fill the role. Cook will provide tailored guidance and assistance to help businesses achieve their financial goals. AmeriCU contends
Survey: New York manufacturing activity “held steady” in July
The Empire State Manufacturing Survey general business-conditions index fell 6 points in July to 1.1. The index had climbed 38 points in June to 6.6 after plummeting 43 points in May to -31.8. The general business-conditions index is the monthly gauge on New York’s manufacturing sector. The July reading — based on firms responding to
Cooperative Federal formally opens its relocated branch on Erie Boulevard
SYRACUSE, N.Y. — Cooperative Federal, a credit union founded and headquartered in Syracuse, on July 21 formally opened its relocated office at 1816 Erie Boulevard East in Syracuse. The credit union’s Erie Boulevard location replaced a branch formerly located just under 1 mile away at 723 Westcott St., where Cooperative Federal operated from 1994 through
AmeriCU announces major expansion of membership field
ROME, N.Y. — Big things are happening at AmeriCU Credit Union. The Rome–based credit union began this year with several strategic moves that set the organization up for continued growth, including opening a virtual branch and other innovative technology as well as adding several new positions, including three business-relations managers. “We have experienced considerable organic
SFCU breaks ground on new Cicero branch office
CICERO, N.Y. — Sidney Federal Credit Union (SFCU) recently formally broke ground on its first Syracuse–area branch at 8062 Brewerton Road in Cicero. Construction will begin as soon as the town approves permits, with plans to complete the project by the end of this year or early 2024. Principle Design Engineering, PLLC of Norwich is
Five Star Bank promotes Bader to chief information security officer
WARSAW, N.Y. — Financial Institutions, Inc. (NASDAQ: FISI), parent company of Five Star Bank, on July 24 announced that it has promoted Scott Bader to serve as the bank’s senior VP and chief information security officer (CISO). In his role, Bader will be responsible for the “execution and evolution” of the bank’s information and cybersecurity
Community Bank System leaders prepare for transition
“We’ve built a company that is very diversified and very stable,” incoming President/CEO Dimitar A. Karaivanov says in an interview with CNYBJ. With a significant banking business (Community Bank, N.A.), insurance business (OneGroup NY), benefits business (BPAS), and wealth-management business (Community Bank Wealth Management), “we have all the pieces in place,” he says. Current Community
VIEWPOINT: Key Elements of a Successful Credit-Union Strategy for 2024
Strategy is a big word. It has different meanings for different people. Most credit unions have a strategy, or at least something they refer to as a strategy. Some think of a strategic plan as a document that is produced in a nice binder and goes on a shelf. Others think of a plan with
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