Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
Berkshire Bank’s parent company to pay quarterly dividend on July 8
The board of directors of Berkshire Hills Bancorp, Inc. (NYSE: BHLB), parent of Berkshire Bank, recently approved a quarterly cash dividend of 12 cents a common share. The dividend will be payable on July 8, to shareholders of record at the close of business on June 29. At Berkshire Hills Bancorp’s current stock price, the […]
Holliday named board chair for Five Star Bank parent company
WARSAW, N.Y. — Financial Institutions, Inc. (NASDAQ: FISI), parent company of Five Star Bank, recently announced that Susan R. Holliday has been named chair of the board of directors. Holliday previously served as vice chair of Financial Institutions. She was the owner, president, and publisher of the Rochester Business Journal from 1988-2016. Holliday is currently
Goldman Sachs CEO to chair Hamilton College board of trustees
CLINTON, N.Y. — David Solomon — chairman and CEO of investment-banking firm Goldman Sachs (NYSE: GS) — has been unanimously elected to serve as chair
NYCUA works with Inclusiv to help credit unions pursue CDFI, MDI designations
The New York Credit Union Association (NYCUA) recently announced it has formed a new partnership with New York City–based organization called Inclusiv. The two advocacy organizations have agreed to work together to raise awareness about the benefits of credit unions becoming certified Community Development Financial Institutions (CDFI) and Minority Depository Institutions (MDI), while providing important resources to
Pathfinder Bank names Tryniski VP, credit manager
OSWEGO, N.Y. — Pathfinder Bank has promoted Nick Tryniski to VP, credit manager from credit analyst. That’s according to Ronald Tascarella, executive VP, chief banking officer, who announced the promotion on June 8. “We are happy to recognize Nick with this promotion,” Tascarella said. “With his extensive knowledge of lending, leadership skills and his commitment
Generations Bank hires Krezmer as CFO
SENECA FALLS, N.Y. — Generations Bank announced it has appointed Angela Krezmer as senior vice president (SVP) and chief financial officer (CFO), effective June 7.
NBT names Brown to board of directors
NORWICH, N.Y. — NBT Bancorp Inc. (NASDAQ: NBTB) recently announced that J. David Brown has joined the boards of directors for NBT Bancorp and its primary subsidiary, NBT Bank, N.A. Brown is president and CEO of the Capital District YMCA, where he has worked for 28 years to “create better opportunities for all through community
Gorczynski takes over as M&T Bank’s CNY regional president
Gorczynski, a 16-year M&T veteran, previously served as commercial bank senior group manager for M&T in CNY, after working as a commercial-relationship manager. Earlier in his career, he worked as a regional commercial executive at HSBC in CNY and as an auditor at KPMG Peat Marwick. Gorczynski says he’s excited to take on his new
Five Star Bank parent company to pay Q2 dividend in early July
WARSAW, N.Y. — Financial Institutions, Inc. (NASDAQ: FISI), parent of Five Star Bank, announced that its board of directors has approved a quarterly cash dividend of 27 cents per share of its common stock for the second quarter. The dividend is the same amount that the banking company paid for the first quarter, when it
People news: Tompkins Financial promotes Tomazin to treasurer
ITHACA, N.Y. — Tompkins Financial Corporation announced it has promoted Matt Tomazin to treasurer and senior VP. He will report to Frank Fetsko, chief operating
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.