Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
Pathfinder Bancorp 2nd quarter profit jumps 63 percent
“During the second quarter of 2021, Pathfinder achieved strong increases in earning asset balances, corresponding revenue growth and improved operating margins that collectively contributed to record quarterly results and our exceptional financial performance for the first half of the year,” Thomas W. Schneider, president and CEO, said in Pathfinder’s earnings report issued on Aug. 2. […]
NBT Bancorp boosts quarterly dividend by nearly 4 percent
NORWICH, N.Y. — NBT Bancorp Inc. (NASDAQ: NBTB) recently announced that its board of directors has approved the increase of its quarterly cash dividend to 28 cents per share for the third quarter. That’s up by 3.7 percent from 27 cents a share in the prior quarter. The Norwich–based banking company will pay the dividend
Tompkins Financial to pay dividend of 54 cents on Aug. 13
Banking company’s profit increased 6.5 percent in latest quarter ITHACA, N.Y. — Tompkins Financial Corp. (NYSE: TMP) recently announced that its board of directors has approved payment of a regular quarterly cash dividend of 54 cents per share. The Ithaca–based banking company will make the dividend payment on Aug. 13, to common shareholders of record as
Cayuga Lake National Bank opens new Lansing branch
LANSING, N.Y. — The Lansing branch of Cayuga Lake National Bank (CLNB) in Tompkins County formally opened on July 26. Located at 3077 N Triphammer
SEFCU plans to merge with another Capital Region credit union
ALBANY, N.Y. — Albany–based SEFCU, which operates branches in Central New York, says it plans to merge its operations with CAP COM, another federal credit
Tompkins Financial profit rises nearly 7 percent in 2nd quarter
ITHACA, N.Y — Tompkins Financial Corp. (NYSE: TMP) reported that its net income rose 6.5 percent to $22.8 million in the second quarter from $21.4
Syracuse Fire Department Employees FCU offers Zelle digital-payment network
SYRACUSE, N.Y. — Syracuse Fire Department Employees Federal Credit Union announced it is offering its members a “fast, safe and easy” way to send money digitally with Zelle. More than 6,000 of its members now have access to Zelle via online banking or in the credit union’s mobile app. The credit union is the 1,000th
First Source Federal Credit Union interactive ATMs now available in downtown Utica
UTICA, N.Y. —First Source Federal Credit Union recently announced it has expanded into downtown Utica by launching interactive ATMs. They’re similar to standard ATMs, but with more capability, First Source said in a news release. Located on Cornelia Street, the interactive ATMs are accessible from Cornelia, Court and Genesee streets, the credit union noted. In
Five Star Bank gets regulatory approval for Elmira branch move
ELMIRA, N.Y — Five Star Bank in late June received state regulatory approval for the planned relocation of its Elmira branch to 100 West Water St. from its current location at 150 Lake St. The New York State Department of Financial Services on June 22 granted approval to Five Star Bank to change the location
Tompkins Financial Advisors names Green CNY managing director
ITHACA, N.Y. — Tompkins Financial Advisors announced it has recently promoted Jennifer Green to VP and managing director of its Central New York region. In this post, based in Ithaca, Green is responsible for growing the number of customers and assets under management in the region by “ensuring each of the company’s team of advisors
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.