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New York manufacturing activity grew in September, for the first time in 10 months
The Empire State Manufacturing Survey general business-conditions index climbed 16 points to 11.5 in September with activity expanding for the first time since November 2023. The index rose nearly 2 points to -4.7 in August after slipping less than 1 point to -6.6 in July. The general business-conditions index is the monthly gauge on New […]
KeyBank Foundation provides $250K to United Way of CNY’s Thrive at Work program
SYRACUSE, N.Y. — The KeyBank Foundation says it is investing $250,000 in the United Way of Central New York’s Thrive at Work program. The new
SBA awards FuzeHub $375K to support underserved entrepreneurs in New York
ALBANY, N.Y. — FuzeHub will use federal grant funding of $375,000 to support entrepreneurs in underserved communities. The U.S. Small Business Administration (SBA) awarded the
NBT to expand into western New York with acquisition of Evans Bancorp
NORWICH, N.Y. — NBT Bancorp Inc. (NASDAQ: NBTB), the parent company of NBT Bank, announced it is expanding into western New York with the acquisition of Evans Bancorp, Inc. (NYSE: EVBN). Under the deal, NBT will buy 100 percent of the outstanding shares of Evans in exchange for common shares of NBT in a transaction
AmeriCU formally unveils newly renovated Cicero branch office
CICERO, N.Y. — AmeriCU Credit Union unveiled its remodeled Cicero branch with a ribbon-cutting ceremony on Monday, Sept. 9. New interactive teller machines offer new
Pathfinder Bancorp’s profit nearly unchanged in Q2
OSWEGO — Pathfinder Bancorp, Inc. (NASDAQ: PBHC), the holding company for Pathfinder Bank, reported net income of $2 million, or 32 cents a share, in this year’s second quarter, compared to $1.98 million, or 32 cents, in the second quarter of 2023. The banking company’s total revenue (net interest income, before provision for credit losses,
Tioga State Bank opens Johnson City branch
JOHNSON CITY, N.Y. — Tioga State Bank (TSB) unveiled its new Johnson City branch on Thursday, Aug. 29 with a ribbon cutting and other festivities.
Five Star Bank parent company to pay Q3 dividend of 30 cents a share in early October
WARSAW, N.Y. — Financial Institutions, Inc. (NASDAQ: FISI), parent company of Five Star Bank, recently announced that its board of directors approved a quarterly cash dividend of 30 cents per share of its common stock outstanding. The banking company will pay the third-quarter dividend on Oct. 2, to shareholders of record on Sept. 13. At
Pathfinder Bancorp announces change in board-chair position
OSWEGO — Pathfinder Bancorp, Inc. (NASDAQ: PBHC), the bank holding company of Pathfinder Bank, recently initiated a change at the top of its board of directors. William A. (Will) Barclay, an experienced attorney and lawmaker, has been named chairman of the board — succeeding Chris R. Burritt, previous board chairman, who retired from the board
Canadian bank to acquire 15 percent stake in KeyBank parent company
KeyCorp (NYSE: KEY), the Cleveland, Ohio–based parent company of KeyBank, on Monday morning announced that the Bank of Nova Scotia (Scotiabank) (TSX: BNS) (NYSE: BNS)
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