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Insurance & Financial Services

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,

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

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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

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