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AmeriCU buys building on Route 57 in Clay to establish training center
CLAY, N.Y. — AmeriCU plans to open a training center in a building it recently bought on Route 57 in Clay. The Rome–based credit union purchased the 5,202-square-foot building, located on nearly 1 acre at 7466 Oswego Road, for $550,000 from Michael Jay Associates (Ken Pacioni), according to a release from CBRE/Syracuse. Glenn Weisiger and […]
Chemung Financial boosts quarterly dividend by 19 percent
ELMIRA, N.Y. — Chemung Financial Corporation’s board of directors recently boosted its quarterly cash dividend by 19 percent to 31 cents a share from the previous 26 cents. The new dividend is payable on July 1, to common-stock shareholders of record as of the close of business on June 17. “We are pleased that our
People news: Community Bank adds Gorski as VP, commercial banking officer
DeWITT, N.Y. — Community Bank N.A. announced that Alexandra Gorski has joined the bank as VP and commercial banking officer in DeWitt. Gorski has 30
KeyCorp to pay quarterly dividend of 18.5 cents a share in mid-June
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 18.5 cents per share of its common stock. The dividend is payable on June 15, to holders of record as of the close of
Community Bank System to pay Q2 dividend of 42 cents a share in July
DeWITT, N.Y. — Community Bank System, Inc. (NYSE: CBU) recently announced that it has declared a quarterly cash dividend of 42 cents per share on its common stock. The dividend will be payable on July 9 to shareholders of record as of June 15. The dividend is the same amount that Community Bank paid each
SU gets another $8M JPMorgan Chase grant to support military veterans
SYRACUSE — Syracuse University’s Institute for Veterans and Military Families (IVMF) will use an additional $8 million grant from JPMorgan Chase to support its national training and research programs over the next three years. The grant announcement comes a decade after JPMorgan’s original grant to “enhance” the post-service lives of veterans and military families through
Tompkins to host Thursday virtual small-business workshop focused on starting, growing a business
ITHACA, N.Y. — Tompkins Trust Company, which is in the process of rebranding to the name Tompkins, will be hosting a virtual small-business workshop this
M&T Bank names Gorczynski CNY regional president as Naples retires
SYRACUSE, N.Y. — M&T Bank (NYSE: MTB), which holds the most deposits and is the largest small-business lender in the region, announced it has named
New York SBDC helps Binghamton café pursue federal restaurant funding
BINGHAMTON, N.Y. — Like a lot of eateries nationwide, the co-owners of the Lost Dog Café & Lounge in Binghamton are pursuing funding from the newly established Restaurant Revitalization Fund (RRF), part of President Biden’s American Rescue Plan. The fund provides direct relief funds to restaurants and other hard-hit food establishments that have experienced significant
Tompkins Trust Company to operate with shortened name in rebranding effort
ITHACA, N.Y. — Tompkins Trust Company says it will begin to transition to the name “Tompkins” in a rebranding effort that will unfold in the
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