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EBRI: New hires continue to favor target-date funds for 401(k)s
Interest in target-date and other types of balanced funds remained “strong” through 2014, with younger plan participants more likely to hold target-date funds than older participants. That’s according to a new joint study that the Employee Benefit Research Institute (EBRI) and the Investment Company Institute (ICI) — both based in Washington, D.C. — released April […]
Chemung Canal Trust CEO Bentley to retire at year’s-end, COO Tomson to succeed him
ELMIRA, N.Y. — Ronald Bentley, CEO of Chemung Canal Trust Company and Chemung Financial Corp. (NASDAQ: CHMG), plans to retire on Dec. 31. Upon his
People news: Generations Bank hires Ledgerwood as business development officer
SENECA FALLS, N.Y. — Generations Bank announced it has hired Larry Ledgerwood as assistant VP and business development officer at its Seneca Falls headquarters. Ledgerwood
People news: M&T Bank promotes Weichert to team leader for commercial real estate
SYRACUSE, N.Y. — M&T Bank has appointed Lindsay M. Weichert as senior relationship manager and team leader for commercial real estate. She brings more than
People news: Harshbarger elected to Onondaga County Bar Foundation board
SYRACUSE, N.Y. — Bond, Schoeneck & King, PLLC announced that Laura H. Harshbarger, a member (partner) in the firm’s Syracuse office, has been elected to
State comptroller, Syracuse mayor say the city is not “fiscally stressed”
SYRACUSE, N.Y. — The City of Syracuse isn’t considered “fiscally stressed.” That’s according to New York State Comptroller Thomas DiNapoli’s fiscal-stress monitoring system, which gave
NBT Bancorp elects new chairman, announces succession plan
NORWICH, N.Y. — The board of directors of NBT Bancorp Inc. (NASDAQ: NBTB) elected president and CEO Martin Dietrich as board chairman following Tuesday’s announced
People news: Tompkins Trust Company hires Peterson for marketing position
ITHACA, N.Y. — Tompkins Trust Company announced it has hired Abby Peterson for a position entitled, marketing communications business partner. Her job responsibilities include coordinating
Forsythe retires as chairman of NBT Bank, parent company boards
NORWICH, N.Y. — The former CEO of NBT Bancorp is retiring as chairman of the NBT Bank and NBT Bancorp boards of directors. Daryl Forsythe’s
People news: Cayuga Centers promotes Palin to chief fiscal officer
AUBURN, N.Y. — Cayuga Centers president and CEO Edward Myers Hayes announced he has restructured the agency’s executive team, promoting Elizabeth Palin to chief fiscal
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