Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
NBT Bancorp to close on Salisbury Bancorp acquisition on Aug. 11
NORWICH, N.Y. — NBT Bancorp Inc., (NASDAQ: NBTB) announced it will complete its acquisition of Connecticut–based Salisbury Bancorp, Inc. on Aug. 11, now that it
Oswego County awarded nearly $1.8M in state matching funds after shared-services tax savings
OSWEGO, N.Y. — New York has awarded Oswego County nearly $1.8 million in state matching funds as a result of taxpayer savings from shared services
Two new Southern Tier cannabis dispensaries open
VESTAL, N.Y. — Two new Southern Tier cannabis dispensaries recently opened, bringing the total number of legal and licensed dispensaries in the state to 19.
Smith Brothers Insurance acquires Massachusetts firm
Smith Brothers Insurance, which has New York offices in Vestal, Owego, Waverly, and Rensselaer, says it has acquired an independent insurance agency located in Worcester,
SUNY Poly names new chief of staff
MARCY, N.Y. — Wayne Westervelt has joined SUNY Polytechnic Institute as the new chief of staff and VP for external relations. Westervelt brings more than
Ogdensburg realtor named National Association of Realtors Region 2 VP
Jennifer Stevenson, of Ogdensburg, was recently named the 2024 National Association of Realtors (NAR) Region 2 vice president at the recent NAR Conference and Expo in Washington, D.C. NAR regional VPs include 13 elected members who are appointed to oversee the work of the national association in their respective region. NAR’s Region 2 covers New
Elmcrest Children’s Center has chosen its next director
Previous director is retiring SYRACUSE, N.Y. — Syracuse–based Elmcrest Children’s Center has chosen its next leader following a pending retirement. James Muldoon, chairman of the Elmcrest board of directors, announced the appointment of Ruth Ann Riposa as Elmcrest’s new executive director, per a
Recapping the Downtown Committee annual meeting
SYRACUSE, N.Y. — During the 2022-2023 fiscal year, the downtown area of Syracuse had a total of 20 projects worth more than $180 million in downtown investment that created seven new Class A office headquarters. In addition, the activity included more than 135 new housing units along with enhanced public infrastructure and tourism amenities. The
M&T Bank announces commercial bank hires, promotions
Buffalo — M&T Bank (NYSE: MTB) — which ranks No. 1 in deposit market share in the 16-county Central New York region — recently announced a group of leadership updates in its commercial bank unit. The changes include the following promotions and new hires. Tim Gallagher has been named head of commercial real estate (CRE).
Cerminaro named CEO of Community Bank Wealth Management
DeWITT, N.Y. — Community Bank System, Inc. (NYSE: CBU) recently announced that Michael T. Cerminaro has been appointed president and CEO of the Community Bank Wealth Management division of its Community Bank, N.A. banking subsidiary. Cerminaro joins the bank with more than 30 years of experience, having most recently served as market head for the
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.