Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
After merger, CNY Pomeroy Appraisers is now Colliers Syracuse
MANLIUS, N.Y. — CNY Pomeroy Appraisers, a long-established appraisal firm based in Manlius, has merged its operations with Seattle, Washington–based Colliers Valuation & Advisory Services (Colliers). The deal became official on Aug. 1, Susan Baldwin, managing director of the local office, tells CNYBJ in an email. Colliers didn’t include any financial terms of the merger […]
SFCU merges with Edge Federal Credit Union
LIVERPOOL, N.Y. — Edge Federal Credit Union has merged with Sidney Federal Credit Union (SFCU) in a deal approved by Edge members on Sept. 19. The combination helps solidify SFCU’s entry into Onondaga County while also providing Edge members new products and enhanced services, SFCU President/CEO Jim Reynolds says. Edge got its start in 1956,
SBA appoints new director of the Syracuse-Upstate New York district office
SYRACUSE, N.Y. — The U.S. Small Business Administration (SBA) has named Daniel Rickman the new district director of its Syracuse-Upstate New York district office. Rickman’s
MetalCraft Marine in Watertown wins $32 million Navy contract
WATERTOWN, N.Y. — MetalCraft Marine US Inc. was recently awarded a more than $32 million contract from the U.S. Navy for oil-spill response (OSR) utility boats and OSR boom platforms. Work on the firm-fixed-price, six-year indefinite-delivery/indefinite-quantity pact will be performed in Watertown, and the first order is expected to be completed by August 2025, according
Preferred Mutual’s Raue named to RISE advisory board of directors
NEW BERLIN, N.Y. — Preferred Mutual Insurance Company announced that Michelle Raue, its senior VP and chief claims officer, was recently appointed to the Rising Insurance Star Executive (RISE) advisory board of directors. RISE provides young professionals entering the insurance industry with resources to help them build a successful career through networking, mentorships, training, education,
Community Bank Trust Services changes name to Nottingham Trust
DeWITT, N.Y. — Community Bank Trust Services, the personal trust and custodial services provider subsidiary of Community Bank System, Inc. (NYSE: CBU), underwent a name change in August to Nottingham Trust. The change comes almost a year after the creation of Nottingham Wealth in late 2022. Nottingham Wealth combined the financial planning and investment capabilities
Utica Mutual Insurance names new board member
UTICA, N.Y. — Tiffany L. Hawkins, COO of Momentum Advisors and founding partner of the Franklin Morgan Private Equity Fund, has been elected to the board of directors of Utica Mutual Insurance Company, the lead company of the Utica National Insurance Group. Hawkins joined the minority-owned wealth-management firm Momentum Advisors in 2014 as managing director
VC firm partner sees opportunity with new Tech Garden office
SYRACUSE — A partner in ff Venture Capital (ffVC) is giving a thumbs up to its role as the first in-residence investor at CenterState CEO’s Tech Garden. Its operations at the Tech Garden also represent an upstate New York office for the New York City–based firm. The Tech Garden, operated by CenterState CEO, is home
People news: KeyBank names VP, area retail leader
SYRACUSE, N.Y. — Kevin Westcott has joined KeyBank as VP, area retail leader, the bank announced. In this role, he is based in Key’s downtown
IAED announces public launch of five-year investment initiative
ITHACA, N.Y. — Ithaca Area Economic Development (IAED) announced the public launch of its five-year investment initiative — Th!nk Tompkins — on Sept. 21 during
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.