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Berkshire Bank’s parent company boosts quarterly dividend by 5%
The board of directors of Berkshire Hills Bancorp, Inc. (NYSE: BHLB), parent of Berkshire Bank, recently voted to increase its quarterly cash dividend by 1 cent, or 5 percent, to 23 cents a common share The dividend will be payable on Feb. 28 to shareholders of record at the close of business on Feb. 14. […]
Chemung Canal Trust completes closure of Oakdale Mall branch in Johnson City
JOHNSON CITY — Chemung Canal Trust Company on Jan. 18 completed the closure of its branch office inside the Oakdale Mall in Johnson City and transitioned customer accounts to its Vestal office. Chemung Canal Trust said in a news release that no employees lost their jobs as a result of the office closing. The
Tioga State Bank’s Fisher nominated vice chairman of ICBA
SPENCER — Tioga State Bank announced that its president and CEO Robert M. Fisher was nominated for the national position of vice chairman for the 2019-2020 Independent Community Bankers of America (ICBA) board of directors. ICBA’s board of directors will vote on the nominations during its 2019 national convention, ICBA LIVE, to be held March
First Source FCU selects former board member for new CFO position
NEW HARTFORD — A woman who served on the board of directors at First Source Federal Credit Union (FCU) between 2011 and 2016 has been appointed as the organization’s first CFO. Pamela Goodison-Bick has also been a member of the New Hartford–based credit union for more than 20 years, First Source said in a news
N.Y. credit-union memberships rose nearly 6% in the last year
Credit-union membership growth in New York state accelerated in 2018, according to a new report. Memberships at New York credit unions increased by 5.8 percent to 5.87 million in the year ending Sept. 30, 2018. That’s up from 3.3 percent membership growth in 2017, according to the “Third Quarter 2018 New York Credit Union Profile”
People news: Community Bank names Wood senior trust officer in Oneonta
ONEONTA, N.Y. — Community Bank N.A. announced it has promoted Paul F. Wood to VP, senior trust officer in Oneonta. In his new role, Wood
Tompkins Financial to pay quarterly dividend of 50 cents a share on Feb. 15
ITHACA, N.Y. — Tompkins Financial Corp. (NYSE: TMP) recently announced that its board of directors has approved payment of a regular quarterly cash dividend of
NYAG James announces $9M expansion to grant program addressing vacant, abandoned properties
SYRACUSE, N.Y. — New York Attorney General Letitia James has announced a $9 million expansion of a grant program to address “zombie” homes, or vacant
Community Bank System to acquire Kinderhook Bank Corp. in Capital District
DeWITT, N.Y. — Community Bank System, Inc. announced it has agreed to acquire Kinderhook Bank Corp., parent company of National Union Bank of Kinderhook, for
Community Bank appoints Houghton as district manager, overseeing 7 branches
CAZENOVIA, N.Y. — Community Bank N.A. announced it has promoted Barbara Houghton to district manager. In her new role, Houghton will oversee the seven Community
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