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Carr succeeds Hosey as CEO of Elmira Savings Bank
ELMIRA, N.Y. — The board of directors of Elmira Savings Bank (NASDAQ: ESBK) has appointed Thomas M. Carr as CEO. He has been serving as
Empire Brewing seeks federal money for bottling facility
SYRACUSE — Empire Brewing Company in Syracuse’s Armory Square is working to build its Empire Farmstead Brewery in Cazenovia to grow hops and create a bottling facility. Empire Brewing, a Syracuse–based brewer of handcrafted ales and lagers, would use the facility to bottle its own beer for the first time in the company’s 20-year history.
M&T Bank profit falls 18 percent in 2nd quarter
BUFFALO, N.Y. — M&T Bank Corp. (NYSE: MTB), Central New York’s largest bank ranked by deposit market share, today reported that its second-quarter net income
Rome’s Cathedral Corp. acquires Florida firm
ROME, N.Y. — Cathedral Corporation announced it has acquired AXIS Data Solutions, an Orlando, Fla.–based company that provides print, mail, and electronic versions of transactional
HSBC’s Masse elected to Public Policy Institute board of trustees
Michael J. Masse, HSBC Bank USA, N.A., senior vice president, was recently elected to the board of trustees of The Public Policy Institute of New
New York manufacturing index climbs in July
The Federal Reserve Bank of New York reported today that its Empire State Manufacturing Survey general business-conditions index climbed more than six points to 25.9
Paychex boosts quarterly dividend by almost 9 percent
ROCHESTER, N.Y. — Paychex, Inc. (NASDAQ: PAYX) announced Thursday it is increasing the quarterly dividend it pays shareholders to 38 cents a share from 35
Two employees acquire assets of Strategic Communications
SYRACUSE — Two employees of Strategic Communications, LLC have acquired the company’s assets as the firm’s owner begins stepping away from the business and into a consulting role. One of the employees is using his acquisition to spin off a new firm in the company’s former office in Washington, D.C. The acquisition closed on June
NBT promotes Voss to senior vice president
NORWICH — NBT Bank recently promoted Brian Voss, director of business development, to senior vice president at NBT Financial Group. NBT Financial Group, a division
Visions Federal Credit Union merges with New Jersey credit union
ENDWELL — Visions Federal Credit Union, a $3.2 billion credit union headquartered in New York’s Southern Tier, announced it has closed a merger with a
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