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 March 30
The board of directors of Berkshire Hills Bancorp, Inc. (NYSE: BHLB), parent of Berkshire Bank, recently approved a quarterly cash dividend of 12 cents per common share. The dividend will be payable on March 30, to shareholders of record at the close of business on March 23. At Berkshire Hills Bancorp’s current stock price, the […]
Johnson City woman arrested for stealing wallet, making charges on victim’s credit cards
JOHNSON CITY, N.Y. — New York State Police in Binghamton announced they have arrested a Johnson City woman for stealing a wallet and making purchases
M&T Bank Fund awards grants to Mohawk Valley organizations
UTICA, N.Y. — Seven Mohawk Valley nonprofits will benefit from more than $160,000 in grants that the M&T Bank/Partners Trust Bank Charitable Fund (MTPT) awarded
KeyBank more than doubles financial commitment to its community-benefits plan
CLEVELAND, Ohio — KeyBank plans to more than double how much money it commits to its community-benefits plan that focuses on “economic access and equity
Five Star Bank parent company boosts quarterly dividend
WARSAW, N.Y. — Financial Institutions, Inc. (NASDAQ: FISI), parent of Five Star Bank, recently announced it is raising its quarterly dividend by nearly 4 percent. The banking company will pay a quarterly cash dividend of 27 cents a share per common share outstanding for the first quarter, up from the 26 cents a share it
Community Bank System to pay Q1 dividend of 42 cents in April
DeWITT— 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 April 9 to shareholders of record as of March 15. The dividend is the same amount that Community Bank paid each of the
Elmira Savings Bank to pay quarterly dividend of 15 cents a share on March 12
ELMIRA, N.Y. — The board of directors of Elmira Savings Bank (NASDAQ: ESBK) has declared a quarterly cash dividend of 15 cents a share on its common stock. The Elmira–based banking company will pay the dividend on March 12 to shareholders of record on March 4. Elmira Savings Bank, with $649 million in total assets,
SBA makes five changes to PPP loan rollout
The U.S. Small Business Administration (SBA) on Feb. 24 started implementing the first of five changes to the Paycheck Protection Program (PPP) that the Biden-Harris Administration says will promote “equitable relief for America’s mom-and-pop businesses.” The PPP is a forgivable-loan initiative that seeks to help small companies survive the economic dislocations of the COVID-19 pandemic. The
Chemung Financial to pay dividend of 26 cents on April 1
ELMIRA, N.Y. — Chemung Financial Corp. (NASDAQ: CHMG) recently announced that its board of directors has approved a quarterly cash dividend of 26 cents a share for the first quarter. The dividend is payable on April 1, to common stock shareholders of record as of the close of business on March 18. At the banking
Commerce Chenango to host economic-outlook event on Feb. 25
NORWICH, N.Y. — Commerce Chenango will host its annual economic-outlook briefing on Thursday, Feb. 25 in partnership with NBT Bank. The virtual event is scheduled
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.