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Community Bank names Bacon commercial-banking team leader
BREWERTON, N.Y. — Community Bank N.A. announced it has recently promoted Ronald Bacon to VP and commercial-banking team leader. In his new role, Bacon will manage a portfolio of commercial-banking relationships, as well as a team of commercial bankers responsible for portfolio management and new business-development efforts throughout Jefferson, Lewis, and St. Lawrence counties. Bacon, […]
Pathfinder to pay Q3 dividend of 7 cents in early November
OSWEGO — Pathfinder Bancorp, Inc. (NASDAQ: PBHC), holding company for Pathfinder Bank, recently declared a quarterly cash dividend of 7 cents a share on its common stock for the fiscal quarter ending Sept. 30. The dividend will be payable to all Pathfinder shareholders of record on Oct. 15 and will be paid on Nov. 5,
Northern Credit Union campaign supports Carthage Area Hospital Foundation
CARTHAGE, N.Y. — Watertown–based Northern Credit Union recently presented the Carthage Area Hospital Foundation (CAHF) with a check for $2,050 from its reopening campaign for its relationship center in Carthage. The Sept. 14 presentation followed the credit union’s campaign in which anyone who opened a new checking account or loan would be able to choose
Community Bank purchase of ESB to give it Southern Tier boost
DeWITT, N.Y. — Community Bank System, Inc.’s (NYSE: CBU) recently announced $83 million agreement to acquire Elmira Savings Bank (ESB) will strengthen and deepen its reach in the Southern Tier, particularly the Corning-Elmira-Ithaca corridor. DeWitt–based Community Bank System announced Oct. 4 that it would acquire ESB (NASDAQ: ESBK), which has total assets of nearly $649
People news: NBT Bank names LaRusch director of workforce management
JOHNSON CITY, N.Y. — NBT Bank announced it has appointed Richard LaRusch director of workforce management. LaRusch joined NBT Bank in 2012 as human-resources generalist.
Crews finish transforming school into $22 million Endicott Square housing development
ENDICOTT, N.Y. — Workers have completed a $22 million renovation of the “underutilized” Henry B. Endicott School building into 61 affordable apartments in the village
Community Bank System to acquire Elmira Savings Bank for nearly $83 million
DeWITT, N.Y. — Community Bank System, Inc. (NYSE: CBU) announced it has agreed to acquire Elmira Savings Bank (NASDAQ: ESBK) in a cash deal worth
Oswego Health to use $100K M&T gift for Lakeview Center for Mental Health & Wellness
OSWEGO, N.Y. — Oswego Health says M&T Bank (NYSE: MTB) has donated $100,000 to support the newly opened Lakeview Center for Mental Health and Wellness. It represents “one of the largest corporate donations” to the Campaign for Oswego Health and brings the nonprofit “one step closer to its fundraising goal.” The new 42,000-square-foot facility provides
New York manufacturing index rebounds in September
Easily beats economists’ predictions The Empire State Manufacturing Survey general business-conditions index jumped 16 points to 34.3 in September, a rebound from the prior month’s big decline. It was double the expected September reading of 17.2, according to a survey of economists by the Wall Street Journal. The general business-conditions index — the
Firm to redevelop former M&T Bank building on S. Salina St.
SYRACUSE — A Washington, D.C.–based development firm plans to convert the building at 101 South Salina St. to a residential facility and will build about 120 apartments. M&T Bank, which owned and operated a branch inside the building, sold the structure to Douglas Development for $7,155,000 and the transaction closed earlier this year. The bank
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