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Petranchuk joins Key Private Bank as portfolio strategist
SYRACUSE, N.Y. — Eric Petranchuk has recently joined Key Private Bank as a portfolio strategist in its Syracuse office, the bank announced. In this role, Petranchuk evaluates client goals and objectives and constructs investment portfolios to execute team and client strategy, Key Private Bank noted. He has more than 20 years of experience in financial […]
Investors overexposed to risk as market experiences correction
Investors have taken on too much portfolio risk in a rate environment that has distorted stock values and decreased bond yields at a time when market volatility is expected to continue, according to a recent study by Natixis Investment Managers. Market forces that drove stocks to record highs in 2021 are now calling for changes with
Ralph Wilson, Jr. Foundation invests additional $3 million in Launch NY Seed Fund, other programs
BUFFALO, N.Y. — The Ralph C. Wilson, Jr. Foundation has made an additional $3 million investment over the next two years to support Launch NY’s
Excellus awards regional hospitals payments for quality improvements
Six hospitals in Central New York, eight hospitals in the Utica/Rome/North Country region, and four hospitals in the Southern Tier secured quality-improvement funding from Excellus
Hoeller joins NBT Bancorp and NBT Bank boards of directors
NORWICH, N.Y. — NBT Bancorp Inc. (NASDAQ: NBTB) said that Heidi M. Hoeller has recently joined the boards of directors of NBT Bancorp and its community bank subsidiary, NBT Bank, N.A. Hoeller is a retired partner of PricewaterhouseCoopers LLP (PwC), with more than 25 years of experience as a leader in audit and financial services.
Cortland County small businesses can apply for grants through BDC programs
CORTLAND, N.Y. — Pandemic-impacted small businesses in Cortland County have until the end of February to apply for grant funding from the Cortland County Business Development Corporation (BDC). The BDC was awarded $300,000 through the county’s American Rescue Plan allocation process. Businesses may be eligible for assistance through three different programs, the BDC said. The
People news: Hedge joins Tompkins Financial Advisors
ITHACA, N.Y. — Tompkins Financial Advisors announced it has hired Ithaca native Matthew Hedge as assistant VP and wealth advisor. In this role, Hedge is
Two Tioga County contractors arrested for not carrying workers’-compensation insurance
APALACHIN, N.Y. — Two Tioga County contractors are under arrest and facing charges for allegedly not having workers’-compensation insurance at three construction projects in Apalachin.
Community Bank appoints Durkee as New England president
DeWITT, N.Y. — Community Bank System, Inc. (NYSE: CBU) recently announced it has appointed Matthew K. Durkee as senior VP and New England president of Community Bank, N.A. He will be based at Community Bank’s New England headquarters, located in Williston, Vermont. The banking company’s overall headquarters is in DeWitt. Prior to joining Community Bank,
ConMed tops $1 billion in sales in 2021
ConMed Corp. (NYSE: CNMD) closed out 2021 — the second year of the COVID-19 pandemic which saw the arrival of two new variants and led to large-scale pauses on elective surgeries numerous times — with solid fourth-quarter sales and full-year sales topping $1 billion for the first time in the company’s history. The surgical-device maker reported
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