Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
Pathfinder Bancorp to pay quarterly dividend on Aug. 14
OSWEGO — Pathfinder Bancorp, Inc. (NASDAQ: PBHC), holding company for Pathfinder Bank, recently declared a quarterly cash dividend of 6 cents per share on its common stock for the fiscal quarter ending June 30. The dividend will be payable to all Pathfinder shareholders of record on July 17 and will be paid on Aug. 14, […]
CFCU Credit Union CEO named to State Charter Advisory Board
ITHACA, N.Y. — Linda Lacewell, superintendent of the New York State Department of Financial Services (DFS), has appointed Lisa Whitaker, president and CEO of Ithaca–based CFCU Community Credit Union, to serve a three-year term on the department’s New York State Charter Advisory Board. The board seeks to foster economic development in New York through “prudent”
Syracuse one-bedroom apartment rent prices up 5 percent in June compared to May
But prices are down more than 11 percent from a year ago The median rental price for most apartments in the Syracuse metro area rose almost 5 percent in June compared to May, but the price was down more than 11 percent from the year-ago month. That’s according to the July 2020 national rent report
Chemung Financial reports Q2 net income rises 16 percent
ELMIRA, N.Y. — Chemung Financial Corp. (NASDAQ: CHMG) on July 20 reported net income of $5.8 million, or $1.20 per share, in the second quarter, up 16 percent from $5 million, or $1.02, in the year-ago period. Chemung Financial is the parent company of Chemung Canal Trust Company. “Our results in the second quarter reflected
NYCUA announces new board members, officers
— CEO and manager of Peru Federal Credit Union in Peru in Clinton County — was elected to a three-year term by NYCUA’s membership. Pope was elected in the asset tier of credit unions with up to $25 million in assets. Pope is one of two new directors appointed to the NYCUA board. Eric Hepkins,
KeyCorp net income declines in second quarter amid pandemic
KeyCorp (NYSE: KEY) — parent of KeyBank, which ranks No. 2 in deposit market share in the 16-county Central New York region — reported that its net income from continuing operations fell to $159 million, or 16 cents a share, in the second quarter from $403 million, or 40 cents per share, in the year-ago quarter. Key’s earnings
Chemung Canal Trust Company announces more lobby and branch office reopenings
ELMIRA, N.Y. — Chemung Canal Trust Company announced that, effective Monday, 10 more branch offices are open for traditional lobby and drive-up banking services. Chemung
Anderson joins Tompkins Trust Company board of directors
ITHACA — Tompkins Trust Company announced it has added Johanna Anderson, Ithaca Neighborhood Housing Services executive director, to its board of directors. Anderson brings more than 15 years of experience in expanding access to affordable housing, building livable communities, and leading economic-development efforts to reach diverse populations throughout the nation, per a Tompkins Trust news
New York manufacturing index rebounds after two months of record lows
The Empire State Manufacturing Survey general business-conditions index climbed almost back to even in June after posting record lows in the prior two months. The
Owner of Buffalo accounting firm named NYSSCPA president
Edward L. Arcara, CPA, owner of Edward L. Arcara, CPA PC, which has three offices in Western New York, began his one-year term as board president of the New York State Society of CPAs (NYSSCPA) on June 1, the Society announced. He is the 101st president of the NYSSCPA, which was founded in 1897, and
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.