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Banks & Credit Unions
AmeriCU’s Gwak appointed to Leadership Greater Syracuse board of directors
SYRACUSE, N.Y. — Jin Gwak, AmeriCU Credit Union’s chief digital & information officer, recently joined the board for Leadership Greater Syracuse (LGS), a nonprofit organization that offers a yearlong civic-leadership training program. Gwak, who was a member of the LGS Class of 2015, joined the credit union in 2013. In her role as chief digital […]
New York state manufacturing activity contracted in March
Empire State index fell to lowest level since early in pandemic The Empire State Manufacturing survey general business-conditions index declined nearly 15 points in March to -11.8, reaching its lowest level since early in the COVID-19 pandemic. The index — the monthly gauge on New York’s manufacturing sector — had moved back into positive
NBT Bank Regional President Shirtz to retire, successor named
SYRACUSE, N.Y. — Richard Shirtz, the Central New York (CNY) regional president for NBT Bank, plans to begin transitioning toward retirement, the bank announced Thursday.
M&T Bank names two to CNY Directors Advisory Council
SYRACUSE, N.Y. — M&T Bank recently appointed Alicia Dicks and Sheena Solomon to its Directors Advisory Council for the Central New York region. This 11-member council meets regularly to discuss business, customer, and community issues and provides insights to support M&T’s ongoing efforts to develop locally customized solutions and service models, the bank said in
SECNY plans to open new branch in Fairmount area of Camillus
CAMILLUS, N.Y. — SECNY Federal Credit Union (FCU) announced plans to open a new branch later this summer at 3508 West Genesee St. in Camillus,
Five Star Bank parent company increases quarterly dividend by more than 7 percent
WARSAW, N.Y. — Financial Institutions, Inc. (NASDAQ: FISI), parent of Five Star Bank, recently announced it is boosting its quarterly dividend by 7.4 percent. The banking company will pay a quarterly cash dividend of 29 cents per common share outstanding for the first quarter of this year, up from the 27 cents a share it
AmeriCU announces promotions and new hires
Alissa Sykes Tulloch was promoted to executive VP and chief operating officer to lead the credit union’s growth initiatives. Tulloch joined AmeriCU in 2020 as
Visions adds Planning with Purpose as investment partner
JOHNSON CITY, N.Y. — Visions Investment Services, the wealth-management division of Visions Federal Credit Union, has added the firm Planning with Purpose to its slate
Gainey hired to manage Pathfinder Bank’s newest branch
SYRACUSE, N.Y. — Pathfinder Bank has hired Shynique Gainey as assistant VP, branch manager for the bank’s new, upcoming Syracuse office, to be located at
Community Bank System to pay dividend of 43 cents per share in April
DeWITT, N.Y.— Community Bank System, Inc. (NYSE: CBU) recently announced that it has declared a quarterly cash dividend of 43 cents a share on its common stock. The dividend will be payable on April 11 to shareholders of record as of March 15. The quarterly payment represents an annualized yield of about 2.35 percent, based
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