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People news: Tompkins Financial promotes Tomazin to treasurer
ITHACA, N.Y. — Tompkins Financial Corporation announced it has promoted Matt Tomazin to treasurer and senior VP. He will report to Frank Fetsko, chief operating
AmeriCU buys building on Route 57 in Clay to establish training center
CLAY, N.Y. — AmeriCU plans to open a training center in a building it recently bought on Route 57 in Clay. The Rome–based credit union purchased the 5,202-square-foot building, located on nearly 1 acre at 7466 Oswego Road, for $550,000 from Michael Jay Associates (Ken Pacioni), according to a release from CBRE/Syracuse. Glenn Weisiger and
Chemung Financial boosts quarterly dividend by 19 percent
ELMIRA, N.Y. — Chemung Financial Corporation’s board of directors recently boosted its quarterly cash dividend by 19 percent to 31 cents a share from the previous 26 cents. The new dividend is payable on July 1, to common-stock shareholders of record as of the close of business on June 17. “We are pleased that our
People news: Community Bank adds Gorski as VP, commercial banking officer
DeWITT, N.Y. — Community Bank N.A. announced that Alexandra Gorski has joined the bank as VP and commercial banking officer in DeWitt. Gorski has 30
AAA expects big rebound in Memorial Day weekend travel, compared to 2020
More than 37 million people are expected to travel 50 miles or more from home during the Memorial Day holiday weekend period between Thursday and
KeyCorp to pay quarterly dividend of 18.5 cents a share in mid-June
KeyCorp (NYSE: KEY) — parent of KeyBank, the No. 2 bank ranked by deposit market share in the 16-county Central New York area — has declared a quarterly cash dividend of 18.5 cents per share of its common stock. The dividend is payable on June 15, to holders of record as of the close of
Community Bank System to pay Q2 dividend of 42 cents a share in July
DeWITT, N.Y. — Community Bank System, Inc. (NYSE: CBU) recently announced that it has declared a quarterly cash dividend of 42 cents per share on its common stock. The dividend will be payable on July 9 to shareholders of record as of June 15. The dividend is the same amount that Community Bank paid each
M&T Bank names Gorczynski CNY regional president as Naples retires
SYRACUSE, N.Y. — M&T Bank (NYSE: MTB), which holds the most deposits and is the largest small-business lender in the region, announced it has named
New York SBDC helps Binghamton café pursue federal restaurant funding
BINGHAMTON, N.Y. — Like a lot of eateries nationwide, the co-owners of the Lost Dog Café & Lounge in Binghamton are pursuing funding from the newly established Restaurant Revitalization Fund (RRF), part of President Biden’s American Rescue Plan. The fund provides direct relief funds to restaurants and other hard-hit food establishments that have experienced significant
Carrols Restaurant Group shaves net loss in first quarter
SYRACUSE, N.Y. — Carrols Restaurant Group, Inc. (NASDAQ: TAST), the nation’s largest Burger King franchisee, on Thursday reported a net loss of $7.2 million, or
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