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Banks & Credit Unions
First Source Federal Credit Union launches interactive ATMs in downtown Utica
NEW HARTFORD, N.Y. — First Source Federal Credit Union says it is now offering interactive ATMs in downtown Utica, a move that it views as
NBT Bancorp appoints Kingsley CFO
NORWICH, N.Y. — NBT Bancorp Inc. (NASDAQ: NBTB) announced it has appointed Scott A. Kingsley as executive VP and chief financial officer. Kingsley will join
Community Bank System acquires Minnesota benefits-administration company
DeWITT, N.Y. — Community Bank System, Inc. (NYSE: CBU) announced Thursday that it has acquired Fringe Benefits Design of Minnesota, Inc. (FBD), a provider of
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
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