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Project Fibonacci converts STEM into STEAM
ROME — “Make your lives extraordinary … be individuals,” John Keating, played by Robin Williams, says to his high-school students in the 1989 movie “Dead Poets Society.” “Carpe Diem,” he continues: “Seize the day.” Williams’ character inspired his students through unorthodox teaching methods: standing on a desk to look at life differently, ripping out the […]
N.Y. Family Business Center offers programs, peer groups
SYRACUSE — The New York Family Business Center (FBC) seeks to connect local family businesses with one another using educational programs and peer groups. The FBC currently operates as part of the Keenan Center for Entrepreneurship, Innovation and Creativity in Le Moyne College’s Madden School of Business. The organization offers generational peer groups and family-business
Generations Bank to renovate Seneca Falls office in $1.2 million project
SENECA FALLS — Generations Bank plans to renovate its “flagship” branch office located at 19 Cayuga St. in Seneca Falls. The first phase of this two-phase project was slated to begin April 25, Generations Bank said in a news release. Geneva–based Mittiga Construction Co. is handling the $1.2 million project, Katie MacIntyre, assistant VP and
Visions FCU partners with Glen Wood Financial Group
ENDICOTT — Visions Federal Credit Union, headquartered in Endwell, recently announced a partnership with The Glen Wood Financial Group, Inc. in Binghamton, which is led by Glen Wood, president. Wood will provide Visions clients with financial advice. Visions contends that the synergies between these two LPL Financial broker-dealer platform groups will help the credit union
First Niagara CEO Crosby, two others named to KeyCorp board
Acquisition expected to close in Q3 KeyCorp (NYSE: KEY) on April 22 announced that three members of the First Niagara Financial Group (NASDAQ: FNFG) board will join its board of directors once the acquisition closes. The addition of the First Niagara directors is part of the acquisition agreement, according to a news release from KeyCorp.
Bank of America launches mortgage program geared to low- and moderate- income homebuyers
Bank of America (NYSE: BAC) has rolled out a new mortgage program that it contends provides low- and moderate-income homebuyers access to a “responsible lending product with counseling at affordable entry prices.” The Charlotte, North Carolina–based bank, the nation’s second largest, on Feb. 22 announced its “affordable loan solution” mortgage in partnership with Self-Help Ventures
M&T Bank credits changes for surge in its SBA-backed loans
SYRACUSE — M&T Bank is crediting several changes it made to its small-business lending model for the jump in its March loan-approval volume in the Syracuse district of the U.S. Small Business Administration (SBA). M&T Bank approved 49 SBA-backed loans in the agency’s (7a) program during March, which almost equaled the 51 such loans it
NBT profit rises nearly 4 percent in first quarter
NORWICH — NBT Bancorp Inc. (NASDAQ: NBTB) reported net income of $18.9 million, or 43 cents a share, in the first quarter, up 4 percent from $18.2 million, or 41 cents, in the year-ago quarter on the strength of loan and deposit growth. “Our first quarter 2016 results demonstrate our strong financial performance and sustained
Community Bank Q1 profit, revenue rise on increased assets from Oneida Financial deal
DeWITT — Community Bank System, Inc. (NYSE: CBU) reported net income of $24.4 million in the first quarter, up 9.4 percent from $22.3 million in the year-ago quarter, as it benefitted from the assets it acquired in its $158.5 million acquisition of Oneida Financial Corp. Earnings per share at Community Bank rose to 55 cents
M&T appoints René Jones to expanded role, names CFO successor
M&T Bank Corp. (NYSE: MTB) announced that Vice Chairman René F. Jones has taken on new managerial responsibilities, effective May 2. In addition to continuing oversight of the bank’s Treasury function and Wilmington Trust division, he adds two new business lines — mortgage and consumer lending. “As our chief financial officer, René has helped guide
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