Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
KeyBank consolidates two Ithaca branches, formally opens one new office
ITHACA, N.Y. — KeyBank (NYSE: KEY) on Friday formally opened its new branch at 604 South Meadow St. in downtown Ithaca, which represents a branch
Rockbridge names chief investment officer
SYRACUSE — Rockbridge Investment Management announced it has appointed Adam C. Gagas as its chief investment officer. Gagas will also retain his role as managing director of institutional services at Rockbridge, which is an advisory firm based in Syracuse. Prior to joining Rockbridge Investment Management in 2021, Gagas held several positions in the financial sector.
Midyear business leaders outlook improves slightly
Business leaders are slightly less worried about a recession this year, according to JPMorgan Chase & Co.’s 2023 Midyear Business Leaders Outlook survey. A total of 45 percent of business leaders say the nation is already in a recession or expect a recession before the end of 2023, down from 65 percent who felt that
State’s $55.5M Small Business Revolving Loan Fund 2 offers microloans
ALBANY — New York State recently announced that its expanded $55.5 million Small Business Revolving Loan Fund 2 is available to provide shorter-term microloans and regular loans to address “inequitable” capital access “by bridging the financing gaps facing new companies, under-banked communities, and small businesses.” It’s part of New York’s broader Small Business Credit Initiative
Banker offers small firms’ tips on navigating current economy
Despite the doom and gloom in the headlines, the overall small-business outlook is still fairly positive, says Lindsay Weichert, senior VP and commercial-banking group manager at Community Bank, N.A., a DeWitt–based commercial bank serving customers in upstate New York, northeastern Pennsylvania, Vermont, and Massachusetts. While the Federal Reserve is still working to cool down the
Ripley, Garlock & Associates adds experienced financial advisor
Ripley, Garlock & Associates Financial Planning has recently added Gagan Singh, an experienced financial advisor, to its team. Having served the financial industry for more than 20 years, Gagan brings a wealth of knowledge and expertise in various aspects of financial planning and investment management, the firm said in a news release. A graduate of
Nonprofits can apply for Excellus BCBS Health Equity Innovation Award funding
Excellus BlueCross BlueShield (Excellus BCBS) on Monday said nonprofit organizations to apply for 2023 Health Equity Innovation Award (HEIA) funding. The awards help pay for
SECNY Federal Credit Union opens new branch, operations facility in Camillus
CAMILLUS, N.Y. — SECNY Federal Credit Union has opened a new Fairmount location at 3508 West Genesee St. in the town of Camillus across from
ConMed reports nearly 15 percent rise in Q2 sales, ups earnings guidance
ConMed Corporation (NYSE: CNMD) recently reported it closed out a strong second quarter with sales rising 14.6 percent over the same quarter last year and
NBT Bank plans new Johnson City branch
JOHNSON CITY, N.Y. — NBT Bank plans to open a new branch in Oakdale Commons at 625 Harry L Drive in Johnson City. Construction has
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.