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Banker tells small businesses: look to us for resources
“There are a lot of resources business owners can take advantage of,” says Benjamin Conger, a business banker at Community Bank, N.A., which is based in DeWitt and operates more than 200 branches across upstate New York, northeastern Pennsylvania, Vermont, and western Massachusetts. Many of those resources are available right at the bank, he adds. […]
State pension fund commits $50M to NY small business investment fund
ALBANY, N.Y. — The New York State Common Retirement Fund has committed $50 million to a private-equity fund that will support small businesses across New York, State Comptroller Thomas P. DiNapoli, trustee of the Common Retirement Fund, announced Nov. 7. The private-equity fund will be managed by Hamilton Lane, which is headquartered near Philadelphia, Pennsylvania.
Excellus awards quality improvement incentive payments to area hospitals
UTICA, N.Y. — Excellus BlueCross BlueShield has awarded $818,254 in quality improvement incentive payments to eight hospitals in the Utica–Rome and North Country regions as
Tompkins Financial promotes Guarino to newly created position
ITHACA, N.Y. — Tompkins Financial Corp. has promoted Charles Guarino to the newly created position of chief banking operations officer, the banking company announced. Guarino’s
Seven CNY nonprofits awarded Excellus Health Equity Innovation funding
DeWITT, N.Y. — Le Moyne College, Cayuga Counseling Services, and On Point for College are among seven Central New York organizations awarded funding in Excellus
ConMed posts nearly 11 percent sales growth in Q3, ups guidance
ConMed Corporation (NYSE: CNMD) recently reported robust third-quarter earnings that pushed company executives to inch up guidance for the company’s full-year earnings. The medical-device manufacturer
Empower secures naming rights for Amphitheater in $4 million deal
GEDDES, N.Y. — Empower Federal Credit Union (FCU) now has its name on a venue that has hosted several high-profile music concerts in recent years and will again next summer. The credit union’s naming-rights sponsorship for the Amphitheater at Lakeview is a seven-year deal with an average annual value of $575,000, Chris Keller, chief marketing
NBT Q3 earnings slide as company wraps up Salisbury acquisition
NORWICH, N.Y. — NBT Bancorp Inc. (NASDAQ: NBTB), parent company of NBT Bank, N.A., reported a profit decline for the third quarter due to costs related to its acquisition of Salisbury Bancorp, Inc. finalized on Aug. 11. The banking company produced net income of $24.6 million, or 54 cents a share, for the quarter ending
Pathfinder to pay Q3 dividend of 9 cents
OSWEGO, N.Y. — Pathfinder Bancorp, Inc. (NASDAQ: PBHC), bank holding company of Pathfinder Bank, announced recently that it has declared a quarterly cash dividend of 9 cents per share on its common stock for the third quarter of this year. The dividend will be payable to all Pathfinder shareholders of record on Oct. 20 and
Solvay Bank announces three new hires
SOLVAY, N.Y. — Solvay Bank recently announced the new hires of Ashley Gozzi, Michael Kinahan, and Dominic Lacorazza. Gozzi has joined the bank as a customer-relations specialist for the customer relations and operations team. She has four years of service experience in the banking industry. Gozzi is an Onondaga Community College graduate and has volunteer
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