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Employee Benefits & Human Resources

N.Y. manufacturers see strong rebound in orders & shipments

April Empire State index returns to positive territory  Responses indicating a strong rebound in orders and shipments helped boost the general business-conditions index of the Empire State Manufacturing Survey back into positive territory in April, rising 36 points to 24.6. The survey results indicate a return to expansionary business conditions in the manufacturing sector. The index […]

Community Bank moves closer to Elmira Savings Bank acquisition

Q1 net income declines DeWITT, N.Y. — As it moves closer to finalizing its acquisition of Elmira Savings Bank (NASDAQ: ESBK), Community Bank System, Inc. (NYSE: CBU) on April 22 announced that is has received regulatory approval from the U.S. Office of the Comptroller of the Currency for that transaction.  The DeWitt–based banking company also

Morris starts expanded role as Berkshire Bank’s N.Y. regional president

Berkshire Bank, a regional community bank with branches in New England and New York, recently appointed James J. Morris IV as its regional president for New York state.  The bank’s New York state territory includes the Capital region, the Mohawk Valley, and Central New York. Morris is an experienced banking professional who has served as

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Empower FCU appoints Carhart interim president and CEO

SYRACUSE, N.Y. — As Empower Federal Credit Union continues a search for its next CEO, the organization has turned to a longtime member of the executive team to lead the credit union on an interim basis. At the same time, Empower is also working with a firm that provides an online financial-literacy program to provide

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