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People news: Tompkins Community Bank names Huey residential mortgage loan officer
ITHACA, N.Y. — Tompkins Community Bank announced it has appointed Sherri Huey as assistant VP, residential mortgage loan officer. Huey retired from M&T Bank while
NBT’s Syracuse financial center is up and running in The Post
SYRACUSE, N.Y. — The employees working at NBT Bank’s Syracuse financial center are getting accustomed to its new location inside The Post at 101 N. Salina St. in Syracuse. The bank on Nov. 16 formally opened its relocated Syracuse financial center. “It provides us with very collaborative workspace for our team,” David Kavney, NBT Bank
Syracuse–based FustCharles opens Rochester–area office
BRIGHTON, N.Y. — Syracuse–based accounting and advisory firm FustCharles is now operating a new office in the Rochester region. The decision to open the Rochester–area office — situated at 70 Linden Oaks, Suite 230 in the town of Brighton — “comes as a response to the evolving landscape in public accounting,” the firm said in
N.Y. workers’-compensation rate to decline in 2024
ALBANY, N.Y. — New York expects employers statewide to save more than $50 million in 2024 with a reduced annual workers’-compensation assessment rate. The rate was set Nov. 1 and goes into effect on Jan. 1, 2024, the office of Gov. Kathy Hochul said. For 2024, the workers’-compensation assessment rate will be 9.2 percent of
Farm bill one-year extension includes farmer-payment program
The Farm Bill is now operating on a one-year extension, having been included in the continuing resolution budget deal that President Joe Biden signed Nov. 17. That’s according to the office of U.S. Senate Majority Leader Charles Schumer (D–N.Y.), which also noted that Schumer secured the one-year extension of the Farm Bill in that legislation.
Hochul signs bill to streamline payments to ambulance-service providers
ALBANY, N.Y. — Gov. Kathy Hochul this week signed a bill that will streamline payments to ambulance-service providers. The measure “authorizes payments to nonparticipating or
KeyBank honors Syracuse–area business owner at annual Key4Women awards
SYRACUSE, N.Y. — KeyBank has honored a town of Salina business owner as its 2023 Key4Women Achieve Award winner. KeyBank’s Key4Women Syracuse chapter recognized Susan
Farm bill with farmer-payment program extended for a year, Schumer says
U.S. Senate Majority Leader Charles Schumer (D–N.Y.) on Friday announced that he has secured an extension of the dairy margin coverage (DMC) program that he
Chemung Financial reports Q3 profit increase of 17 percent
ELMIRA, N.Y. — Chemung Financial Corp. (NASDAQ: CHMG), the parent company of Chemung Canal Trust Company, recently reported third-quarter net income of $7.6 million, or $1.61 per share, up nearly 17 percent from $6.5 million, or $1.37 a share, in the year-ago quarter. When adjusted for non-recurring items, Chemung Financial posted quarterly earnings of $1.21
Berkshire Bank’s parent company to pay Q4 dividend of 18 cents on Nov. 30
Berkshire Hills Bancorp, Inc. (NYSE: BHLB) — parent company of Berkshire Bank, which has a large presence in the Mohawk Valley region — recently announced that its board of directors has approved a quarterly cash dividend of 18 cents per common share. The dividend is payable on Nov. 30, to shareholders of record as of
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