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State directs banks to provide mortgage-payment relief to borrowers
Not long after the governor’s morning announcement, Norwich–based NBT Bank (NASDAQ: NBTB) announced its plans to institute coronavirus-related policies. NBT Bank announced it has temporarily
Steuben Trust shareholders approve $109 million sale to Community Bank System
HORNELL — Steuben Trust Corp. shareholders on March 3 overwhelmingly voted to approve its proposed sale to Community Bank System, Inc. (ticker: CBU), parent of Community Bank. Steuben Trust reported that more than 98 percent of the votes cast were voted to approve the deal and that more than 84 percent of the issued and
Five Star Bank parent increases quarterly dividend by 4 percent
WARSAW, N.Y. — Financial Institutions, Inc. (NASDAQ: FISI), parent of Five Star Bank, recently announced it is boosting its quarterly dividend by 4 percent. The banking company will pay a quarterly cash dividend of 26 cents a share per common share outstanding for the first quarter, up from the 25 cents a share it paid
Community Bank System to pay Q1 dividend of 41 cents in April
DeWITT— Community Bank System, Inc. (NYSE: CBU) announced that it has declared a quarterly cash dividend of 41 cents per share on its common stock. The dividend will be payable on April 9 to shareholders of record as of March 16. The dividend is the same amount that Community Bank paid in each of the
Chemung Financial to pay dividend of 26 cents per share on April 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 April 1, to common stock shareholders of record as of the close of business on March 18. At the banking company’s current stock price, the
NYBDC, affiliates rebrand as Pursuit
ALBANY, N.Y. — New York Business Development Corporation (NYBDC), along with affiliates Excelsior Growth Fund and the 504 Company, say they’ve rebranded as Pursuit. As
M&T Bank donates $100,000 to OCC’s applied learning program
ONONDAGA, N.Y. — M&T Bank (NYSE: MTB) has donated $100,000 over five years to support the applied learning program of Onondaga Community College’s (OCC) career
Pictured is the new branch office that Empower Federal Credit Union is getting ready to open in Central Square. The new office, located at 3056 East Ave. (Route 49) in the village of Central Square, is slated to open in March, Empower said in a recent newsletter to its members. Empower currently has 22 branches
Tompkins Financial to pay quarterly dividend of 52 cents a share on Feb. 18
ITHACA — Tompkins Financial Corp. (NYSE: TMP) recently announced that its board of directors approved payment of a regular quarterly cash dividend of 52 cents a share for the first quarter. The dividend is payable on Feb. 18, to common shareholders of record on Feb. 10. It’s the same amount that Tompkins Financial paid in
SyracuseFirst urges consumers to “Think Local First”
“The mission of SyracuseFirst is to educate the community about the importance of buying local and supporting local and independently-owned businesses in our community,” Shannon Fults, strategic programs and events coordinator, tells CNYBJ in an email. Before joining CenterState CEO as an organizational partner, SyracuseFirst functioned as a member-based organization, Fults notes. Now, as a
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