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M&T targets early Q3 for moving CNY regional HQ to 250 S. Clinton St.
SYRACUSE — M&T Bank expects to move its Central New York regional headquarters office and main local branch to 250 S. Clinton St. at the end of the second quarter or early third quarter. The leased space will replace the bank’s current historic home overlooking Clinton Square, which it has agreed to sell. M&T Bank […]
Community Bank’s Q4 net income rises 5 percent
DeWITT — Community Bank System, Inc. (NYSE: CBU) recently reported that its net income increased more than 5 percent to $42.9 million in the fourth quarter from $40.8 million in the fourth quarter of 2018. The DeWitt–based banking company’s earnings per share (EPS) rose to 82 cents a share from 78 cents a year prior.
KeyCorp to pay cash dividend of 18.5 cents a share in March
KeyCorp (NYSE: KEY) — parent of KeyBank, the No. 2 bank ranked by deposit market share in the 16-county Central New York area — has declared a quarterly cash dividend of 18.5 cents per share of its common stock for the first quarter of 2020. The dividend is payable on March 13, to shareholders of
Citizens Bank names Le Moyne graduate president of its upstate New York region
SYRACUSE, N.Y. — Citizens Bank announced it has named J. Theodore Smith as president of its upstate New York region. Smith, a graduate of Le
People news: Generations Bank promotes Maltman to VP, residential sales manager
GENEVA, N.Y. — Generations Bank announced it has promoted Bernyce Maltman to VP and residential sales manager. Maltman joined Generations in 2017 and “quickly became
Summit FCU taps COO as its next CEO
ROCHESTER, N.Y. — The Summit Federal Credit Union (FCU) announced it has chosen Laurie Baker as its next president and CEO, effective Feb. 1. Baker
Chemung Financial pays dividend of 26 cents a share for last quarter
ELMIRA — Chemung Financial Corp. (NASDAQ: CHMG) recently announced that its board of directors has approved a quarterly cash dividend of 26 cents per share. The dividend was payable on Jan. 2, to common stock shareholders of record as of the close of business on Dec. 23. At the banking company’s current stock price, the
Burruano named general counsel of Five Star Bank parent
WARSAW, N.Y. — Financial Institutions, Inc. (NASDAQ: FISI), parent company of Five Star Bank, announced that it has named Samuel J. Burruano, Jr. general counsel.
State Police looking for suspect in grand larceny at Syracuse–area stores
LAFAYETTE, N.Y. — State Police in LaFayette say they are investigating a grand larceny that happened on Friday, Dec. 13. State Police say the person
Five Star Bank parent to pay quarterly dividend of 25 cents a share in early January
WARSAW, N.Y. — Financial Institutions, Inc. (NASDAQ: FISI), parent of Five Star Bank, will pay a quarterly cash dividend of 25 cents a share per common share outstanding for the latest quarter. The banking company said it will pay the dividend on Jan. 2, to shareholders of record on Dec. 13. Five Star Bank, based
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