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Empower Federal Credit Union names new president and CEO
SYRACUSE, N.Y. — Empower Federal Credit Union (FCU) on Thursday announced Ryan McIntyre as the credit union’s next president and CEO, effective Jan. 3. McIntyre
Syracuse small businesses can apply for ARPA loans through SEDCO
SYRACUSE, N.Y. — Small businesses in the city of Syracuse can again apply for loan funding from Syracuse’s allocation from the American Rescue Plan Act
Pathfinder Bank settles into second downtown Syracuse branch
SYRACUSE, N.Y. — Oswego–based Pathfinder Bank has opened a branch office at 506 W. Onondaga St. in Syracuse, representing its fourth banking office in Onondaga
Parks and rec director in Southern Tier village pleads guilty to stealing funds, altering records
WAVERLY, N.Y. — The former parks and recreation director for the Village of Waverly in the Southern Tier pleaded guilty to stealing village funds and
ConMed to pay fourth-quarter dividend of 20 cents in early January
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 fourth quarter of 2022. The dividend is payable on Jan. 5 to all shareholders of record as of Dec. 16. At the company’s
NBT’s Salisbury acquisition paves the way for growth
NORWICH, N.Y. — The planned acquisition of Salisbury Bancorp, Inc. (NASDAQ: SAL) will help NBT Bancorp, Inc. (NASDAQ:) bridge the geographical gap between its existing branches and set it up for future growth along the state’s “chip corridor” from Syracuse to Poughkeepsie. The banking companies announced the $204 million, all-equity deal on Dec. 5, with
SMALL BUSINESS SPOTLIGHT: Eden Fresh Network co-founders show how crowdfunding is done
SYRACUSE, N.Y. — If one were to look at the playbook for how to set up a successful crowdfunding campaign, Mark Pawliw would check all the boxes. He and his co-founder and co-owner of Eden Fresh Network (EFN), Leah de Rosa, successfully crowdfunded the launch of EFN in May. Community members from the duo’s networks,
Cazenovia College to close its doors after spring 2023 semester
CAZENOVIA, N.Y. — Cazenovia College announced Wednesday it will shutter at the end of the 2022-2023 academic year due to financial problems. “We’re deeply disappointed
NBT to acquire Connecticut–based Salisbury Bancorp for $204 million
NORWICH, N.Y. — NBT Bancorp, Inc. (NASDAQ: NBTB) announced Monday that it has agreed to acquire Salisbury Bancorp, Inc. (NASDAQ: SAL), of Connecticut, in an
AG James urges Congress to prohibit crypto investments in 401(k) plans
New York Attorney General Letitia James on Nov. 22 urged congressional leaders to adopt legislation that would prohibit investing retirement funds in digital assets, such as cryptocurrencies, digital coins, and digital tokens. Individual retirement accounts (IRAs) and defined-contribution retirement plans, like 401(k) plans and 457 plans for government employees, are key retirement investments for millions
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