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Banks & Credit Unions

New York manufacturing index falls further in October to -9.1

A leveling off of shipments and future pessimism are among the factors contributing to an 8-point drop in the general business-conditions index of the October Empire State Manufacturing Survey.  This came after the index had climbed 30 points to -1.5 in September. The general business-conditions index is the monthly gauge of New York’s manufacturing sector.  The […]

First Source’s DeMetri named to American Heart Association’s local board and Circle of Red co-chair

NEW HARTFORD, N.Y. — The American Heart Association’s local board of directors has appointed Amy DeMetri, executive VP of First Source Federal Credit Union, as a board member. In addition, she has been appointed to a leadership role for this year’s Go Red for Women’s “Circle of Red” committee, according to a First Source news

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NBT Bank provides financing for transformative Syracuse projects

SYRACUSE — NBT Bank officials say they are excited about the revitalization taking place in Syracuse and their role in helping to secure financing for some of the projects.  The Syracuse redevelopment and revitalization projects that NBT has participated in include the following three. Housing Visions: Winston Gaskin Homes Housing Visions, a regional nonprofit developer,

Five Star Bank parent names Harting to board of directors

WARSAW, N.Y. — Financial Institutions, Inc. (NASDAQ: FISI), parent of Five Star Bank, recently announced the appointment of Bruce W. Harting as a new independent member of its board of directors. Harting’s appointment increases the size of the banking company’s board to 12 members, 11 of whom are independent. He is the sixth board member

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