Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
Auburn Community Federal Credit Union plans first Onondaga County branch
CLAY, N.Y. — Auburn Community Federal Credit Union (ACFCU) has announced plans to open its first Onondaga County branch at 7538 Oswego Road (Route 57)
McClelland named CEO of Pinnacle Capital Management
DeWITT, N.Y. — Pinnacle Holding Company, LLC has appointed Kevin McClelland CEO of its money-management division, Pinnacle Capital Management, LLC (PCM). McClelland has been serving
Mooney named president at Lifetime Benefit Solutions
SYRACUSE, N.Y. — Lifetime Benefit Solutions (LBS) announced it has appointed Trish Mooney president of the ancillary benefits and specialty program company. As president of
Keim Asset Management renews lease at Widewaters Office Park
DeWITT — Keim Asset Management, LLC recently renewed the lease on its office at Widewaters Office Park in DeWitt. The firm is leasing 1,124 square feet at 5788 Widewaters Parkway. Mike Kalet from Cushman & Wakefield/Pyramid Brokerage Company negotiated the lease renewal, per a release from the real-estate firm. It didn’t disclose any lease terms.
Pathfinder to pay Q4 dividend of 7 cents in early January
OSWEGO, N.Y. — Pathfinder Bancorp, Inc. (NASDAQ: PBHC), holding company for Pathfinder Bank, recently declared a quarterly cash dividend of 7 cents a share on its common stock for the fiscal quarter ending Dec. 31. The dividend will be payable to all Pathfinder shareholders of record on Jan. 14 and will be paid on Feb.
Excellus provides support for On Point for College mental-health program
UTICA — Excellus BlueCross BlueShield announced it provided On Point for College – Utica with a $5,000 sponsorship to support a new mental-health program for first-generation college students. The program provides two mental-health workshops for college students and training for front-line advising staff. Rochester–based Excellus BlueCross BlueShield is Central New York’s largest health insurer. Students
DFS to review covered benefits under new law
A new state law focuses on covered benefits related to childbirth offered by all health-insurance providers in New York State. The measure directs the New York State Department of Financial Services (DFS) — in consultation with the New York State Department of Health (DOH) — to prepare a report with recommendations on their review of those covered benefits.
Employer-sponsored health-insurance costs rose 6% in 2021
Total health-benefit costs rose 6.3 percent, on average, in 2021, reaching $14,542 per employee among all U.S. employer health-plan sponsors with 50 or more employees. That’s according to the annual Mercer “National Survey of Employer-Sponsored Health Plans” for 2021, which the firm released Dec. 13. The rise follows last year’s increase of just 3.4 percent, according to
UTICA, N.Y. — The Utica National Group Foundation has committed $125,000 to ICAN’s Family Resource Center, which will also house a new Children’s Museum. The
Groups applaud new state law permitting remote electronic notarizations
A new state law allows the permanent use of remote electronic notarizations in New York. The New York Credit Union Association (NYCUA) says the bill
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.