Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
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 […]
Berkshire Bank parent starts search for new CFO
BOSTON — Berkshire Hills Bancorp, Inc. (NYSE: BHLB), parent company of Berkshire Bank, has launched a search for a new chief financial officer after CFO
New York manufacturing index slides further in October
The Empire State Manufacturing Survey general business-conditions index fell 8 points to -9.1 in October. The index had climbed 30 points to -1.5 in September.
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
Pathfinder to pay 3rd quarter dividend of 9 cents a share in November
OSWEGO, N.Y. — James A. Dowd, president and CEO of Pathfinder Bancorp, Inc. (NASDAQ: PBHC), the bank holding company of Pathfinder Bank, announced that the banking company has declared a cash dividend of 9 cents per share on its common stock. The third quarter 2022 dividend will be payable to all shareholders of record on
Corning’s First Heritage FCU expands territory to include New York’s Tioga County
CORNING, N.Y. — First Heritage Federal Credit Union (First Heritage FCU), which is headquartered in Corning, is expanding its field of membership into eight additional
Solvay Bank partners with Syracuse University on “Live Local” initiative
SYRACUSE, N.Y. — Solvay Bank says it’s partnering with Syracuse University on the school’s newly announced “Live Local” initiative to support the City of Syracuse
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,
Genesis Group, NBT Bank partner on business-grant program
Awards range from $500 to $1,000. NBT Bank provided a $5,000 investment to fund the first round of grants. Townsquare Media, Hummel’s Office Plus, and
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
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.