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First Source Federal Credit Union launches interactive ATMs in downtown Utica
NEW HARTFORD, N.Y. — First Source Federal Credit Union says it is now offering interactive ATMs in downtown Utica, a move that it views as
Carrols Restaurant Group acquires Burger King restaurants in Indiana, Michigan
SYRACUSE, N.Y. — Carrols Restaurant Group, Inc. (NASDAQ: TAST) announced it has recently acquired 19 Burger King restaurants in Indiana and Michigan. Syracuse–based Carrols is
VIEWPOINT: Ask Rusty: Can I Get a Higher SS Benefit Now Because I’m Older?
Dear Rusty: I started getting Social Security (SS) at age 62 and I am now 77. Can I get a higher benefit now that I’m older? Signed: Needy Senior Dear Needy Senior: Probably not. When you first start collecting your Social Security retirement benefits (e.g., at age 62 or any other age) your SS benefit
Security Mutual appoints Gravely as CEO; Boyea to remain chairman
BINGHAMTON, N.Y. — Security Mutual Life Insurance Company of New York announced Thursday it has elected Kirk Gravely as the firm’s CEO, effective July 11,
NBT Bancorp appoints Kingsley CFO
NORWICH, N.Y. — NBT Bancorp Inc. (NASDAQ: NBTB) announced it has appointed Scott A. Kingsley as executive VP and chief financial officer. Kingsley will join
Community Bank System acquires Minnesota benefits-administration company
DeWITT, N.Y. — Community Bank System, Inc. (NYSE: CBU) announced Thursday that it has acquired Fringe Benefits Design of Minnesota, Inc. (FBD), a provider of
VIEWPOINT: How to Grow Your Revenue With Diversified Investments
There’s a famous line from the 1967 hit movie “The Graduate.” Mr. Maguire says to Benjamin Braddock, played by Dustin Hoffman, “There’s a great future in plastics. Think about it. Will you think about it?” Maybe it’s time to replace “plastics” with “diversified growth.” Diversification is the growth driver today I don’t agree with people who express “grow
VIEWPOINT: Want or Need to Retire Early? Tips on How to Pay For It
Delaying retirement has become common for many Americans, either because they saved too little, or they just want to continue working because they enjoy it. Others go in the opposite direction. They retire early — sometimes out of choice but often because their health or the economy forces it. While early retirement might sound appealing, it can
VIEWPOINT: IRS Issues Guidance on Implementing ARPA COBRA Subsidy
On May 18, 2021, the Internal Revenue Service (IRS) issued notice 2021-31 (Notice) which provides additional guidance and clarifications concerning the new COBRA premium assistance provisions enacted under the American Rescue Plan Act of 2021 (ARPA). Under ARPA, employers are required to provide temporary 100-percent COBRA premium subsidies for certain eligible individuals who elect continuation coverage that
Area insurance agents named to Big I New York leadership posts
Insurance-producer trade organization Big I New York recently elected new leadership. Ronald M. Brunell, a Long Island insurance executive, was elected chair of the board for the 2021-22 term. Nicholas C. Masterpole, of Masterpole-Murphy Agency in Syracuse, was elected to a one-year term as vice-chair and secretary-treasurer. Big I New York members also elected and re-elected
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