Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
Fulton Savings Bank names new CEO
FULTON, N.Y. — Fulton Savings Bank (FSB) announced it has named Pamela D. Caraccioli as its new president and CEO. She succeeds Michael J. Pollock,
Utica Gas & Electric FCU names Brown president and CEO
NEW HARTFORD, N.Y. — Utica Gas & Electric Federal Credit Union (FCU) recently announced Lori Brown as its new president and CEO. She succeeds John
Five Star Bank parent company to pay Q4 dividend in early January
WARSAW, N.Y. — Financial Institutions, Inc. (NASDAQ: FISI), parent of Five Star Bank, recently announced that its board of directors has approved a quarterly cash dividend of 27 cents per share of its common stock for the fourth quarter. Financial Institutions said it will pay its quarterly dividend on Jan. 3, to shareholders of record
AmeriCU opens education and administrative center in Clay
CLAY, N.Y. — AmeriCU has opened an administrative and education center at 7466 Oswego Road in Clay. The new, multi-use facility will provide credit-union employees
NBT Bank promotes two in human resources division
Butcher joined NBT Bank in 2011 as director of organizational development. He has more than 20 years of experience, including serving as manager of organizational effectiveness for MWV. Butcher earned a bachelor’s degree from SUNY Oswego. He holds a certification in organization development from the National Training Lab Institute for Applied Behavioral Science and a
Community Bank System to pay Q4 dividend of 43 cents a share in January
DeWITT, N.Y. — Community Bank System, Inc. (NYSE: CBU) recently announced that it has declared a quarterly cash dividend of 43 cents per share on its common stock for the fourth quarter. The dividend will be payable on Jan. 10 to shareholders of record as of Dec. 15. The dividend is the same amount that
KeyCorp boosts dividend to 19.5 cents a share for Q4
KeyCorp (NYSE: KEY) — parent of KeyBank, the No. 2 bank ranked by deposit market share in the 16-county Central New York area — has declared a quarterly cash dividend of 19.5 cents per share of its common stock for the fourth quarter. The dividend is payable on Dec. 15, to holders of record as of the
NBT Bank renews lease at AXA Tower II in downtown Syracuse
SYRACUSE — NBT Bank recently renewed the lease for office space at its Syracuse Financial Center, located in AXA Tower II at 120 Madison St. in downtown Syracuse. John Clark and Brian Balash of Cushman & Wakefield/Pyramid Brokerage Company negotiated the lease renewal, on behalf of the tenant, NBT Bank, per a news release from
Pathfinder Bank profit, revenue jump in 3rd quarter
OSWEGO, N.Y. — Pathfinder Bancorp, Inc. (NASDAQ: PBHC), the holding company for Pathfinder Bank, recently reported that its net income soared 128 percent to $3.4 million, or 56 cents a share, in the third quarter from $1.5 million, or 25 cents, in the year-ago quarter. The Oswego–based banking company generated total revenue (net interest income
KeyCorp’s Q3 profit jumps 55 percent, beats analysts’ expectations
KeyCorp (NYSE: KEY) recently reported that its net income in the third quarter increased 55 percent to $616 million, or 65 cents per share, from $397 million, or 41 cents, in the year-ago period, driven by strong revenue growth, especially fee-based income. KeyCorp — based in Cleveland, Ohio — is parent of KeyBank, which ranks
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.