Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
Burnout hitting consumer confidence, KeyBank survey finds
The KeyBank 2023 Financial Mobility Survey, released Jan. 9, finds Americans are in a “difficult” financial position as 55 percent faced financial challenges over the past year. The finding represents a “substantial” increase from the year prior (37 percent), with more than double the number of respondents saying their biggest financial faux pas involved budgeting issues […]
New CFO of Berkshire Bank parent begins his position
David Rosato — who served most recently as CFO of People’s United Financial, Inc., and prior to that as treasurer at Webster Financial Corporation — was set to join Berkshire on Feb. 6, as senior executive VP and CFO. In his new role, Rosato will serve as Boston–based Berkshire Hills Bancorp’s top financial leader. He
Visions FCU plans to build a new branch office in Oneonta
ONEONTA, N.Y. — Visions Federal Credit Union (FCU) says construction will start soon on its first branch in Oneonta. The new office will be located in the WellNow Plaza at 5001 State Highway 23, Visions said in its Jan. 30 announcement. The new office will allow individuals and businesses to conduct banking services, apply for
Visions donates $50K to American Foundation for Suicide Prevention
ENDWELL, N.Y. — Visions Federal Credit Union says it has donated $50,000 to the American Foundation for Suicide Prevention (AFSP) as part of “The Big Give” of 2022. Created by Visions in 2021, “The Big Give” is an annual initiative to make an “outstanding” charitable contribution to organizations performing community service within Visions’ three-state footprint,
Syracuse Fire Department Employees FCU names new CEO
SYRACUSE, N.Y. — The board of directors of the Syracuse Fire Department Employees Federal Credit Union (SFDEFCU) announced it has promoted Roxane Bowering to be the credit union’s next CEO. “After an extensive search, the Board of Directors is pleased to announce the appointment of Ms. Bowering to this position. She brings a wealth of
Pathfinder Bank appoints Fulton branch manager
FULTON, N.Y. — Pathfinder Bank says it has promoted Jennifer Kaljeskie to assistant VP, branch manager of its Fulton office, located at 5 W. First St. S. Kaljeskie joined Pathfinder Bank in 2020 as the assistant branch manager of the bank’s Central Square location. In her new role, Kaljeskie will be responsible for developing retail
D’Arcangelo & Co. names managing partner
UTICA, N.Y. — The public accounting firm D’Arcangelo & Co., LLP recently announced it has named Tricia L. Lucas managing partner, effective Jan. 1. Lucas, a CPA and audit partner, will be the first female managing partner in the 70-year history of the firm. She is responsible for overseeing the day-to-day operations of D’Arcangelo &
Brown & Brown Insurance to pay first-quarter dividend on Feb. 15
Brown & Brown, Inc. (NYSE: BRO), the Florida–based parent of Syracuse–based Brown & Brown Empire State, recently announced it will pay a regular quarterly cash dividend of 11.5 cents a share for the first quarter. The payment is payable on Feb. 15, to shareholders of record on Feb. 3, the insurance-brokerage firm announced on Jan.
Sykes starts as SRC’s new CFO, executive VP of finance
CICERO, N.Y. — SRC, Inc. has made its choice to replace the retiring Phil Fazio as the company’s chief financial officer. The firm has hired Gwendolyn Sykes as executive VP of finance, and CFO. Fazio is retiring after 16 years of services, SRC said in a Jan. 11 announcement. He retires on Jan. 31, SRC
The funding seeks to help several nonprofit organizations in Central New York to support workforce development and community initiatives. These grants are part of KeyBank’s
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