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Community Bank System CEO, Tryniski, to retire at year’s end
DeWITT, N.Y. — Community Bank System, Inc. (NYSE: CBU) President/CEO Mark E. Tryniski will retire at the end of this year, and Dimitar A. Karaivanov,
Five Star Bank parent company to pay Q2 dividend in early July
WARSAW, N.Y. — Financial Institutions, Inc. (NASDAQ: FISI), parent company of Five Star Bank, recently announced that its board of directors has approved a quarterly cash dividend of 30 cents per common share outstanding. The banking company will pay the second-quarter dividend on July 3, to shareholders of record on June 15. At the banking
Lockheed Martin to pay Q3 dividend of $3 a share in late September
The Lockheed Martin Corp. (NYSE: LMT) board of directors has authorized a third-quarter, 2023 dividend of $3 per share. The dividend is payable on Sept. 22, to holders of record as of the close of business on Sept. 1. At Lockheed’s current stock price, the dividend yields about 2.6 percent on an annual basis. Lockheed
Excellus names new CNY Regional Advisory Board members
SYRACUSE, N.Y. — Excellus BlueCross BlueShield, Central New York’s largest health insurer, recently announced it has named Michael C. Backus, Derrick L. Murry, and Dr. Robert Weisenthal to its Central New York Regional Advisory Board. Backus is president and CEO of Oswego Health. He advocates for health care in the region as he works with
Oneida County maintains strong financial ratings
UTICA, N.Y. — Oneida County received high ratings from all three major national credit agencies for 2023, County Executive Anthony J. Picente, Jr. announced. The
Hurlbut appointed to Eastern Shore Associates board
FULTON, N.Y. — Eastern Shore Associates (ESA) announced it has named Stacy Hurlbut to its board of directors as a member at large. Hurlbut is VP of commercial lines at ESA. She began her career in the insurance industry in 1998. Hurlbut joined ESA in 2000, working part-time, while pursuing her bachelor’s and master’s degrees
ConMed to pay second-quarter dividend of 20 cents on July 5
ConMed Corp. (NYSE: CNMD), a surgical-device maker with roots in the Utica area, has announced that its board of directors declared a quarterly cash dividend of 20 cents a share for the second quarter of 2023. The dividend is payable on July 5 to all shareholders of record as of June 15. At the company’s
Survey: New York state manufacturing activity rises modestly in June
New orders and shipments were again factors as the general business-conditions index of the monthly Empire State Manufacturing Survey bounced back into positive territory in June by climbing 38 points to 6.6. The general business-conditions index is the monthly gauge of New York’s manufacturing sector. It’s been going up and down like a yo-yo the
AmeriCU names Todd to new North Country position
FORT DRUM, N.Y. — AmeriCU Credit Union announced it has appointed Michael Todd as the new small-business relationship manager of the credit union’s North Country
Finance director, CPA joins Generations Bancorp NY board
SENECA FALLS, N.Y. — Generations Bancorp NY, Inc., the holding company for Generations Bank, recently added Alicia Pender to its board of directors The addition of Pender, effective May, 18, came after the retirement of Dr. August P. Sinicropi from the board in May after his 30 years of service. Pender is the director of
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