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Banks & Credit Unions
CFCU names new chief production officer
ITHACA, N.Y. — CFCU Community Credit Union recently announced that it has appointed William Crane as its new chief production officer. In this role on the credit union’s executive-leadership team, Crane is responsible for the development, implementation, and oversight of a formal business-development plan for the growth and expansion of the credit union. Crane […]
AmeriCU launches virtual financial center for members
ROME, N.Y. — AmericCU Credit Union has launched its new virtual financial center, providing members the means to efficiently manage their finances from anywhere. The
KeyCorp to pay 2nd quarter dividend in mid-June
KeyCorp (NYSE: KEY) — parent company of KeyBank, the No. 2 bank ranked by deposit market share in the 16-county Central New York region — has declared a quarterly cash dividend of 20.5 cents per share of its common stock for the second quarter of this year. The dividend is payable on June 15, to
N.Y. manufacturing index plunges back into negative territory
The benchmark index measuring manufacturing activity in New York state returned to negative territory in May. The Empire State Manufacturing Survey’s general business-conditions index plummeted 43 points in the fifth month of the year to -31.8 as business activity “declined significantly,” according to a May 15 report from the Federal Reserve Bank of New York.
People news: Fulton Savings Bank hires Roman as chief lending officer
FULTON, N.Y. — Fulton Savings Bank announced it has appointed Thomas W. Roman as senior VP and chief lending officer. He started in his new
Berkshire Bank’s holding company to pay dividend of 18 cents a share on June 1
Berkshire Hills Bancorp, Inc. (NYSE: BHLB) — parent company of Berkshire Bank, which has a major 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 will be payable on June 1, to shareholders of record as
NYCUA selects preferred digital provider
The New York Credit Union Association (NYCUA) has selected Eltropy — a digital conversations platform for community financial institutions — as its preferred provider and sponsor. Milpitas, California–based Eltropy will be presenting at the NYCUA convention in June., the company said. “The ability to engage with members digitally as well as in-branch becomes increasingly important
People news: Barclay Damon adds attorney in Syracuse office
SYRACUSE, N.Y. — Barclay Damon announced that Christopher Babiarz has recently joined the law firm’s real estate and institutions & lending practice areas as an
People news: Visions Federal Credit Union hires new community development manager
ENDWELL, N.Y. — Visions Federal Credit Union announced it has hired Hanna Mitchell as community development manager. In this role, Mitchell leads the Visions Cares
Fetsko to step down from dual role at Tompkins Financial
ITHACA, N.Y. — After 27 years of service to the company, Francis M. Fetsko will retire this fall from his roles as chief financial officer
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