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Community Bank System CEO, Tryniski, to retire at year’s end
DeWITT, N.Y. — Community Bank System, Inc. (NYSE: CBU) President/CEO Mark E. Tryniski will retire at the end of this year, and Dimitar A. Karaivanov,
Five Star Bank parent company to pay Q2 dividend in early July
WARSAW, N.Y. — Financial Institutions, Inc. (NASDAQ: FISI), parent company of Five Star Bank, recently announced that its board of directors has approved a quarterly cash dividend of 30 cents per common share outstanding. The banking company will pay the second-quarter dividend on July 3, to shareholders of record on June 15. At the banking
Auburn Community Federal Credit Union prepares to open Onondaga County branch
The credit union will announce an opening date and plans for the grand opening soon. ACFCU purchased the 3,100-square-foot former M&T location last November and
Survey: New York state manufacturing activity rises modestly in June
New orders and shipments were again factors as the general business-conditions index of the monthly Empire State Manufacturing Survey bounced back into positive territory in June by climbing 38 points to 6.6. The general business-conditions index is the monthly gauge of New York’s manufacturing sector. It’s been going up and down like a yo-yo the
AmeriCU names Todd to new North Country position
FORT DRUM, N.Y. — AmeriCU Credit Union announced it has appointed Michael Todd as the new small-business relationship manager of the credit union’s North Country
Finance director, CPA joins Generations Bancorp NY board
SENECA FALLS, N.Y. — Generations Bancorp NY, Inc., the holding company for Generations Bank, recently added Alicia Pender to its board of directors The addition of Pender, effective May, 18, came after the retirement of Dr. August P. Sinicropi from the board in May after his 30 years of service. Pender is the director of
Community Bank System to pay Q2 dividend of 44 cents per share in July
DeWITT, N.Y. — Community Bank System, Inc. (NYSE: CBU) — parent company of Community Bank, N.A. — announced that it has declared a cash dividend of 44 cents a share on its common stock for the second quarter. The dividend will be payable on July 10, to shareholders of record as of June 15. The
Summit FCU receives NCUA’s ‘well capitalized’ rating
The National Credit Union Administration (NCUA) has the Summit Federal Credit Union (FCU) rated as “well capitalized,” representing NCUA’s highest rating category for credit union net worth. Kofi Appiah Okyere, treasurer of the Summit FCU board of directors, shared the information during the organization’s May 10 annual meeting. He was discussing the credit union’s financial
Visions FCU assets grow more than $2B under decade-long leadership of CEO Muse
ENDWELL, N.Y. — The assets of Endwell–based Visions Federal Credit Union have grown by more than $2.3 billion in the 10 years in which Ty Muse has served as its president and CEO. Visions now employs more than 900 employees, who serve more than 250,000 members through its bilingual contact center, digital banking, hundreds of
AmeriCU names manager of new Virtual Financial Center
ROME, N.Y. — AmeriCU Credit Union announced it has hired Mark DeCilles as manager of its new Virtual Financial Center. Recently launched, the Virtual Financial Center gives members access to credit-union services online from anywhere with a team able to handle transactions, inquiries, and applications virtually. It offers live chat, audio calls, and video chat.
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