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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
Tompkins Financial names tax, accounting expert to board of directors
ITHACA — Tompkins Financial Corp. announced it has recently added Ita M. Rahilly to its board of directors. She will continue as a director of Tompkins Financial’s affiliate, Tompkins Mahopac Bank, where she has served since 2018. Rahilly has served as a tax partner with the firm of RBT CPAs, LLP in Newburgh since January
President Trump signs PPP loan flexibility bill into law
Small-business owners now have some more flexibility and time in the federal government’s emergency forgivable loan program designed to help them during the coronavirus pandemic
Geddes Federal makes $1 million investment in Home HeadQuarters fund
SYRACUSE — Home HeadQuarters, Inc. on June 1 announced that Geddes Federal Savings & Loan recently made the inaugural investment of $1 million into the organization’s Enterprise fund. Home HeadQuarters is a Syracuse–based nonprofit neighborhood and community-development organization that provides home ownership and home-improvement opportunities for Central New York families. The organization created the fund
Agency partners with National Development Council to participate in NY Forward loan program
DICKINSON, N.Y. — The Agency has announced a new partnership with the National Development Council (NDC) to provide assistance to Broome County businesses impacted by
Chemung Financial to pay quarterly dividend of 26 cents on July 1
ELMIRA — Chemung Financial Corp. (NASDAQ: CHMG) recently announced that its board of directors has approved a quarterly cash dividend of 26 cents a share. The dividend is payable on July 1 to common stock shareholders of record as of the close of business on June 17. At the banking company’s current stock price, the
People news: NBT Insurance Agency hires Benjamin as business development manager
NORWICH, N.Y. — NBT Insurance Agency announced it has hired James Benjamin as a business development manager. Benjamin will sell insurance products to consumers and
KeyBank names corporate responsibility officer for Central New York
KeyBank (NYSE: KEY) has named Amanda Goyer corporate responsibility officer for its Central New York market. Among other responsibilities, she oversees implementation of KeyBank’s $16.5
New York State launches $100 million small-business loan fund
NEW YORK, N.Y. — Gov. Andrew M. Cuomo on Friday announced a new $100 million working-capital loan program for small businesses and nonprofits that did
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